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InspireMD Reports Record Third Quarter 2011 Operating and Financial Results and Strategic Update
Date:11/15/2011

ctors with the addition of three highly prominent independent directors:
  • Biotechnology industry veteran Sol J. Barer, former Chairman and CEO of Celgene, joined the Company's Board, bringing over 30 years of experience with publicly traded biotechnology companies.
  • Paul S. Stuka, Managing Member of Osiris Partners and a 30-year investment industry veteran, also joined InspireMD's Board. Mr. Stuka's career includes senior roles at Longwood Partners, State Street Research and Management, and Fidelity Management and Research.
  • Eyal Weinstein, C.P.A., an executive and consultant, joined InspireMD's Board. Mr. Weinstein served as an auditor for Kost-Lev-Ari, the Israeli branch of Ernst & Young, and also served as a senior executive of three firms.

  • Dr. Asher Holzer, Co-Founder of InspireMD and the Company's President, commented, "The positive clinical data and the need for a solution to address the currently unmet need for treatment of Acute MI (myocardial infarction) continues to drive demand for our MGuard stent system from early adopting doctors outside the United States. We have captured the interest of cardiologists, and this will benefit us as we complete our MASTER randomized trial. On November 9, 2011, we hosted a breakfast meeting at the TCT conference, where Dr. Gregg W. Stone discussed 'Thrombus Management in STEMI with MGuard Micro-Mesh Technology: Complex Lesions and the MASTER Trial.' We are also pleased to be working with the Harvard Clinical Research Institute, one of the leading research organizations, as we pursue FDA approval for our technology. The HCRI has performed hundreds of studies with respect to FDA approval applications and we are pleased to work with such a respected and experienced organization."

    Ofir Paz, Co-Founder and CEO of InspireMD, added, "Simultaneous with our efforts to bolster our clinical data, we are expanding our global sales and marketing efforts in anticipation of
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    SOURCE InspireMD
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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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