InspireMD

Stent System Technology for Preventing Embolization

Health Tech & Life Sciences
Public on NYSE on Apr 2011
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Company Overview

Snapshot

Founded in April 2005, InspireMD operates with 51–200 employees and has raised a total of $229.48 million across 11 funding rounds from 5 investors. In September 2024, the company announced the submission of a Premarket Approval Application to the FDA for its CGuard™ Prime Carotid Stent System, signaling a significant step towards U.S. market entry.

Business overview

InspireMD is a commercial-stage medical device company specializing in proprietary stent designs with integrated embolic prevention systems (EPS). Its core technology, MicroNet mesh, addresses shortcomings in conventional carotid stenting and surgery by providing neurovascular protection and stroke prevention. The company aims to establish its products as the industry standard for sustained embolic protection and is expanding its portfolio to include applications in other indications such as peripheral artery procedures, serving the healthcare and life sciences sectors.

Strategic signal

In October 2024, InspireMD announced the approval of its Investigational Device Exemption (IDE) Application for the. This indicates a strong commitment to clinical validation and regulatory progress, suggesting an accelerated path towards broader market adoption and strategic expansion in the neurovascular device market.

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Company Intelligence Q&A

What significant regulatory milestone did InspireMD achieve in September 2024?
In September 2024, InspireMD announced the submission of a Premarket Approval Application to the FDA for its CGuard™ Prime Carotid Stent System, seeking U.S. regulatory approval.
What was a key strategic move by InspireMD in October 2024?
In October 2024, InspireMD announced the establishment of its global headquarters in Miami, Florida, to support the anticipated U.S. launch and commercialization of the CGuard Prime Carotid Stent System.
What was the outcome of InspireMD's Q3 2023 financial results?
InspireMD reported its Third Quarter 2023 financial results in November 2023, with CGuard EPS Revenue increasing by 9%.
Which investors participated in InspireMD's August 2025 financing round?
In August 2025, InspireMD secured financing from OrbiMed and Marshall Wace. The company announced $58 million in combined financings and a new addition to its board of directors, as reported by Vascular News.
What strategic partnership did InspireMD announce in September 2022?
In September 2022, InspireMD announced a strategic outsourcing partnership with NAMSA to accelerate new product development.
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