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IceCure Medical Announces Appointment of Merav Nir Dotan to Vice President Human Resources

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IceCure Medical Ltd (NASDAQ: ICCM) announced the appointment of Merav Nir Dotan as Vice President of Human Resources, enhancing its commitment to growth in human capital. With over 20 years of HR experience, Nir Dotan is set to support IceCure's global expansion of the ProSense® System, which provides a minimally invasive cancer treatment. The company aims to boost its R&D and clinical divisions as it seeks regulatory approvals in key markets, including the United States and China.

Positive
  • Appointment of Merav Nir Dotan as VP of Human Resources to strengthen human capital.
  • Focus on expanding ProSense System's availability in major markets.
  • Planned growth in R&D and clinical divisions.
Negative
  • Potential risk in regulatory pathway for ProSense System in the US, China, and Japan.

CAESAREA, Israel, Nov. 29, 2021 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) (TASE: ICCM) ("IceCure" or the "Company"), developer of minimally-invasive cryoablation technology, the ProSense® System, that destroys tumors by freezing as an alternative to surgical tumor removal, today announced the appointment of Mrs. Merav Nir Dotan to the new position of Vice President, Human Resources. Mrs. Nir Dotan has over two decades of experience in human resources and organizational management.

"As the company continues to evolve, we believe investing in our Human Resources function commensurate with an investment in human capital so Mrs. Nir Dotan's appointment is key," stated Eyal Shamir, Chief Executive Officer of IceCure. "This is especially true as we expand the availability of ProSense globally. Additionally, we are building out our Research & Development and Clinical divisions as we create the next-generation cryoablation systems with single-probe and multi-probe systems. We look forward to growing our talent base in these areas to help meet our development goals." 

Mrs. Nir Dotan was previously Vice President of Human Resources at Hanita Lenses, a medical device manufacturer and provider of intraocular lens solutions for cataract surgery, and previously served in roles handling recruitment and marketing. Mrs. Nir Dotan's expertise is in organizational change and management as well as recruitment. Mrs. Nir Dotan has a Master of Science in Organizational Behavior from Tel Aviv University and received her undergraduate degree in Human Resources from Ben-Gurion University of the Negev.

Mrs. Nir Dotan commented: "I am very enthusiastic to be able to join IceCure at a time when we've seen expansion of our cryoablation therapy system globally. This is an important inflection point for the company as we work towards establishing a regulatory path to make the ProSense System available in other major markets, such as the United States, China, and Japan as a minimally invasive treatment to early-stage breast cancer patients. I look forward to supporting existing and new employees so that we may meet the significant market demand that we've seen for a minimally-invasive, safe and effective alternative to surgical tumor removal."

About IceCure Medical

Founded in 2006, Israel-based IceCure Medical (NASDAQ: ICCM) (TASE: ICCM) develops and markets ProSense®, an advanced liquid-nitrogen-based cryoablation therapy for the treatment of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally-invasive technology is a safe and effective alternative to hospital surgical tumor removal that is easily performed in a relatively short procedure. The system is marketed and sold worldwide for the indications approved to-date by FDA and the European CE Mark.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statement in this press release when it discusses the expansion of the Company's research and development and clinical divisions, the development of the Company's regulatory path to make its ProSense System available in the United States, China, and Japan and growing its talent base to help meet the Company's development goals. Because such statements deal with future events and are based on IceCure's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of IceCure could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Registration Statement on Form F-1 (as amended, the "Form F-1"). Copies of the Form F-1 are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

IR Contact:
Chuck Padala
LifeSci Advisors 
o: +1-646-627-8390 / c: +1-917-741-7792
email: chuck@lifesciadvisors.com

Cision View original content:https://www.prnewswire.com/news-releases/icecure-medical-announces-appointment-of-merav-nir-dotan-to-vice-president-human-resources-301433093.html

SOURCE IceCure Medical

FAQ

What is the significance of Merav Nir Dotan's appointment at IceCure Medical?

Merav Nir Dotan's appointment as VP of Human Resources is significant as it aims to enhance the company's human capital to support its growth and global expansion.

What is IceCure Medical's ProSense System?

The ProSense System is a minimally invasive cryoablation technology used to treat tumors by freezing, serving as an alternative to surgical tumor removal.

What are IceCure Medical's goals with the ProSense System?

IceCure aims to establish a regulatory path to make the ProSense System available in major markets like the United States, China, and Japan.

What areas of development is IceCure Medical focusing on?

IceCure Medical is focusing on expanding its research and development and clinical divisions as it evolves.

What experience does Merav Nir Dotan bring to IceCure Medical?

Merav Nir Dotan has over 20 years of experience in human resources and organizational management, previously serving as VP of HR at Hanita Lenses.

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