Announcement • Jun 09
Inspiremd Enrolls First Patient in Cguardians Iii Pivotal Study of Switchguard Neuro Protection System for Use in Tcar Procedures InspireMD, Inc. announced that the first patient has been enrolled in the CGUARDIANS III pivotal study of its SwitchGuard neuro protection system for use with its CGuard Prime 80 cm stent platform, in transcarotid artery revascularization procedures. The patient was enrolled at Good Samaritan Hospital, part of the TriHealth System in Cincinnati, Ohio. CGUARDIANS III is a prospective, multi-center, single-arm, pivotal study that will enroll approximately 103 subjects. The objective of the study is to evaluate the safety and efficacy of the SwitchGuard NPS in providing cerebral embolic protection during TCAR procedures using the CGuard Prime 80 cm stent system for the treatment of carotid artery stenosis in patients at high risk for complications from carotid endarterectomy. Announcement • Apr 28
InspireMD, Inc. to Report Q1, 2026 Results on May 04, 2026 InspireMD, Inc. announced that they will report Q1, 2026 results on May 04, 2026 Announcement • Apr 13
InspireMD, Inc., Annual General Meeting, Jun 03, 2026 InspireMD, Inc., Annual General Meeting, Jun 03, 2026. Location: 4 menorat hamaor st., tel-aviv., Israel Announcement • Apr 04
InspireMD, Inc. has filed a Follow-on Equity Offering in the amount of $75 million. InspireMD, Inc. has filed a Follow-on Equity Offering in the amount of $75 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Mar 18
InspireMD, Inc. Provides Earnings Guidance for the Full Year 2026 InspireMD, Inc. provided earnings guidance for the full year 2026. For the year, management currently expects revenue for the full year 2026 to be in the range of $13 million to $15 million, reflecting expected revenue growth of approximately 45% to 65% over 2025. Announcement • Mar 09
InspireMD, Inc. to Report Q4, 2025 Results on Mar 18, 2026 InspireMD, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 18, 2026 Announcement • Dec 20
InspireMD, Inc. Announces Resignation of Kathryn Arnold from Board of Directors and Board Committees, Effective December 31, 2025 InspireMD, Inc. announced that Kathryn Arnold, a Class III member of the board of directors, a member of the compensation committee of the Board, the nominating and corporate governance committee of the Board, and the research and development committee of the Board, tendered her resignation from the Board, effective December 31, 2025. Ms. Arnold's resignation from the Board was not due to any disagreement with the Company, the Board or the management of the Company on any matter relating to the Company's operations, policies, practices or otherwise. Announcement • Nov 05
Inspiremd, Inc. Provides Revenue Guidance for the Fourth Quarter of 2025 InspireMD, Inc. provided revenue guidance for the fourth quarter of 2025. For the fourth quarter, the company expects sequential growth in U.S. sales and steady demand trends internationally, resulting in revenue of approximately $2.5 million to $3.0 million in the fourth quarter. Announcement • Nov 04
InspireMD, Inc. Appoints Peter A. Soukas, M.D., as Chief Medical Officer InspireMD, Inc. announced the appointment of Peter A. Soukas, M.D., as Chief Medical Officer to advance its mission to deliver best-in-class tools for carotid intervention. Dr. Soukas brings significant experience and credentials in the field of vascular intervention to InspireMD. He serves as the Director of Vascular Medicine and the Peripheral Vascular Interventional Laboratory at The Miriam Hospital and is an Associate Professor of Medicine at The Warren Alpert Medical School of Brown University, where he also directs the Vascular and Endovascular Medicine Fellowship Program, which he founded. He is a Fellow of the American College of Cardiology, the Society of Vascular Medicine, the Society of Coronary Angiography and Interventions, and the American College of Physicians. In addition to his role at InspireMD, Dr. Soukas will be maintaining his clinical practice. Dr. Soukas’ clinical expertise and leadership in the interventional community speaks volumes for his passion and commitment to improving patient outcomes and advancing technology and innovation. He has served as the site principal investigator on more than 24 trials in carotid stenting, the site principal investigator on more than 150 endovascular trials, is a highly sought-after speaker having delivered over 300 invited lectures, and is a prolific researcher, publishing dozens of peer-reviewed papers with deep relationships among other key opinion leaders who shape the field. He is board certified in cardiovascular disease, interventional cardiology, vascular medicine, and endovascular medicine, and is certified in noninvasive vascular lab interpretation. Announcement • Oct 22
InspireMD, Inc. to Report Q3, 2025 Results on Nov 04, 2025 InspireMD, Inc. announced that they will report Q3, 2025 results on Nov 04, 2025 Announcement • Sep 18
InspireMD, Inc. Announces Resignation of Thomas J. Kester, A Class III Member of the Board of Directors, Member of the Compensation Committee, and the Chairman of the Audit Committee of the Board, Effective September 16, 2025 On September 13, 2025, Mr. Thomas J. Kester, a Class III member of the board of directors of InspireMD, Inc., a member of the compensation committee of the Board (the “Compensation Committee”), and the chairman of the audit committee of the Board, tendered his resignation from the Board, effective September 16, 2025. Mr. Kester’s resignation from the Board was not due to any disagreement with the Company, the Board or the management of the Company on any matter relating to the Company’s operations, policies, practices or otherwise. Announcement • Sep 17
