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InspireMD Reports Results for Period Ended Dec. 31, 2012
Date:2/4/2013

ey Activities 2Q FY 2013 Included:

- Results of the MASTER trial of MGuard EPS were presented on Oct. 24, 2012 at TCT. The 432-patient randomized trial met its primary endpoint (proportion of patients with ST segment resolution of ≥ 70%, measured at 60 to 90 minutes post procedure), showing the MGuard EPS was significantly superior to the control arm of bare metal and drug eluting stents in the treatment of heart attack patients.

- The MASTER trial's results were published in the November 6, 2012 print edition of the peer-reviewed Journal of American College of Cardiology (JACC), Vol. 60, No. 19. The authors concluded that "among patients with acute STEMI (ST Segment Elevation Myocardial Infarction) undergoing emergent PCI enrolled in the present multicenter, randomized, controlled trial, the MGuard Embolic Protection Stent (EPS) compared to standard metallic stents resulted in superior rates of epicardial coronary flow and complete STR, with trends present toward reduced microvascular obstruction, infarct size and mortality."

- The Company implemented initial changes to its sales and marketing activities to leverage both the MASTER trial outcomes as well as the availability of the MGuard Prime cobalt chromium stent platform. Five sales and marketing executives were hired to accelerate market penetration.

- On Dec. 20, 2012, the Company announced a one-for-four reverse stock split of its common stock as part of the process to qualify its shares for quoting on a national U.S. stock exchange. The reverse split decreased the number of issued and outstanding shares of common stock from approximately 72.1 million to approximately 18.0 million.  The Company's authorized common stock was not affected by the reverse stock split.

Subsequent Event

- On Jan. 3, 2013, Alan Milinazzo was named President, CEO, and a member of the board.  He replaced

SOURCE InspireMD, Inc.
Copyright©2012 PR Newswire.
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Related medicine technology :

1. InspireMD to Discuss MGuard(TM) and the MASTER Randomized Trial Results at the ICI 2012 Meeting
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3. InspireMD Reports Results For Period Ending Sept. 30, 2012
4. InspireMD Announces Positive Results From MGuard(TM) Stent MASTER Trial for Emergency Treatment of Heart Attack Patients
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