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InspireMD to Commence Trading as a Public Company Under Ticker Symbol "NSPR"
Date:5/5/2011

port its regulatory approval efforts.

"InspireMD has made tremendous progress, deploying over 12,000 stents and distributing our novel technology to more than 30 territories," commented Asher Holzer, co-founder and President of InspireMD. "Today, we take the next major step in our evolution. The equity financing and our emergence as a public company is a milestone event for InspireMD, providing us with the resources necessary to complete requisite clinical trials in the United States. As a U.S. listed public company, we believe that we will enjoy increased visibility, improving our ability to penetrate the market. The proven management team of InspireMD is committed to creating shareholder value and extending our technology to ultimately save lives."

"InspireMD is targeting the fastest-growing segment of the stent market which is for acute MI, currently estimated to exceed $2.3 billion annually with limited competition for InspireMD," commented Ofir Paz, CEO and co-founder of InspireMD. "The addressable market for MGuard's micro net technology exceeds four million patients per year, and most of these patients are currently treated with inadequate solutions. In addition, InspireMD has started to develop additional products that address additional indications. Some of these products are peripheral stents, drug eluting mesh, and carotid stents."

InspireMD is seeking FDA approval to sell its products in the U.S., and is collaborating with the Harvard Clinical Research Institute (HCRI), an international leader in design and conduct of coronary device trials, for U.S. FDA trials.

Acute myocardial infarction (AMI)

Acute myocardial infarction (AMI), commonly known as a heart attack, is the interruption of blood supply to a part of the heart's muscle, causing cells to die. Blood flow is interrupted most commonly due to a thrombus (a blood clot) in a coronary artery following the rupture of a vulnerable (loose) atherosclerotic plaque
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Related medicine technology :

1. InspireMD Boosts MGuard Production Capacity
2. InspireMD Becomes a Supporting Organization in the Growing Stent for Life Initiative
3. 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
4. InspireMD Announces the Enrollment of the 1st Patient in the MGuard iMOS Registry, the Registry Will Enroll 1000 Patients
5. OncoMed Pharmaceuticals Announces FDA Clearance to Commence Phase 1 Testing of Anti-Cancer Stem Cell Therapeutic OMP-18R5
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