Inspiremd, Inc. Announces Appointment of Dan Dearen to Board of Directors, Chairman of the Audit Committee and A Member of the Compensation Committee, Effective September 16, 2025 On September 16, 2025, InspireMD, Inc. announced the appointment of Dan Dearen to its Board of Directors. Mr. Dearen brings nearly 40 years of leadership experience in the medical device and life sciences sectors, with a proven track record of guiding MedTech companies through critical financial milestones and delivering shareholder value through execution. Mr. Dearen previously served as President, co-Founder, and Chief Financial Officer of Axonics, Inc., During his tenure, Axonics went public and became one of the fastest-growing companies in the medical device sector, helping over 300,000 patients find relief from bladder and bowel dysfunction. Axonics, Inc. was acquired by Boston Scientific in November 2024 for $3.7 billion. Until July 2024, Mr. Dearen also served as Chair of the Audit Committee and a Board member at Endotronix, a medical device company leveraging pulmonary artery (PA) pressure and vital sign data to improve care for patients with heart failure. He currently holds the same roles at JenaValve Technology, a developer of innovative transcatheter heart valve (THV) solutions, and BetaBionics, the creator of the iLet Bionic Pancreas, an autonomous insulin delivery system that determines every insulin dose for patients with diabetes. Prior to co-founding Axonics, Mr. Dearen held the role of Chief Operating and Financial Officer at Vessix Vascular, a medical device company focused on hypertension therapies, which Boston Scientific acquired in 2012 for $425 million. Mr. Dearen received his B.B.A. in Accounting and Business from Southern Methodist University and his M.B.A. from Boston College. Mr. Dearen’s appointment to the Board of Directors follows the appointment of Mr. Ray Cohen, announced in July 2025. In connection with his appointment, Mr. Dearen was also appointed as the chairman of the Audit Committee and a member of the Compensation Committee. Announcement • Sep 09
InspireMD, Inc. Appoints Raymond W. Cohen to Serve as A Member of the Audit Committee and the Compensation Committee of the Board, Effective September 7, 2025 On September 7, 2025, the Board of InspireMD, Inc. appointed Mr. Raymond W. Cohen to serve as a member of the Audit Committee and the Compensation Committee of the Board. Announcement • Jul 31
Inspiremd Announces Appointment of Raymond W. Cohen to Its Board of Directors InspireMD, Inc. announced the appointment of Raymond W. Cohen to its Board of Directors. Mr. Cohen has over 40 years of leadership experience in medical technology with a successful track record of scaling commercial operations and creating shareholder value through market leadership and successful exit transactions. Mr. Cohen was the CEO and co-founder of Axonics, Inc., which he took public in late 2018 and led through its $3.7 billion acquisition by Boston Scientific in November 2024. Axonics earned recognition as the number one fastest-growing company in the Americas by Deloitte and the Financial Times in 2021. Until May of 2025, Mr. Cohen served as Chairman of SoniVie Ltd., a clinical stage company focused on a device treatment for hypertension until it was acquired by Boston Scientific for $600 million. Cohen also serves as an independent director for Kestra Medical (Nasdaq: KMTS) and PE-backed Spectrum Vascular Inc., as well as Chairman of privately held Nalu Medical and Vice Chairman of privately held Tulavi, Inc. Previously, Cohen was CEO of Vessix Vascular, Inc., and publicly traded Cardiac Science Inc., a pioneer in automated external defibrillators which was later acquired by Zoll Medical. Mr. Cohen’s work has earned him numerous honors, including the MedTech MVP Award, EY Entrepreneur of the Year, and a Lifetime Achievement Award from SoCalBio. Announcement • Jul 22
InspireMD, Inc. to Report Q2, 2025 Results on Aug 05, 2025 InspireMD, Inc. announced that they will report Q2, 2025 results on Aug 05, 2025 Announcement • Jun 25
InspireMD, Inc. Announces FDA Approval for CGuard®? Prime Carotid Stent System for the Prevention of Stroke InspireMD, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted premarket application (PMA) approval of the CGuard Prime Carotid Stent System in the United States. The PMA approval is backed by best-in-class evidence from the Company's C-GUARDIANS pivotal trial, first presented at the Leipzig Interventional Course (LINC) in May 2024. CGuard Prime demonstrated the lowest 30-day (0.95%) and 1-year (1.93%) primary endpoint major adverse event rates of any pivotal study of carotid intervention. The Company's announcement of FDA approval of the CGuard Prime carotid Stent System triggers the second of four milestone-driven warrant tranches pursuant to the private placement financing of up to $113.6 million announced in May 2023. Proceeds, if any, will be used to support the imminent commercial launch of the CGuard Prime CarOTid Stent System in theUnited States, initiating new regulatory pathways for advanced applications of CGuard stent platform, and developing new products, while at the same time continuing to develop business outside of the United States. Announcement • Jun 04
