# Inspira Technologies signs $32.6M distribution deal with Glo-Med for Gulf states

Inspira Technologies signed a strategic distribution agreement with Glo-Med Networks to deploy 531 INSPIRA ART devices in Saudi Arabia, UAE, and Bahrain, potentially generating $32.6 million over five years, subject to regulatory approvals.

- Type: Contract
- Announced: 2024-01-30
- Where: Saudi Arabia, UAE, Bahrain, Saudi Arabia
- Value: $32.6M
- Status: announced
- Products: INSPIRA ART life support devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Inspira Technologies OXY B.H.N. Ltd.](https://endata.com/companies/58705.md)
- [Glo-Med Networks, Inc.](https://endata.com/companies/75319.md) (partner)

## Sources

- [biopharmawatch.com](https://www.biopharmawatch.com/news/QTEX/inspira-technologies-signs-strategic-agreement-to-enter-gulf-states-with-glo-med-for-deplo-qtex-20240130), 2024-01-30: "The agreement to potentially provide Inspira Technologies with $32.6 million over a 5-year period"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.