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RA’ANANA, Israel - Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN), an innovative medical technology company valued at $15.7 million, has announced positive initial results from its collaboration with Ennocure MedTech Ltd. According to InvestingPro analysis, the company maintains a strong balance sheet with more cash than debt, though it’s currently trading near its 52-week low of $0.79. The ex-vivo testing of their novel bio-electronic patch showed a 95% reduction in bacterial presence within four hours on porcine skin models, maintaining effectiveness over a 24-hour period.
The technology utilizes physical electric stimulation to prevent bacterial growth on treated surfaces, offering a non-chemical approach to infection prevention. This could potentially benefit the 250,000 patients who suffer from bloodstream infections related to intravenous lines each year, according to Inspira’s CEO, Dagi Ben-Noon. While the company shows promise in its technological developments, InvestingPro data indicates the company is rapidly burning through cash, maintaining a "FAIR" overall financial health score.
The bio-electronic patch is designed to enhance traditional IV dressings by preventing bacterial growth through physical means, potentially extending wear time, and providing real-time monitoring capabilities. The patch’s efficacy was validated against standardized antimicrobial performance protocols, including the AATCC TM100 standard.
Ennocure MedTech Ltd. specializes in bio-electronic wound dressing, focusing on preventing bacterial infections and enabling remote wound monitoring with AI-driven personalized therapy. Meanwhile, Inspira continues to innovate in the life support and respiratory treatment field with its Augmented Respiration Technology (INSPIRA™ ART) and HYLA™ blood sensor technology, which are in various stages of development and regulatory approval.
The reported results are a step forward for Inspira and Ennocure in their pursuit of next-generation infection prevention technologies. However, it’s important to note that these findings are based on initial tests and that the patch has not yet received regulatory approval. The information in this article is based on a press release statement from Inspira Technologies. With the stock currently trading below its InvestingPro Fair Value and showing potential for growth, investors seeking detailed analysis can access additional ProTips and comprehensive financial metrics through InvestingPro’s advanced platform.
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