InspireMD, Inc. Appoints Michael Lawless as Chief Financial Officer, Effective on or Prior to June 30, 2025 InspireMD, Inc. announced the appointment of Michael Lawless, an industry veteran, as Chief Financial Officer, effective on or prior to June 30, 2025 (the “Effective Date”). On the Effective Date, Mr. Lawless will succeed Craig Shore, who has served as Chief Financial Officer of InspireMD for nearly 15 years.Mr. Lawless is an experienced public company CFO with decades of financial leadership throughout the healthcare space. For the past three years, he has served as CFO of Lifeward (formerly ReWalk Robotics). Previously, he served as the CFO of the $200 million Life Sciences unit of Brooks Automation. Mr. Lawless also served in several other senior corporate finance roles. Announcement • Apr 25
InspireMD, Inc. to Report Q1, 2025 Results on May 09, 2025 InspireMD, Inc. announced that they will report Q1, 2025 results on May 09, 2025 Announcement • Apr 16
InspireMD, Inc., Annual General Meeting, Jun 03, 2025 InspireMD, Inc., Annual General Meeting, Jun 03, 2025. Location: te offices of inspiremd , 4 menorat hamaor st., tel-aviv, israel United States Announcement • Apr 02
InspireMD, Inc. has filed a Follow-on Equity Offering in the amount of $75 million. InspireMD, Inc. has filed a Follow-on Equity Offering in the amount of $75 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Feb 26
InspireMD, Inc. to Report Q4, 2024 Results on Mar 12, 2025 InspireMD, Inc. announced that they will report Q4, 2024 results on Mar 12, 2025 Announcement • Dec 12
Craig Shore Decides to Retire as Chief Financial Officer of InspireMD, Inc InspireMD, Inc. announced that Craig Shore, Chief Financial Officer, has decided to retire from the Company after a successor CFO is identified and appointed. Mr. Shore will remain as CFO until his successor is appointed and will assist in a smooth and orderly transition. Announcement • Dec 10
Inspiremd Announces First Patient Enrolled in the Cguardians Ii Pivotal Study of the Cguard Prime Carotid Stent System in Transcarotid Artery Revascularization Procedures InspireMD, Inc. announced that the first patient has been enrolled in the company’s CGUARDIANS II clinical trial evaluating its CGuard Prime Carotid Stent System in patients undergoing carotid artery stenting via the Transcarotid Artery Revascularization (TCAR) approach. The patient was enrolled by Dr. Patrick Muck at Good Samaritan Hospital, part of the TriHealth System in Cincinnati, Ohio. Dr. Muck serves as both the site principal investigator as well as a co-lead investigator of the CGUARDIANS II study. CGUARDIANS II is a prospective, multi-center, single arm pivotal study that aims to enroll a minimum of 50 evaluable patients. The objective of this study is to evaluate acute device success and technical success of the CGuard Prime when used in conjunction with an FDA-cleared TCAR neuro-protection system in patients at high risk for adverse events from carotid endarterectomy. Announcement • Nov 26
InspireMD, Inc. Appoints Scott R. Ward to Its Board of Directors InspireMD, Inc. announced the appointment of accomplished medical technology executive Scott R. Ward to its Board of Directors. Mr. Ward most recently served as Chief Executive Officer and President of Cardiovascular Systems, Inc. prior to its acquisition by Abbott (NYSE: ABT) in April 2023. Mr. Ward has over 40 years of experience in the healthcare industry, including nearly 30 years at Medtronic, Inc. where he served in various leadership roles including as Senior Vice President and President of the CardioVascular, Neurological and Diabetes businesses. Mr. Ward is the Founder of Raymond Holdings, a firm with activities in venture capital, strategy and transactional advisory services for medical technology and life science companies. He earned his Bachelor of Science in Genetics and Cell Biology, his Master of Science in Toxicology, and his Master of Business Administration, all from the University of Minnesota. Reported Earnings • Nov 13
Third quarter 2024 earnings released: US$0.16 loss per share (vs US$0.15 loss in 3Q 2023) Third quarter 2024 results: US$0.16 loss per share (further deteriorated from US$0.15 loss in 3Q 2023). Revenue: US$1.81m (up 16% from 3Q 2023). Net loss: US$7.89m (loss widened 52% from 3Q 2023). Revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Medical Equipment industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Nov 04
InspireMD, Inc. to Report Q3, 2024 Results on Nov 12, 2024 InspireMD, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Announcement • Oct 07
InspireMD, Inc. Announces Approval of Investigational Device Exemption (IDE) Application for CGUARDIANS II Pivotal Study of the CGuard Prime 80cm Carotid Stent System InspireMD, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved the company's Investigational Device Exemption (IDE) Application to initiate the CGUARDIANS II pivotal study of its CGuard Prime 80cm Carotid Stent System during transcarotid revascularization (TCAR) procedures. In February 2024, InspireMD announced that Patrick Geraghty, M.D., professor of surgery and radiology, section of vascular surgery at Washington University School of Medicine in St. Louis, MO, and Patrick Muck, M.D., program director and chief of vascular surgery at Good Samaritan Hospital in Cincinnati, OH, have agreed to act as lead investigators for the trial. Announcement • Sep 16
InspireMD Announces Submission of Premarket Approval Application to FDA Seeking U.S. Regulatory Approval of the CGuard™ Prime Carotid Stent System InspireMD, Inc. announced that it has submitted a Premarket Approval (PMA) application to the U.S. Food and Drug Administration (FDA) seeking marketing approval for the CGuard Prime carotid stent system in the U.S. The PMA application is based on the overwhelmingly positive one-year data from the Company's C-GUARDIANS pivotal clinical trial that were presented at the Leipzig Interventional Course (LINC) 2024 in May. The C-GUARDIANS clinical trial evaluated the safety and efficacy of CGuard for the treatment of carotid artery stenosis. The study enrolled 316 patients across 24 trial sites in the U.S. and Europe. The C-GUARDIANS results showed a primary endpoint1 major adverse event rate of 1.95% through twelve months post-procedure, the lowest such event rate reported for any carotid stent or embolic protection device pivotal trial to date. Reported Earnings • Aug 06
