InspireMD Inc (NYSEAMERICAN:NSPR) Updates On PARADIGM 101 Clinical Study

InspireMD Inc (NYSEAMERICAN:NSPR) reported the preliminary 24-month follow-up data in the PARADIGM-101 clinical trial using CGuard™ EPS. PARADIGM-101 marks as an investigator-led clinical trial assessing the application of CGuard™ EPS in 101 successive all-comer subjects with high-risk asymptomatic or symptomatic carotid artery stenosis. The report showcased illustrate that no postprocedural or periprocedural intervention related major stroke, myocardial infarction or death had occurred in the trial subjects at 24-month follow-up.

The data

This excellent report in PARADIGM-101 is steady with the other CGuard™ EPS studies, including CARENET, WISSGOTT Study, CASANA Study and IRON-GUARD. The PARADIGM trial long-term preliminary data further validate the sustained advantages of CGuard™ out to 2 years and make it a prospective permanent therapeutic protection alternative for all-comer subject with carotid artery disease.

James Barry, PhD, the CEO of InspireMD, expressed that they are thrilled to see Professor Musialek’s report presented on the long-term follow-up results from the PARADIGM trial, which exhibits the longest identified clinical follow-up with similar carotid devices so far. This is merely another piece of data that remains to reinforce the prospective advantages of CGuard EPS. The 24-month follow-up report from this study simply validates the sustained long term gains CGuard could offer to people with carotid artery disease.

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In the last trading session, the stock price of InspireMD declined more than 2% to close the day at $0.16.

Abbott Michael

Abbott Michael

Michael joined US Markets Daily in 2009 and is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments.