Inspira Technologies up on equipment manufacturing agreement

Qtrex Quantum

28/12/2022 17:00

** U.S.-listed shares of Israel-based medical device maker
Inspira Technologies Oxy B.H.N Ltd  IINN.O  up 10.7% at $1.4
    ** IINN said late on Tuesday it signed an exclusive
equipment manufacturing agreement with a division of medical
device co Terumo Corp  4543.T 
    ** Agreement provides manufacturing of a flow mechanism to
be integrated into IINN's products for use in the extracorporeal
circulation (ECC) of the blood 
    ** ECC allows the oxygenation and pumping of circulating
blood during the middle phase of a cardiac surgery 
    ** The deal may also cover IINN's device that helps reduce
invasive mechanical ventilation in patients - co
    ** Including session's gain, IINN stock down 67.8% YTD
 (Reporting by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))