The intel hex file probably looks something like this:
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:04000000D9EF21F023
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:08000800046ED8CF05F0E0CF33
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:1000100006F00001E9CF0CF0EACF07F0E1CF08F0DD
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:10002000E2CF09F0D9CF0AF0DACF0BF0F3CF12F01C
-
...
-
...
-
You can look up the format of the intel hex file(
http://en.wikipedia.org/wiki/Intel_HEX) and figure out what (if anything) you have to do to make a plain sequencial binary file.
Not sure why you would want to though, wouldn't do you any good I wouldn't think.
The bulk of the hex file is just dictating what areas of memory have what values on a block device. You would need an emulator of some sort to run it.