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Microbot Medical, Inc. - MBOT STOCK NEWS

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

Microbot Medical, Inc. (NASDAQ: MBOT) is a pioneering pre-clinical medical device company focused on developing groundbreaking micro-robotic medical technologies. Established with the vision to transform minimally invasive surgeries—a fast-growing sector estimated to be close to $20 billion by 2015—Microbot Medical aims to provide cutting-edge micro-invasive technologies that assist physicians in targeting disease sites with unmatched precision. The company's innovative platforms, such as LIBERTY and the Self-Cleaning Shunt (SCS), are designed to improve surgical outcomes and the quality of life for millions of patients globally.

One of Microbot Medical's core technologies, the Virob platform, is an autonomous advancing micro-robot (AAMR) less than 1mm in diameter. This micro-robot can advance forward and backward autonomously, providing precise navigation through the body. Similarly, the LIBERTY Endovascular Robotic Surgical System aims to revolutionize endovascular procedures by eliminating the need for bulky and expensive equipment while reducing radiation exposure and physician strain.

Microbot Medical has been achieving significant milestones, including positive results from its pivotal GLP pre-clinical study and its recent Investigational Device Exemption (IDE) application to the FDA. These advancements pave the way for the company's first human clinical trials. Furthermore, the company has secured both domestic and global patents, fortifying its product portfolio and creating significant barriers to entry for competitors.

Microbot Medical is actively engaging in pre-commercial activities and strategic partnerships to ensure efficient commercialization channels for the LIBERTY system once it receives regulatory approval. The company is committed to advancing its technologies and aims to integrate future capabilities such as remote operations, imaging integration, and AI functionalities.

Despite challenges such as the COVID-19 pandemic and recent geopolitical events in Israel, Microbot Medical continues to meet its planned timelines and milestones. The company’s operations in Israel, the USA, and other parts of the globe remain uninterrupted, and it believes it will achieve regulatory and commercial milestones as scheduled.

For further information about Microbot Medical, please visit www.microbotmedical.com.

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Microbot Medical (Nasdaq: MBOT) announced the issuance of a Notice of Allowance for a third patent related to its LIBERTY® Robotic System by the USPTO. In 2021, the company secured three U.S. patents, bringing its total to 47 patents issued or allowed worldwide, with an additional 26 pending applications. CEO Harel Gadot stated that this year has been crucial for the LIBERTY system, highlighting the ongoing progress in IP and R&D. The granted claims protect a compact robotic device for surgical tool manipulation, reinforcing the company’s confidence in achieving its clinical goals for 2022.

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Microbot Medical (Nasdaq: MBOT) is advancing the LIBERTY® Robotic System toward commercialization. Following a recent design freeze, Dr. Eyal Morag visited the U.S. to set up clinical infrastructure for an upcoming human trial expected to begin in late 2022. Dr. Morag emphasized the importance of aligning interests for key milestones, including an FDA pre-submission and the clinical trial. This marks a pivotal moment in advancing LIBERTY’s development, which aims to enhance clinical outcomes through innovative micro-robotic technologies.

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Microbot Medical Inc. (MBOT) has achieved a significant milestone by reaching the design freeze for its LIBERTY Robotic System, marking a step towards commercialization. This milestone is based on extensive feasibility studies and physician feedback. The next step involves filing a pre-submission with the FDA in Q1 2022. A live demonstration of the LIBERTY System is scheduled for January 10th, 2022, in San Francisco. The company expresses confidence in advancing towards commercialization and aims to secure clinical sites for regulatory compliance.

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Microbot Medical Inc. (Nasdaq: MBOT) announced a Notice of Allowance for a second patent regarding its LIBERTY® Robotic System from the USPTO. This brings the company's total to 46 patents issued/allowed and 24 pending applications. CEO Harel Gadot highlighted that the U.S. market is critical for LIBERTY® and emphasized the importance of protecting their intellectual property for future commercialization and shareholder value. The patent covers a modular robotic system for manipulating flexible surgical tools, enhancing innovation in medical devices.

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Microbot Medical Inc. (Nasdaq: MBOT) announced the issuance of a Notice of Allowance for its LIBERTY® Robotic System by the USPTO, marking a significant milestone in its intellectual property portfolio, which now consists of 45 patents issued/allowed and 24 pending applications. CEO Harel Gadot emphasized this achievement as crucial for securing a competitive edge and advancing commercialization of their technology aimed at enhancing catheter-based procedures while minimizing risks for physicians. The patent covers a device designed to automate the manipulation of surgical tools within bodily lumens.

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Microbot Medical (Nasdaq: MBOT) announced a Notice of Allowance (NOA) for its 'One & Done' guidewire technology in China, adding to previous approvals in the European Union, Japan, and Israel. With a total of 44 patents allowed or issued and 24 pending globally, the company aims to enhance patient outcomes and strengthen its competitive position. The double guidewire technology includes features for adjusting curvature and stiffness, indicating advancements in micro-robotic applications for healthcare.

