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18 Dec 2018 | 07:54

Inspiration Healthcare signs licensing agreement with US-based university for respiratory device

Inspiration Healthcare Group on Tuesday signed an exclusive agreement with a major US based university for the worldwide rights to develop and commercialise a patented respiratory device designed for use in neonatal intensive care.

The device, which has been used in early stage research studies, was expected to be developed over the next 12 months, the company said.

It could be submitted for CE marking and FDA approval during the course of next year and would, in time, join Inspiration's other products designed to improve patients' outcomes in the field of neonatal intensive care, the company added.

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