Second quarter 2024 earnings released: US$0.22 loss per share (vs US$0.24 loss in 2Q 2023) Second quarter 2024 results: US$0.22 loss per share. Revenue: US$1.74m (up 5.5% from 2Q 2023). Net loss: US$7.91m (loss widened 56% from 2Q 2023). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Medical Equipment industry in Germany. New Risk • Jul 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 20% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€63.6m market cap, or US$68.9m). Announcement • Jul 30
InspireMD, Inc. to Report Q2, 2024 Results on Aug 06, 2024 InspireMD, Inc. announced that they will report Q2, 2024 results on Aug 06, 2024 Reported Earnings • May 15
First quarter 2024 earnings released: US$0.20 loss per share (vs US$0.53 loss in 1Q 2023) First quarter 2024 results: US$0.20 loss per share. Revenue: US$1.51m (up 22% from 1Q 2023). Net loss: US$7.03m (loss widened 65% from 1Q 2023). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Medical Equipment industry in Germany. Announcement • May 09
InspireMD, Inc. to Report Q1, 2024 Results on May 14, 2024 InspireMD, Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024 Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Chair of Scientific Advisory Board Ken Rosenfield was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 20
InspireMD, Inc., Annual General Meeting, Jun 10, 2024 InspireMD, Inc., Annual General Meeting, Jun 10, 2024, at 10:00 US Eastern Standard Time. Location: 4 Menorat Hamaor St. Tel-Aviv Israel Agenda: To consider the election of two Class 1 directors to serve on board of directors for a term of three years or until his or her successor is elected and qualified, for which Paul Stuka and Gary Roubin are the nominees; to approve the Company's executive compensation; to approve the frequency of future advisory votes on the Company's executive compensation; to consider the ratification of the appointment of Kesselman & Kesselman, Certified Public Accountants, a member of PricewaterhouseCoopers International Limited, as independent registered public accounting firm for the year ending December 31, 2024; and to consider such other business as may properly come before the Annual Meeting. Reported Earnings • Mar 07
Full year 2023 earnings released: US$0.82 loss per share (vs US$2.35 loss in FY 2022) Full year 2023 results: US$0.82 loss per share. Revenue: US$6.21m (up 20% from FY 2022). Net loss: US$19.9m (loss widened 7.7% from FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Medical Equipment industry in Germany. Announcement • Feb 29
InspireMD, Inc. to Report Q4, 2023 Results on Mar 06, 2024 InspireMD, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 06, 2024 Recent Insider Transactions • Dec 05
Insider recently bought €116k worth of stock On the 30th of November, Gary Roubin bought around 50k shares on-market at roughly €2.32 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Nov 02
Inspiremd, Inc. Presents Positive 30-Day Follow-Up Results from the C-Guard®? U.S. Investigational Device Exemption (Ide) Clinical Trial InspireMD, Inc. presented 30-day results from the C-GUARDIANS U.S. Investigational Device Exemption (IDE) clinical trial at the Vascular InterVentional Advances (VIVA) meeting, which is being held October 30 through November 2 in Las Vegas, NV. The presentation, which was accepted as a late-breaking abstract, was delivered by Dr. Chris Metzger, System Vascular Chief at OhioHealth in Columbus, OH and principal investigator of the C-GUARDIans trial. The company believe the neuroprotective qualities of C-Guard set it apart from competing stents on the market and should help accelerate the ongoing shift in carotid revascularizations from 'surgery first' to an endovascular 'stent first' approach. InspireMD anticipates reporting primary endpoint results from C-GUARDIANS in the second half of 2024 that may support a Premarket Approval (PMA) application. Announcement • Oct 31
InspireMD, Inc. to Report Q3, 2023 Results on Nov 06, 2023 InspireMD, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 06, 2023 Announcement • Oct 05
InspireMD, Inc. Announces Management Appointments InspireMD, Inc. announced senior leadership additions and changes intended to support the company’s commercial growth initiatives, including potential approval of the CGuard Prime stent platform in the U.S., development of new stent delivery systems, and growth in existing approved territories outside of the U.S. The company announced that it has hired Patrick Verta, MD, as Executive Vice President of Clinical and Medical Affairs. In addition, Shane Gleason, who previously served as InspireMD’s General Manager of North America and VP of Global Marketing, has been promoted to Chief Commercial Officer. Dr. Patrick Verta joins InspireMD from Canary Medical, a developer of implantable remote patient monitoring sensor technology and complementary data and analytics, where he served as Chief Medical Officer. Prior to that, he was Founder and Chief Executive Officer of Axelmed LLC, a consultancy focused on strategy and clinical, scientific, medical, and regulatory affairs for medical device companies. Before Axelmed, he spent the prior five years in various roles at Edwards Lifesciences, most recently as VP of Global Medical Affairs, Clinical Science and Biometrics in the Transcatheter Mitral and Tricuspid Therapies (TMTT) division. Earlier in his career, he held senior leadership positions at Sunshine Heart, Neomend, Abbott Vascular (part of Abbott) and Guidant (acquired by Abbott), among others. Dr. Verta received his Doctor of Medicine (M.D.) from Faculté de Médecine in Paris. Reported Earnings • Aug 08
