STOCK TITAN

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.

Rhea-AI Summary

Microbot Medical (Nasdaq: MBOT), recognized for developing the LIBERTY® Robotic System, has received a non-dilutive grant of 300,000 NIS from Israel's Ministry of Economy. This funding is part of the 'Smart Money' program aimed at enhancing the commercialization of its robotic system in the U.S. market. CFO Rachel Vaknin emphasized that this grant will boost marketing efforts and foster engagement with key stakeholders as the company approaches crucial regulatory and clinical phases. The grant may be repaid through future royalties from LIBERTY sales, marking a significant step toward increasing market awareness and anticipation for the product's launch.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
-
Rhea-AI Summary

Microbot Medical Inc. (MBOT) continues to promote its LIBERTY® Robotic System, the first single-use endovascular robotic system, ahead of its commercialization. At the upcoming Society of Interventional Radiologists (SIR) annual meeting from March 4-9 in Phoenix, Arizona, CEO Harel Gadot and other executives will engage with potential partners and leading interventional radiologists. The company aims to gather feedback to enhance user experience and improve patient care standards. Microbot specializes in micro-robotic technologies and aims to transform medical outcomes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
Tags
none
-
Rhea-AI Summary

Microbot Medical Inc. (MBOT) has expanded its Scientific Advisory Board (SAB) by adding Dr. Francisco C. Carnevale, making a total of 13 Key Opinion Leaders globally. This strategic move enhances support for the regulatory and commercialization efforts of the LIBERTY® Robotic System. Dr. Carnevale, a notable vascular radiologist from Brazil, brings extensive expertise in Prostatic Artery Embolization. CEO Harel Gadot emphasized the importance of attracting global physicians to validate and advance the system’s clinical and economic advantages. The addition aims to broaden the technology's interventional applications and improve accessibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.64%
Tags
management
Rhea-AI Summary

Microbot Medical Inc. (NASDAQ: MBOT) has announced the issuance of a new design patent for its LIBERTY® Robotic System's remote controller by the Japan Patent Office. This patent complements existing design patents in the U.S. and Europe, bolstering the company’s intellectual property portfolio. The LIBERTY system allows endovascular procedures to be performed remotely, which may reduce radiation exposure and physical strain for healthcare providers. Feedback from recent studies indicates that this innovative design enhances user experience, facilitating better patient care.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
none
-
Rhea-AI Summary

Microbot Medical (Nasdaq: MBOT) announced its upcoming webinar, “Access-Ability Live by MBOT,” scheduled for February 8, 2023, at 1:00 PM ET. Hosted by Dr. Eyal Morag, the event will feature Dr. Giora Weisz, a leading interventional cardiologist, discussing the evolving landscape of endovascular robotics and the role of robotic systems in cardiovascular procedures. This initiative aims to engage stakeholders in the field and highlight current innovations and challenges. The webinar is part of Microbot's ongoing effort to address key topics in healthcare and endovascular technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none
-
Rhea-AI Summary

Microbot Medical (NASDAQ: MBOT) announced a webinar titled Access-Ability Live by MBOT, scheduled for January 10, 2023. The event, moderated by Joe Mullings, will bring together experts from the medtech sector to discuss advancements in endovascular robotics and unmet medical needs. This series aims to facilitate discussions on critical topics in healthcare. Microbot focuses on developing pioneering micro-robotic technologies to improve patient outcomes. The firm’s approach includes a strong emphasis on innovation in endovascular procedures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
none
Rhea-AI Summary

Microbot Medical (NASDAQ: MBOT) announced the upcoming webinar, "Access-Ability Live by MBOT," on December 21, 2022, at 1:00 PM ET. Dr. Eyal Morag will host Dr. Ripal Gandhi, an expert in endovascular robotics, who will discuss his experiences with robotic surgical procedures. The series aims to engage stakeholders in discussions on critical healthcare topics. Microbot is known for its innovative LIBERTY® Robotic System, focusing on micro-robotic technologies for medical applications. For more information, visit Microbot Medical.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
none
-
Rhea-AI Summary

Microbot Medical (Nasdaq: MBOT) has secured its third patent for the LIBERTY® Robotic System in Israel, bringing its total global patents for the system to ten. This patent enhances its intellectual property portfolio and is seen as a vital step towards regulatory approval and global commercialization. Chairman and CEO Harel Gadot emphasized the strategic importance of expanding the IP portfolio to maintain a competitive edge in key markets while progressing towards regulatory milestones and product release.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.53%
Tags
none
-
Rhea-AI Summary

Microbot Medical has received a design patent allowance for its LIBERTY Robotic System remote controller from the USPTO, enhancing its global intellectual property portfolio. This controller was developed with input from physicians, focusing on improving user experience during endovascular procedures. The company will showcase the LIBERTY system at a healthcare conference in January 2023, allowing hands-on experience for interested parties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
Rhea-AI Summary

Microbot Medical (NASDAQ: MBOT) is set to launch an educational webinar series titled “Access-Ability Live by MBOT”, aimed at creating a community of healthcare leaders focused on robotic technologies. The inaugural webinar, scheduled for November 16, 2022, at 1:00 pm ET, will feature discussions on the endovascular space and the LIBERTY® Robotic System. Hosted by Dr. Eyal Morag with guest speaker Dr. Sebastian Flacke, the series seeks to address pressing healthcare issues and share insights on emerging technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.85%
Tags
none

FAQ

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

The current stock price of Microbot Medical (MBOT) is $0.9745 as of December 20, 2024.

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

The market cap of Microbot Medical (MBOT) is approximately 16.6M.

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

MBOT Rankings

MBOT Stock Data

16.59M
16.69M
1.43%
7.46%
3.43%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
Link
United States of America
HINGHAM