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

est in MGuard™ within the global physician community."

The MGuard™ Coronary Stent is now available in Europe, Asia and Latin America through InspireMD's distributor network. The Company said that in 2012 it will aggressively pursue additional registrations and contracts in new areas, with the goal of fostering further brand name recognition.  Plans for infrastructure expansion, including the addition of manufacturing capacity and hiring of key senior personnel, are also at an advanced stage.

2011 Achievements

  • Initiated MASTER Trial comparing MGuard with standard of care in STEMI patients.  As of January 23rd 2012, 150 patients (out of 432 planned) have been enrolled.
  • Presented positive three-year follow up data of MGuard Multicenter Experience in STEMI patients at the Transcatheter Cardiovascular Therapeutics (TCT) meeting in San Francisco, CA.   This study showed approximately 50% reduction of MACE (Major Adverse Cardiac Events) compared to patients stented with conventional bare metal stent (BMS) or drug eluting stent (DES) products. 
  • Expanded the international presence of MGuard™ through distributors in South Africa, India and Russia. MGuard™ is currently approved and sold via distributors in more than 30 countries.
  • Enrollment reached over 600 patients in the ongoing International registries.
  • Doubled MGuard™ production levels to meet the ongoing increase in demand.
  • Commenced trading as a public company in the United States on the Over-the-Counter Bulletin Board (OTCBB).
  • Concluded a series of financings in which the Company raised an aggregate of approximately $12 million of cash. 
  • Elected Sol J. Barer, Ph.D. as Chairman of the Board of Directors, and elected Paul Stuka and Eyal Weinstein as independent directors.

2012 Go
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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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