Second quarter 2023 earnings released: US$0.24 loss per share (vs US$0.59 loss in 2Q 2022) Second quarter 2023 results: US$0.24 loss per share. Revenue: US$1.65m (up 7.7% from 2Q 2022). Net loss: US$5.08m (loss widened 9.5% from 2Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Medical Equipment industry in Germany. Announcement • Jul 29
InspireMD, Inc., Annual General Meeting, Sep 13, 2023 InspireMD, Inc., Annual General Meeting, Sep 13, 2023, at 10:00 US Eastern Standard Time. Location: 4 Menorat Hamaor St. Tel-Aviv Israel Agenda: T consider the election of three Class 3 directors to serve on board of directors for a term of three years or until his or her successor is elected and qualified, for which Marvin Slosman, Thomas J. Kester and Kathryn Arnold are the nominees; to approve the potential issuance of shares in the Private Placement Offering; to approve an amendment to Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by recent amendments to Delaware law; to consider the ratification of the appointment of Kesselman & Kesselman, Certified Public Accountants, a member of PricewaterhouseCoopers International Limited, as independent registered public accounting firm for the year ending December 31, 2023; and to consider such other business as may properly come before the Annual Meeting. Announcement • Jul 26
InspireMD, Inc. to Report Q2, 2023 Results on Aug 08, 2023 InspireMD, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 08, 2023 Announcement • Jun 28
InspireMD, Inc. Announces Completion of Enrollment in C-Guardians U.S. Investigational Device Exemption Clinical Trial InspireMD, Inc. announced that it completed enrollment of its ongoing C-Guardians U.S. Investigational Device Exemption (IDE) clinical trial, designed to support potential U.S. marketing approval of the CGuard Prime EPS stent system. The C-Guardians clinical trial is evaluating the safety and efficacy of the CGuard™ Carotid Stent System for the treatment of carotid artery stenosis. The study, which commenced enrollment in July 2021, enrolled 315 patients across 25 trial sites in the U.S. and Europe. The trial includes both symptomatic and asymptomatic patients undergoing carotid artery stenting (CAS). The primary endpoint includes the composite of the following: incidence of the following major adverse events: death (all- cause mortality), all stroke, and myocardial infarction (DSMI) through 30-days post-index procedure, based on the Clinical Events Committee (CEC) adjudication or ipsilateral stroke from 31-365-day follow-up, based on CEC adjudication. The performance goal will be considered to have been met if the upper bound of the two-sided 95% confidence interval calculated from the observed primary endpoint rate is <11.6% and the p-value is <0.025. The company anticipates results from the study in second half 2024. Announcement • May 17
InspireMD, Inc. announced that it has received $42.169643 million in funding from Marshall Wace LLP, OrbiMed Advisors LLC, Nantahala Capital Management, LLC, Soleus Capital Management, L.P., Velan Inc. and other investors On May 16, 2023, InspireMD, Inc. closed the transaction. Announcement • May 06
InspireMD, Inc. to Report Q1, 2023 Results on May 15, 2023 InspireMD, Inc. announced that they will report Q1, 2023 results on May 15, 2023 Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$0.58 loss per share (vs US$0.53 loss in 3Q 2021) Third quarter 2022 results: US$0.58 loss per share (further deteriorated from US$0.53 loss in 3Q 2021). Revenue: US$1.43m (up 34% from 3Q 2021). Net loss: US$4.53m (loss widened 11% from 3Q 2021). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Medical Equipment industry in Germany. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Announcement • Oct 26
InspireMD, Inc. to Report Q3, 2022 Results on Nov 08, 2022 InspireMD, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 08, 2022 Recent Insider Transactions • Aug 23
Insider recently bought €67k worth of stock On the 18th of August, Gary Roubin bought around 36k shares on-market at roughly €1.88 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €279k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$0.59 loss per share (vs US$0.46 loss in 2Q 2021) Second quarter 2022 results: US$0.59 loss per share (down from US$0.46 loss in 2Q 2021). Revenue: US$1.53m (up 48% from 2Q 2021). Net loss: US$4.64m (loss widened 32% from 2Q 2021). Over the next year, revenue is forecast to grow 37%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Announcement • Aug 03
InspireMD, Inc. to Report Q2, 2022 Results on Aug 09, 2022 InspireMD, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 09, 2022 Announcement • Jul 15
InspireMD, Inc. Announces Appointment of Endovascular Pioneer Dr. Juan Parodi as Strategic Advisor InspireMD, Inc. announced the appointment of endovascular pioneer Dr. Juan Parodi as a strategic advisor to the Company. Dr. Parodi currently serves as Honorary Professor of Surgery at both Universidad de Buenos Aires in Argentina and at Washington University School of Medicine in St. Louis. Dr. Parodi received his Physician and Surgeon Honor Certificate from Universidad del Salvador, Buenos Aires, Argentina, his Board Certificate in General Surgery from the University of Buenos Aires, and his Board Certificate in Vascular Surgery from the Argentinean College of Medicine Argentinean College of Cardiovascular Surgery, Buenos Aires Province. Announcement • Jul 06
