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Icecure Medical Ltd. - ICCM STOCK NEWS

Welcome to our dedicated page for Icecure Medical Ltd. news (Ticker: ICCM), a resource for investors and traders seeking the latest updates and insights on Icecure Medical Ltd. stock.

Overview of IceCure Medical Ltd.

IceCure Medical Ltd (ICCM) is a commercial-stage medical device company specializing in liquid nitrogen-based cryoablation systems. The company develops and markets minimally invasive technologies designed to destroy tumors through cryoablation, offering a viable alternative to traditional surgical tumor removal. By harnessing the power of liquid nitrogen, IceCure's systems create large lethal zones within tumors, providing a safe and efficient method for treating a variety of conditions including breast, kidney, bone, and lung cancers. This technology is proving essential in the shift toward less invasive medical treatments, marking significant advancements in the field of oncology.

Core Business and Technology

The primary focus of IceCure is on research, development, and commercialization of cryoablation therapy systems. Their flagship product leverages advanced cryogenic engineering to deliver precise ablation of both benign and malignant tumors. Using state-of-the-art cryoprobes and proprietary liquid nitrogen systems, IceCure offers a minimally invasive alternative that reduces surgical risks, shortens recovery times, and minimizes patient discomfort compared to conventional surgical methods. This robust technological foundation is supported by a significant portfolio of patents and continued innovation, underscoring the company’s commitment to remaining at the forefront of cryosurgical treatments.

Market Position and Industry Significance

Within the medical device market, IceCure occupies a unique niche by focusing exclusively on cryoablation. The company’s solutions are positioned as important tools for solid tumor treatments in multiple clinical settings, including hospitals and office-based procedures. With a strong emphasis on clinical research, IceCure’s technologies have been validated through extensive studies and trials, further enhancing their credibility among medical professionals. The company’s achievements, such as receiving key regulatory approvals and positive evaluations from expert panels, also contribute to its recognized position within the competitive landscape of minimally invasive surgery technologies.

Clinical Evidence and Research

IceCure’s commitment to rigorous clinical validation is evident in its comprehensive body of research. Multiple studies and clinical trials have demonstrated that cryoablation using IceCure’s systems achieves outcomes comparable to standard surgical interventions but with significantly lower rates of complications and shorter recovery periods. The company’s approach has garnered attention at major medical conferences, and independent studies consistently highlight the efficacy and safety of their methodology. This research-based approach not only drives clinical adoption but also reinforces the trustworthiness and expertise of IceCure’s technology in the field of oncologic treatment.

Innovation and Regulatory Milestones

Innovation is a core driver for IceCure, which continually refines its technology and expands its intellectual property portfolio. With multiple patents already granted and more under review, the company remains dedicated to advancing its cryoablation systems to meet an expanding range of clinical needs. Strategic regulatory approvals across key global markets such as the U.S., Europe, China, and others attest to the quality and reliability of its products. These achievements reflect IceCure’s commitment to improving patient outcomes and strengthening its market presence in the competitive field of medical devices.

Application and Patient Benefits

IceCure’s cryoablation systems are distinguished by their ability to provide effective tumor destruction with minimal patient discomfort. The technology not only reduces the pain and risks associated with conventional surgery but also facilitates faster recovery times, allowing patients to resume their normal lives more quickly. By offering an office-based, easy-to-perform procedure, IceCure is expanding access to advanced treatment options and paving the way for broader acceptance of minimally invasive therapies in oncologic care.

Conclusion

IceCure Medical Ltd stands as a notable innovator in the field of cryoablation therapy. With a deep commitment to clinical research, technological innovation, and regulatory excellence, the company provides a compelling alternative to traditional surgery for tumor management. Its focused approach and comprehensive product portfolio underscore its significance in the broader context of minimally invasive medical treatments, cementing its role as a trusted entity among healthcare professionals and stakeholders worldwide.

