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InspireMD Inc
InspireMD makes medical devices called C-Guard stents that are tiny mesh tubes. Doctors use these during procedures to prop open arteries in the neck and prevent strokes. The company makes money by selling these devices to hospitals and medical centers that perform these vascular surgeries.
InspireMD operates in the medical device industry, specifically making products for vascular procedures. This sector is heavily regulated by government agencies like the FDA, which must approve new devices before they can be sold. Companies in this space also need to convince insurance companies to pay for their products, which affects how quickly hospitals will buy them.
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