InspireMD, Inc., Annual General Meeting, Aug 31, 2022 InspireMD, Inc., Annual General Meeting, Aug 31, 2022, at 16:30 Eastern Standard Time. Location: 4 Menorat Hamaor St., Tel-Aviv Israel Agenda: To consider the election of one Class 2 director to serve on board of directors for a term of three years or until his successor is elected and qualified, for which Michael Berman is the nominee; Ratification of the appointment of Kesselman & Kesselman, Certified Public Accountants, a member of PricewaterhouseCoopers International Limited, as independent registered public accounting firm for the year ending December 31, 2022; and Such other business as may properly come before the Annual Meeting. Reported Earnings • May 12
First quarter 2022 earnings released: US$0.57 loss per share (vs US$0.53 loss in 1Q 2021) First quarter 2022 results: US$0.57 loss per share (down from US$0.53 loss in 1Q 2021). Revenue: US$1.18m (up 18% from 1Q 2021). Net loss: US$4.48m (loss widened 38% from 1Q 2021). Over the next year, revenue is forecast to grow 50%, compared to a 7.2% growth forecast for the industry in Germany. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$2.03 loss per share (up from US$6.97 loss in FY 2020). Revenue: US$4.50m (up 81% from FY 2020). Net loss: US$14.9m (loss widened 42% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 11% growth forecast for the industry in Germany. Announcement • Mar 01
InspireMD Announces the Inclusion of its CGuard Carotid Stent in CREST-2 Trial Following FDA Approval of the Investigational Device Exemption Supplement Application InspireMD, Inc. announced its CGuard Carotid Stent, utilizing its proprietary MicroNet mesh, will be included as a device option for stenting in the CREST-2 Trial. Following the approval of the Carotid Revascularization Endarterectomy or Stenting Trial (CREST-2) Investigational Device Exemption (IDE) supplement application from the U.S. Food and Drug Administration (FDA) last week, InspireMD will be evaluating strategic sites to enable expediated access. The study first enrolled patients in 2014, as two parallel multi-center randomized, observer-blinded endpoint clinical trials with the purpose of being to determine the best way to prevent strokes in patients with high grade carotid stenosis but no stroke symptoms related to that blockage. The trial will enroll an estimated 2,480 participants which will remain in the study for 4 years following the start of intervention. Announcement • Feb 24
InspireMD, Inc. to Report Q4, 2021 Results on Mar 08, 2022 InspireMD, Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 08, 2022 Announcement • Feb 16
InspireMD Appoints Adnan Siddiqui as Member of Its Scientific Advisory Board and Strategic Advisor InspireMD, Inc. announced the appointment of Adnan Siddiqui, MD, PhD, FAANS, FACS, FAHA to the Company’s Scientific Advisory Board. Dr. Siddiqui brings extensive knowledge and expertise to InspireMD as a neurovascular surgeon and clinical scientist focused on and dedicated to the comprehensive management of ischemic stroke and vascular diseases involving the brain and spinal cord. Dr. Adnan Siddiqui is Vice-Chairman and Professor of Neurosurgery at the State University of New York at Buffalo (UB). He serves as Director of Neuroendovascular Research, Fellowship, and the Canon Stroke and Vascular Research Center at UB. He also serves as Director of Neurosurgical Stroke Service at Kaleida Health, and is the Chief Executive and Chief Medical Officer for the Jacobs Institute, a medical innovation center focused on accelerating device development in vascular medicine based in Buffalo, NY. Dr. Siddiqui recently served as Chair (2020-2021) of the Joint Section of Cerebrovascular Surgery of the American Association of Neurological Surgery (AANS) and Congress of Neurological Surgeons (CNS). He has also served as the Secretary for the Society of NeuroInterventional Surgery (SNIS) (2020-2021). He has served on the Endovascular Task Force of AANS, and been on multiple scientific and educational committees of the AANS, CNS, SNIS, American Board of Neurological Surgery and the Society Neurological Surgeons. Dr. Siddiqui is a reviewer for Stroke, Neurosurgery, Journal of Neurosurgery and Journal of NeuroInterventional Surgery as well as for numerous other medical journals, and he has over 500 peer reviewed publications. Dr. Siddiqui completed fellowship training in Interventional Neuroradiology, Cerebrovascular Surgery and Neurocritical Care at Thomas Jefferson University in Philadelphia. He completed his Neurosurgical residency at Upstate Medical University. He received his PhD in Neuroscience from the University of Rochester and his medical degree from Aga Khan University, Pakistan. Recent Insider Transactions • Nov 19
Insider recently bought €88k worth of stock On the 17th of November, Gary Roubin bought around 26k shares on-market at roughly €3.41 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €168k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 10
Third quarter 2021 earnings released: US$0.53 loss per share (vs US$0.96 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$1.07m (up 9.3% from 3Q 2020). Net loss: US$4.07m (loss widened 82% from 3Q 2020). Recent Insider Transactions • Aug 28
Insider recently bought €79k worth of stock On the 25th of August, Gary Roubin bought around 22k shares on-market at roughly €3.57 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 11