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Microbot Medical (NASDAQ: MBOT) has strengthened its Scientific Advisory Board with the addition of Dr. Giora Weisz, a renowned interventional cardiologist. Dr. Weisz's extensive experience in robotic-enhanced coronary interventions, particularly his role in the FDA-approved CorePath system, is expected to aid Microbot in advancing its LIBERTY Robotic System. CEO Harel Gadot emphasized the significance of Dr. Weisz's involvement in enhancing the system to address the growing cardiac market. Microbot specializes in micro-robotic technologies aimed at improving patient outcomes.

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Microbot Medical Inc. (Nasdaq: MBOT) has received a Notice of Allowance from the Israel Intellectual Property Office for its innovative 'One & Done' guidewire technology. This patent joins previously granted approvals in Europe and Japan, enhancing Microbot's global patent portfolio to 42 issued/allowed patents and 23 pending applications. CEO Harel Gadot emphasized the importance of this technology for the company's future development and competitive edge in the micro-robotic medical field.

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Microbot Medical Inc. (Nasdaq: MBOT) has been notified by the Japan Patent Office (JPO) that it intends to grant a patent for its innovative ‘One & Done’ guidewire technology aimed at endoluminal interventions. This marks Japan as the second jurisdiction to recognize this patent, enhancing the company’s intellectual property protection. CEO Harel Gadot highlighted the positive feedback from the medical community regarding their LIBERTY™ Robotic system and noted that the allowed claims cover a dual guidewire structure with adjustable states. Currently, Microbot holds 41 issued patents and has 22 pending applications.

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Microbot Medical Inc. (Nasdaq: MBOT) announced successful discussions with the FDA regarding its Self-Cleaning Shunt (SCS). The FDA's feedback allows the company to apply for an Early Feasibility Study (EFS), paving the way for a First-in-Human (FIH) clinical trial projected for Q3 2022. CEO Harel Gadot highlighted this as a significant milestone, noting confidence in the strength of their pre-clinical data. This innovative device aims to prevent obstruction in cerebrospinal fluid catheters for patients with hydrocephalus.

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FAQ

What is the current stock price of Microbot Medical (MBOT)?

The current stock price of Microbot Medical (MBOT) is $0.9025 as of November 18, 2024.

What is the market cap of Microbot Medical (MBOT)?

The market cap of Microbot Medical (MBOT) is approximately 15.3M.

What is Microbot Medical, Inc.?

Microbot Medical, Inc. is a pre-clinical medical device company specializing in developing next-generation micro-robotic medical technologies for minimally invasive procedures.

What is the LIBERTY Endovascular Robotic Surgical System?

The LIBERTY Endovascular Robotic Surgical System is an innovative platform aimed at improving endovascular procedures by eliminating the need for large, cumbersome equipment while reducing radiation exposure and physician strain.

What recent achievements has Microbot Medical accomplished?

Microbot Medical recently achieved positive results from its pivotal GLP pre-clinical study and submitted an IDE application to the FDA, paving the way for its first human clinical trials.

What are the core technologies developed by Microbot Medical?

Microbot Medical's core technologies include the Virob platform, an autonomous advancing micro-robot, and the LIBERTY Endovascular Robotic Surgical System.

What is the vision of Microbot Medical?

Microbot Medical aims to transform minimally invasive surgeries by providing cutting-edge micro-invasive technologies that help physicians target disease sites with unmatched precision.

How is Microbot Medical preparing for commercialization?

Microbot Medical is engaging in pre-commercial activities and strategic partnerships to ensure efficient commercialization channels for its technologies once regulatory approvals are obtained.

What impact do recent geopolitical events have on Microbot Medical's operations?

Despite recent geopolitical events in Israel, Microbot Medical's operations in Israel, the USA, and other parts of the globe remain uninterrupted, and the company believes it will achieve its regulatory and commercial milestones as scheduled.

What is the Self-Cleaning Shunt (SCS) developed by Microbot Medical?

The Self-Cleaning Shunt (SCS) is another innovative platform developed by Microbot Medical aimed at improving the quality of life for patients by providing less invasive and more precise solutions for surgical procedures.

Who is acting as the exclusive placement agent for Microbot Medical's offering?

H.C. Wainwright & Co. is acting as the exclusive placement agent for Microbot Medical's offering.

How can I get more information about Microbot Medical?

For more information about Microbot Medical, you can visit their website at www.microbotmedical.com.

Microbot Medical, Inc.

Nasdaq:MBOT

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MBOT Stock Data

15.26M
16.93M
1.43%
7.65%
2.36%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States of America
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