TEL AVIV, ISRAEL–(Marketwired – June 05, 2017) – InspireMD, Inc. (NYSE MKT: NSPR) (NYSE MKT: NSPR.WS) (“InspireMD” or the “Company”), a leader in embolic prevention systems (EPS) / thrombus management technologies and neurovascular devices, today announced it has signed an agreement with Arteriae Sp. z o.o. sp.k, a leading medical distributor in Poland, to distribute CGuard™ EPS (Embolic Prevention System).
Agustin Gago, EVP and Chief Commercial Officer of InspireMD, commented, “We are delighted to partner with Arteriae, a leading device distributor in Poland. The agreement includes minimum required purchases, reinforcing Arteriae’s confidence in our device. Arteriae brings strong relationships with the top key opinion leaders and physicians across all relevant clinical specialties and plans to expand its sales force to focus on CGuard™ EPS. Importantly, this agreement further illustrates our success in expanding our direct distribution model in markets previously covered by our former distributor.”
Mrs. Joanna Niedzielska, CEO of Arteriae, noted, “We look forward to aggressively launching CGuard™ in Poland. Given the important safety advantages of CGuard™ that have been demonstrated to date, our near-term goal is to capture a significant share of the Polish market and we believe this device will soon become standard of care.”
About InspireMD, Inc.
InspireMD seeks to utilize its proprietary MicroNet™ technology to make its products the industry standard for embolic protection and to provide a superior solution to the key clinical issues of current stenting in patients with a high risk of distal embolization, no reflow and major adverse cardiac events.
InspireMD intends to pursue applications of this MicroNet technology in coronary, carotid (CGuard™), neurovascular, and peripheral artery procedures. InspireMD’s common stock is quoted on the NYSE MKT under the ticker symbol NSPR and certain warrants are quoted on the NYSE MKT under the ticker symbol NSPR.WS.