Second quarter 2021 earnings released: US$0.46 loss per share (vs US$2.93 loss in 2Q 2020) Second quarter 2021 results: Net loss: US$3.51m (loss widened 41% from 2Q 2020). Announcement • Jul 25
InspireMD Enrolls and Treats First Patients at Ballad Health System in U.S. Registration C-Guardian Clinical Trial of CGuard EPS InspireMD, Inc. announced the initiation of enrollment and successful completion of the first cases of the Company’s U.S. registration C-Guardian trial of CGuard EPS. The first patients, who were under the care of principal investigator, Chris Metzger, M.D., system chair of clinical research at Ballad Health System in Eastern Tennessee, were successfully implanted with the CGuard EPS stent device. These are the first of 315 patients who are expected to be enrolled in the trial and treated with CGuard EPS in the treatment of carotid artery stenosis in symptomatic and asymptomatic patients undergoing carotid artery stenting. Reported Earnings • May 12
First quarter 2021 earnings released: US$0.53 loss per share (vs US$6.42 loss in 1Q 2020) First quarter 2021 results: Net loss: US$3.24m (loss widened 64% from 1Q 2020). Reported Earnings • Mar 10
Full year 2020 earnings released: US$0.47 loss per share (vs US$4.80 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$2.49m (down 33% from FY 2019). Net loss: US$10.5m (loss widened 5.0% from FY 2019). Over the last 3 years on average, earnings per share has increased by 165% per year but the company’s share price has fallen by 82% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue misses expectations Revenue missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 137%, compared to a 13% growth forecast for the Medical Equipment industry in Germany. Announcement • Mar 03
InspireMD, Inc. to Report Q4, 2020 Results on Mar 09, 2021 InspireMD, Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 09, 2021 Announcement • Feb 25
InspireMD, Inc. Engages Hart Clinical Consultants to Conduct Clinical Trial for Cguard Carotid Stent System in the United States InspireMD, Inc. announced that it has engaged Hart Clinical Consultants (HCC), a leading Contract Research Organization (CRO) to conduct the clinical trial for its CGuard Carotid Stent System in the United States. The CGuard® Embolic Protection System is an advanced platform solution designed to deliver the flexibility of the traditional open-cell stent with advanced protection from peri-procedural and post-procedural embolic events caused by plaque prolapse through the stent strut that can lead to stroke. CGuard’s unique MicroNet® technology mitigates the prolapse and associated embolization and has shown superior clinical outcomes for patients against alternative carotid stent types, conventional and next-generation double-layer stents, as well as invasive procedures such as endarterectomy, a major surgical procedure. InspireMD’s CGuard™ has created a new dimension in the protected treatment of carotid artery disease and has the potential to establish a new standard of care for the management of carotid artery disease and stroke prevention. Announcement • Feb 10
InspireMD, Inc. Appoints Chris Metzger as Principal Investigator for CGuard Registration Trial in the United States InspireMD, Inc. announced the appointment of Chris Metzger, M.D., system chair of clinical research at Ballad Health System in Eastern Tennessee as the principal investigator for its planned FDA registration trial for CGuard EPS. Dr. Metzger currently serves as medical director of the Interventional and Diagnostic Catheterization Labs at Holston Valley Medical Center and medical director of clinical research at Ballard Health Systems, both located in Eastern Tennessee and Southwestern Virginia. Dr. Metzger currently serves as medical director of the Interventional and Diagnostic Catheterization Labs at Holston Valley Medical Center and medical director of clinical research at Ballard Health Systems, both located in Eastern Tennessee and Southwestern Virginia. Is New 90 Day High Low • Feb 10
New 90-day high: €0.88 The company is up 202% from its price of €0.29 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 24% over the same period. Announcement • Feb 05
InspireMD, Inc. has completed a Composite Units Offering in the amount of $18 million. InspireMD, Inc. has completed a Composite Units Offering in the amount of $18 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 29,032,258
Price\Range: $0.62
Discount Per Security: $0.0434 Announcement • Feb 04
InspireMD, Inc. Secures Partner for Intended Registration and Distribution of CGuard EPS in Mainland China InspireMD, Inc. announced a transaction intended to achieve distribution of CGuard EPS in mainland China. InspireMD’s agreement with three China-based investment partners, including Shanghai Micro Medical (SMM) and QIDI Asia Medical, stipulates that the Chinese partners will be responsible for conducting all necessary registration trials for commercial approval, followed by an eight-year exclusive distribution right in China. In addition, QIDI has agreed to make a $900,000 investment in InspireMD’s common stock at the closing price on the day immediately prior to entering into the transaction in a private placement. The transactions are expected to close this month. Following announcement of the transaction the Chinese partners plan to initiate the process of securing registration with Chinese regulatory authorities to establish distribution. Is New 90 Day High Low • Jan 22
New 90-day high: €0.64 The company is up 102% from its price of €0.31 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: €0.50 The company is up 82% from its price of €0.27 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 11% over the same period. Analyst Estimate Surprise Post Earnings • Nov 10