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IceCure Medical Ltd. (Nasdaq: ICCM) announced the publication of a study demonstrating the potential anti-cancer benefits of its ProSense® System, a minimally-invasive cryoablation technology. The study conducted at Case Western Reserve University School of Medicine shows that cryoablation using ProSense® can activate the body's natural immune response by enhancing CD8+ T cells, potentially leading to a more robust immune response against abnormal cells. This development opens up possibilities for increased therapeutic benefits of cryoablation against solid tumors beyond tumor destruction.
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IceCure Medical Ltd. (Nasdaq: ICCM) announced the publication of an independent study in the Annals of Surgical Oncology, stating that cryoablation is an oncologically safe and feasible minimally invasive procedure option for patients with early-stage, low-risk breast cancer. The study suggests that cryoablation is a superior alternative to surgical resection in terms of financial implications. The study was conducted at the Breast Center of Excellence and the Department of Surgery, School of Medicine at Texas Tech University Health Sciences Center.
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IceCure Medical Ltd. (NASDAQ: ICCM) has received approval from the Central Drugs Standard Control Organization in India for its ProSense® System, a minimally-invasive cryoablation technology for destroying tumors. The system is already marketed and sold in India, with the first breast cancer cryoablation procedure conducted in June 2023. IceCure aims to capitalize on the potential for significant market growth in India and maintain regulatory approvals worldwide.
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IceCure Medical Ltd. (Nasdaq: ICCM) announced the latest release of a study demonstrating the safety and efficacy of the ProSense® System in treating malignant small renal masses. The study offers significant advantages in re-treating initially resistant tumors, achieving a subsequent local control rate of 100%. 92.4% of patients were discharged the day after cyroablation, and the technology's ability to preserve renal function post-treatment is paramount for patients' quality of life. The findings serve as a guide for medical professionals in choosing efficient, cost-effective, and patient-friendly treatment options, benefiting society at large by optimizing kidney tumor management. Success across multiple indications supports ProSense®'s commercialization, particularly in facilities that can use one device across multiple specialties.
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IceCure Medical Ltd. (Nasdaq: ICCM) reported an 11% increase in ProSense® systems and disposable probes sales to $1.7 million for the nine months ended September 30, 2023. The company's expanding regulatory footprint, growing body of evidence-based data, and distribution agreements demonstrate an increasing acceptance of minimally invasive alternatives to standard of care cancer treatment. Despite the denial of the De Novo request by the U.S. FDA for regulatory approval of ProSense® for early-stage breast cancer patients, the company filed an appeal with the FDA. The ICE3 trial is expected to be completed in the first quarter of 2024, and the company is generating substantial additional data from 19 ongoing studies.
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IceCure Medical Ltd. (Nasdaq: ICCM) has filed an appeal with the U.S. FDA regarding the denial of its De Novo Classification Request for treating early-stage, low-risk breast cancer patients with its ProSense® System. The appeal aims to address the FDA's choice of comparator group and finalize the classification of ProSense®. The ICE3 study, estimating a 95.7% recurrence-free rate and 100% satisfaction with cosmetic results, is expected to be completed in Q1 2024.
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IceCure Medical Ltd. (Nasdaq: ICCM) announced the release of its financial and operational results for the nine months ended September 30, 2023. The company will discuss these results and other corporate developments on a conference call on November 15, 2023, at 10:00 a.m. EST. IceCure is the developer of the ProSense® System, a minimally-invasive cryoablation technology that destroys tumors by freezing, offering an alternative to surgical tumor removal.
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IceCure Medical announced a significant increase in independent studies of its ProSense cryoablation system, which is used to treat various cancers and conditions. The studies have shown high success rates and safety, with a growing body of scientific data supporting the adoption of ProSense. The company believes these studies indicate a tipping point in the global commercial adoption of the technology.
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IceCure Medical Ltd. receives a notice from Nasdaq indicating non-compliance with the minimum bid price requirement. The company has 180 days to regain compliance by maintaining a minimum bid price of $1.00 per share. If compliance is not regained, the company may be eligible for an additional 180-day compliance period.
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IceCure Medical announced its participation in the 10th Annual Conference of the Breast Imaging Society of India (BISICON 2023) with its distributor Novomed. The ProSense® System, a cryoablation technology for tumor removal, received high interest from doctors and hospitals. The ICE3 study of ProSense® showed a 96.91% recurrence-free rate, 100% safety, and positive cosmetic results. The trial is expected to be finalized in Q1 2024.
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FAQ

What is the current stock price of Icecure Medical Ltd. (ICCM)?

The current stock price of Icecure Medical Ltd. (ICCM) is $1.14 as of April 22, 2025.

What is the market cap of Icecure Medical Ltd. (ICCM)?

The market cap of Icecure Medical Ltd. (ICCM) is approximately 65.7M.

What is the core business of IceCure Medical Ltd?

IceCure Medical Ltd focuses on developing and marketing liquid nitrogen-based cryoablation systems. The company offers minimally invasive solutions for the treatment of a range of tumors, including those in the breast, kidney, bone, and lung.

How does cryoablation technology work?

Cryoablation involves using liquid nitrogen to freeze and destroy tumor tissues. IceCure’s technology creates large lethal zones that effectively target both benign and malignant tumors while reducing the need for invasive surgical procedures.

Which clinical indications are addressed by IceCure’s products?

The company’s cryoablation systems are primarily used for the treatment of tumors in areas such as the breast, kidney, bone, and lung. Their products are designed to offer safe and effective alternatives to traditional surgical interventions.

What sets IceCure’s technology apart from traditional surgical methods?

IceCure’s minimally invasive approach reduces surgical risks, shortens recovery times, and minimizes patient discomfort. The technology is supported by comprehensive clinical research, demonstrating outcomes that are comparable to conventional surgery but with fewer complications.

How does IceCure validate the efficacy of its cryoablation systems?

The efficacy of IceCure’s systems is validated through rigorous clinical trials and studies presented at major medical conferences. Independent studies have consistently shown that their technology achieves high ablation success rates with minimal adverse events.

In what markets are IceCure’s products available?

IceCure’s ProSense® system and associated technologies are marketed globally, with regulatory approvals in key regions including the United States, Europe, China, and parts of Asia. This global presence underscores the company’s commitment to expanding access to innovative cryoablation therapies.

What role does intellectual property play in IceCure’s strategy?

A robust patent portfolio is central to IceCure’s strategy, protecting its innovations in cryoablation technology. The company continuously invests in research and development, ensuring its products remain at the forefront of the minimally invasive therapy market.

What benefits do patients experience with IceCure’s cryoablation treatment?

Patients benefit from a treatment option that is less invasive than traditional surgery, leading to reduced pain, lower risk of complications, and faster recovery times. This approach not only minimizes discomfort but also improves overall patient outcomes.
Icecure Medical Ltd.

Nasdaq:ICCM

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ICCM Stock Data

65.65M
28.69M
48.54%
0.27%
1.06%
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