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InspireMD Provides Corporate Update, Plans for 2012
Date:1/23/2012

TEL AVIV, Israel, Jan. 23, 2012 /PRNewswire/ -- InspireMD, Inc. (OTC BB: NSPR) (the "Company" or "InspireMD"), a medical device company focusing on the development and commercialization of its proprietary stent platform technology for use in patients with Acute Myocardial Infarctions, today announced its business objectives for 2012 and reviewed its achievements in 2011. InspireMD stents are based on the Company's proprietary MicroNet™ platform technology.

The Company said its major objective in the next year is to leverage its MASTER Trial results to commercialize the MGuard™ stent technology globally.  The market for stents in the treatment of Acute Myocardial Infarction is approximately $1.8 billion. The MASTER Trial, a multinational randomized controlled trial designed to evaluate the MGuard™ Coronary Stent compared with the standard of care for acute ST-elevation myocardial infarction (STEMI) patients, is progressing well and enrolling on schedule, the Company reported. Preliminary results are expected in the third quarter.

A second major objective in the next year is to initiate a U.S. registration study, the Company said. Discussions with the U.S. Food and Drug Administration are taking place actively with the objective of initiating this study later this year. The Investigational Device Exemption (IDE) application that would enable this trial to begin is planned for submission soon, the Company said. 

"Achievement of our objectives for 2012 would literally transform our Company," said Ofir Paz, InspireMD's Chief Executive Officer. "Our larger goal is to establish MGuard™ as the new standard of care in the interventional treatment of Acute MI."

Mr. Paz added: "In 2011, InspireMD made significant progress in planning, initiating and enrolling patients into the MASTER Trial and in expanding the international commercial presence of MGuard™. There appears to be significant inter
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Related medicine technology :

1. InspireMD Announces the Enrollment of the 1st Patient in the MGuard iMOS Registry, the Registry Will Enroll 1000 Patients
2. For the First Time, at EuroPCR, InspireMD Will Provide a Sneak Preview of the Next Generation MGuard Prime(R), a State of the Art Net Protective Cobalt Chromium Stent System
3. InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative
4. InspireMD Boosts MGuard Production Capacity
5. InspireMD to Commence Trading as a Public Company Under Ticker Symbol "NSPR"
6. InspireMD to Participate in Benchmark Company, LLC 2011 One-On-One Investor Conference
7. InspireMD Increases Geographic Penetration; MGuard Stent is Now Available in India
8. InspireMD Promotes MGuard™ at the EuroPCR 2011 Exhibition and Conference in Paris This Week
9. InspireMD Announces Year-to-Date 2011 Progress
10. InspireMD Broadens Global Distribution Network; Signs Distributor for the Russian Federation
11. Sol J. Barer, Ph.D. Joins InspireMD Board of Directors
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