Inspira Technologies Selects GlobalLogic for Software Development of its Early Extracorporeal Respiratory Support System that Functions as an "Artificial Lung"
GlobalLogic Inc., a Hitachi Group Company and leader in Digital Engineering, today announced that it has been selected by Inspira Technologies to develop an algorithm-enhanced digital platform powering the ART device — an Early Extracorporeal Respiratory Support system targeting respiratory failure patients such as those diagnosed with COVID-19. The project underscores GlobalLogic’s deep expertise in Class II and Class III software creation for medical devices that must meet strict regulatory requirements.
Inspira Technologies created the ART, a novel low-flow early extracorporeal approach to address the significant patient population whose condition continues to deteriorate following noninvasive ventilation. As of today, the only treatment available for them after noninvasive ventilation is the highly invasive mechanical ventilation. The ART device utilizes a hemo-protective flow approach designed to rebalance oxygen saturation levels while patients are awake and breathing spontaneously, potentially minimizing the need for mechanical ventilation. The ART is designed to enrich ~200cc of blood at any given point, elevating the oxygen saturation levels in one minute.
GlobalLogic will support Inspira in the development of the ART control platform’s algorithms responsible for monitoring and managing the early rebalancing of the patient’s oxygen saturation levels. These algorithms will also activate and control proprietary technologies and data collected from advanced sensors that measure oxygen saturation, blood temperature, hemoglobin, and hematocrit levels as well as blood pressure and flow. Inspira Technologies notes that the ART could potentially minimize the need for mechanical ventilators for hypoxemic patients, such as COVID patients. Additionally, GlobalLogic will be leading the verification testing of these systems.
“Software plays an increasingly more crucial role in driving the overall efficacy of medical devices today. It also enhances the patient engagement with and medical staff’s use of such technologies,” said Shashank Samant, President & CEO, GlobalLogic. “For nearly twenty years, we’ve worked with world-renowned medical device manufacturers as well as start-ups in today’s MedTech innovation hotspots. We’re honored to have the opportunity to play such a pivotal role in bringing to market another disruptive technology, the ART. Particularly at such a critical time when there is a dire need for advanced treatment options.”
GlobalLogic possesses deep competencies centered around key medical device capabilities: device performance; data collection and analysis; and intuitive medical personnel and patient experiences. Specific to the ART, GlobalLogic’s engineering contributions will help Inspira Technologies produce a digitally enhanced artificial lung while empowering medical staff with vital patient stats needed to easily monitor progress and effectiveness.
“It was imperative that we find a partner with both specialized MedTech capabilities and the scale needed to meet our design objectives as we are committed to bring to market a much-needed technology — filling a critical gap in today’s medical treatment options for respiratory failure patients who continue to deteriorate after treatment with noninvasive ventilation devices. Our decision to partner with GlobalLogic was driven by its proven ability in the medical device landscape and the capacity to meet aggressive time-to-market requirements with reliable solutions,” explained Dagi Ben-Noon, CEO, Inspira Technologies.
ART is currently in development with anticipated regulatory submission of its ART ECLS at the end of 2022.
GlobalLogic (www.globallogic.com) is a leader in digital product engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise — we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the healthcare and life sciences, communications, financial services, automotive, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic is a Hitachi Group Company.
Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical device company in the respiratory care industry. Inspira is developing the ART device, a cost effective early extracorporeal respiratory support system with an intent to function as an “Artificial Lung” for deteriorating respiratory patients. The ART device designed to utilize a hemo-protective flow approach aimed to rebalance saturation levels while patients are awake and breathing, potentially minimizing the patient’s need for mechanical ventilation. The Company’s product has not yet been tested or used in humans and has not been approved by the U.S. Food and Drug Administration (FDA). For more information, please visit our corporate website: https://inspira-technologies.com/.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
GlobalLogic, Inc. (Global)
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Vodafone Connects Its Customers With Thales’ Eco-SIM Card21.10.2021 08:00:00 CEST | Press release
Thales to supply Vodafone Group with Eco-SIM; a product whose card body is made out of 100% recycled plastic from refrigerator interiors. Vodafone initially plans to deploy Eco-SIM in ten countries1 in Europe and Africa. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211020006111/en/ Credit Vodafone Over 4.5 billion SIM cards are produced every year2, representing 20,000 tons of plastic – the equivalent weight of two Eiffel towers. Developed in partnership with Veolia, the global leader in ecological transformation, the Thales Eco-SIM was launched in 2020 and is made from 100% recycled polystyrene recovered from discarded refrigerators. Offering a second life to the refrigerator interiors, Thales enabled an independent and exclusive green plastic supply flow to Vodafone. Thales’ carbon offsetting program also ensures its innovative ‘green SIM’ is certified as carbon neutral3. As a result, the new contract will support Vodafo
Gaïa Rating - New Award for ESI Group's ESG Commitment21.10.2021 08:00:00 CEST | Press release