Revenue beats expectations Revenue exceeded analyst estimates by 145%. Over the next year, revenue is forecast to grow 57%, compared to a 12% growth forecast for the Medical Equipment industry in Germany. Reported Earnings • Nov 10
Third quarter 2020 earnings released: US$0.064 loss per share The company reported a soft third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: US$980.0k (up 4.4% from 3Q 2019). Net loss: US$2.23m (loss widened 7.9% from 3Q 2019). Announcement • Nov 04
Inspiremd, Inc. Appoints Andrea Tommasoli Senior Vice President of Global Sales and Marketing InspireMD, Inc. announces the appointment of Andrea Tommasoli as senior vice president of global sales and marketing. Mr. Tommasoli has more than 20 years of experience in commercializing innovative medical technology solutions that improve and advance standards of care. He has served in commercial leadership positions at Integra Life Sciences and St. Jude Medical-Abbott. Most recently in his role as senior director of indirect markets at Integra, he led the commercial expansion and integration of Codman’s acquired portfolio in all OUS. indirect countries. Announcement • Nov 03
InspireMD, Inc. to Report Q3, 2020 Results on Nov 09, 2020 InspireMD, Inc. announced that they will report Q3, 2020 results at 9:00 AM, Israel Standard Time on Nov 09, 2020 Announcement • Oct 20
InspireMD, Inc. announced that it has received $0.1 million in funding InspireMD, Inc. (AMEX:NSPR) announced a private placement of 222,223 units at a price of $0.45 per unit for gross proceeds of $100,000.35 on October 19, 2020. Each unit consists of one common share and one warrant to purchase one share of common share with an exercise price of $0.495. The transaction included participation from individual investor Gary S. Roubin Announcement • Oct 14
InspireMD Announces Gary S. Roubin, M.D., Ph.D., to Join Board of Directors InspireMD, Inc. announced the addition of Gary Roubin, M.D., Ph.D., to InspireMD’s Board of Directors. Dr. Gary Roubin is an internationally renowned interventional cardiologist recognized for his pioneering work in carotid stenting and embolic and protection devices. He is also acknowledged for the development of coronary stenting and the first FDA-approved coronary stent. During his tenure as Chief of Interventional Cardiology at The University of Alabama at Birmingham and later as Department Chairman and Chief of Service of the Lenox Hill Hospital Cardiac and Vascular program in New York, he helped bring both programs to international standing in peripheral, neurovascular, and cardiac interventions. Dr. Roubin’s vast clinical experience has enabled him to recognize technical innovations that improve patient outcomes. He has been central to the success of several biotech startup businesses and is the named inventor on 10 issued U.S. and EU patents and 41 additional patent applications worldwide. Announcement • Oct 07
InspireMD, Inc. Appoints Patrick Jamnik as Vice President of Business Development and Strategic Initiatives InspireMD, Inc. announced the appointment of Patrick Jamnik as vice president, business development and strategic initiatives. In this newly created position, Mr. Jamnik will oversee the Company’s business development activities and play a key role in advancing its short and long-term strategic goals, with much of his focus being the U.S. market. Mr. Jamnik brings with him more than 15 years of global market development experience in broad-based roles with both large and emerging medical technology companies. Prior to joining InspireMD, he served in a commercial leadership role for Stryker Corp. Before that, he served as director of global marketing at Stanmore Implants Worldwide and played a central role in establishing its U.S. business, contributing to its eventual acquisition by Stryker. Announcement • Sep 26
InspireMD, Inc. to Report Q3, 2019 Results on Nov 12, 2019 InspireMD, Inc. announced that they will report Q3, 2019 results at 8:30 AM, US Eastern Standard Time on Nov 12, 2019 Is New 90 Day High Low • Sep 23
New 90-day low: €0.28 The company is down 35% from its price of €0.43 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Medical Equipment industry, which is down 1.0% over the same period. Announcement • Sep 21
InspireMD, Inc.(AMEX:NSPR) dropped from S&P TMI Index InspireMD, Inc.(AMEX:NSPR) dropped from S&P TMI Index Announcement • Aug 11
InspireMD Regains Compliance with NYSE Listing Standards InspireMD, Inc. (AMEX:NSPR), on August 10, 2020, announced that as of August 7, 2020, the Company has regained compliance with the NYSE American’s continued listing standards. As previously disclosed, on August 14, 2019, the Company received a Deficiency Letter from the NYSE American stating that InspireMD was not in compliance with certain NYSE American continued listing standards relating to stockholders’ equity. Specifically, InspireMD was not in compliance with Part 10, Section 1003(a)(iii) of the NYSE American Company Guide, due to the fact the Company had reported stockholders’ equity of less than $6 million as of June 30, 2019 and had net losses in its five most recent fiscal years ended December 31, 2018. Following the recently announced funding transaction in which the Company raised net proceeds after offering expenses of approximately $10.7 million, the Company has successfully solved the non-compliance issue. Announcement • Jul 31
InspireMD, Inc. to Report Q2, 2020 Results on Aug 05, 2020 InspireMD, Inc. announced that they will report Q2, 2020 results at 8:00 AM, US Eastern Standard Time on Aug 05, 2020 