Regulatory News: Gaïa Research, a service of EthiFinance and a major player in the field of ESG rating (environment, social and governance) of French mid-sized listed companies, has awarded ESI Group (Paris:ESI), a global player in virtual prototyping, committed to a cleaner, safer, and more productive industry, the first Gaïa 2021 prize in the category of mid-cap companies with annual revenues under €150 million. This award received during the ceremony held on October 19th, 2021 in Paris, illustrates the efforts made by the Group to continuously improve its CSR commitments (social, societal, and environmental). 2021 was shaped by several significant actions for ESI Group, both within its governance, its environmental commitments, some in collaboration with Reforest'Action, and above all, with initiatives dedicated to its employees. Particularly shaken by the Covid-19 health crisis, the work-life balance was a field of action for ESI Group, which employs 1,200 people in about 20 countr
Boyd Corporation Acquires Siltec, Continues to Expand Global Material Science Portfolio21.10.2021 08:00:00 CEST | Press release
Boyd Corporation, a world-leading innovator of technologies in engineered materials and thermal management, today announced the acquisition of Siltec, a Weiler, Germany-based specialist in silicone compounding for custom products in the highly-regulated medical industry. The acquisition deepens and diversifies Boyd’s material science portfolio and further expands its European footprint. “Siltec’s dedicated team of scientists and technologists enhance Boyd competencies in silicone material science and the medical industry. We’ll leverage this expertise to accelerate innovation across Boyd’s material portfolio and adjacent high growth markets like industrial technology, eMobility and cloud data center where customers need high temperature resistant and durable solutions,” stated Boyd CEO Doug Britt. Boyd continues to invest in value-driven innovation and technology to create marketable differentiation for its customers. The addition of silicone compounding expertise further bolsters Boyd
ADVA manages supply constraints and grows revenues and profitability in Q3 202121.10.2021 07:00:00 CEST | Press release
ADVA (ISIN: DE0005103006, FSE: ADV), a leading provider of open networking solutions for the delivery of cloud and mobile services, reported its financial results for Q3 2021 ended on September 30, 2021. The results have been prepared in accordance with International Financial Reporting Standards (IFRS). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211020005879/en/ Brian Protiva, CEO, ADVA (Photo: Business Wire) Q3 2021 financial summary1 (in thousands of EUR) Q3 Q3 Change Q2 Change 2021 2020 2021 Revenues 151,777 146,676 3.5% 149,354 1.6% Pro forma gross profit 52,153 51,930 0.4% 57,274 -8.9% in % of revenues 34.4% 35.4% -1.0pp 38.3% -3.9pp Pro forma operating income 13,012 11,053 17.7% 14,415 -9.7% in % of revenues 8.6% 7.5% 1.1pp 9.7% -1.1pp Operating income (loss)2 9,496 9,768 -2.8% 13,036 -27.2% Net income 18,478 6,671 177.0% 12,001 54.0% (in thousands of EUR) Sep. 30 2021 Sep. 30 2020 Change Jun. 30 2021 Change Cash
Tigo Energy to Showcase Solutions for Roof Space Usage, Monitoring, and Safety at Key Energy21.10.2021 07:00:00 CEST | Press release
Tigo Energy, Inc., the solar industry’s worldwide leader in Flex Module Level Power Electronics (MLPE), today announced the Company’s presence as an exhibitor at the upcoming Key Energy in Rimini, Italy. Tigo representatives will showcase all of its TS4 Flex MLPE devices, including the recently released TS4-A-O, compatible with all PV modules up to 700Wp, and the Tigo Energy Intelligence (EI) software platform. Together, these products are the most cost-effective and advanced solution for optimization and module-level monitoring for small to large-scale solar projects. “Key Energy is a big event for us and we are excited to once again meet with our customers in person, especially right on the heels of releasing the restyled layout for residential and storage applications in our new EI software platform,” said Mirko Bindi, Vice President EMEA Sales and MD Europe at Tigo Energy. “Moreover, our new TS4-A-O, with a 700Wp max power rating, covers all the modules currently available in the m
ABB: Q3 2021 Results21.10.2021 06:53:00 CEST | Press release
ABB (SWX:ABBN): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211020006194/en/ KEY FIGURES CHANGE CHANGE ($ millions, unless otherwise indicated) Q3 2021 Q3 2020 US$ Comparable1 9M 2021 9M 2020 US$ Comparable1 Orders 7,866 6,109 29% 26% 23,611 19,509 21% 16% Revenues 7,028 6,582 7% 4% 21,378 18,952 13% 8% Gross Profit 2,294 1,834 25% 7,070 5,731 23% as % of revenues 32.6% 27.9% +4.7 pts 33.1% 30.2% +2.9 pts Income from operations 852 71 n.a. 2,743 1,015 170% Operational EBITA1 1,062 787 35% 32% 3 3,134 2,074 51% 43% 3 as % of operational revenues1 15.1% 12.0% +3.1 pts 14.6% 10.9% +3.7 pts Income (loss) from continuing operations, net of tax 687 (503) n.a. 2,027 218 830% Net income attributable to ABB 652 4,530 -86% 1,906 5,225 -64% Basic earnings per share ($) 0.33 2.14 -85%2 0.95 2.45 -61%2 Cash flow from operating activities4 1,104 408 171% 2,310 511 352% Cash flow from operating activities in continuing operations 1,119
China is Flying High Again: Cirium Survey Shows Remarkable Consumer Confidence for a Travel Restart21.10.2021 04:00:00 CEST | Press release
Chinese travelers are leading the airline travel recovery, with 96% intending to travel, according to a new survey by Cirium, the aviation analytics company. 81% of respondents say they plan to fly at least once within the next 12 months and 50% plan to fly by this autumn. Of those planning to travel, 73% stated it was for leisure with only 24% planning business travel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211020005941/en/ Cirium's new Traveler Intelligence Report reveals China is flying high again. (Graphic: Business Wire) The pent-up demand is also reflected in China’s passenger traffic, which is showing signs of a strong recovery. As of September 2021, China traffic was at 87% of 2019 levels — way ahead the rest of Asia (42%). The survey revealed that two thirds (66%) of Chinese travelers have taken a domestic flight since the start of the pandemic. Cirium schedules data reveal domestic travel in Q4 is primed to