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Microbot Medical Enrolled the First Patient in its Pivotal Human Clinical Trial The first clinical case was performed at Brigham and Women's Hospital The clinical trial is expected to support the future submission to the

Key Takeaway: Microbot Medical Inc. announced the successful enrollment of the first patient in its pivotal human clinical trial for the LIBERTY Endovascular Robotic Surgical System at Brigham and Women's Hospital. This milestone is expected to facilitate future submission to the FDA for commercialization. The clinical trial, led by Dr. Dmitry Rabkin, is aimed at improving the use of surgical robotics in endovascular procedures. The company is optimistic about the timeline and potential impact of the LIBERTY system on patient care and surgical practices.

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful enrollment of the first patient in a pivotal trial.
  • Potential for LIBERTY Endovascular Robotic Surgical System to improve surgical outcomes.
  • Rapid pace of site activation for the clinical trial.
  • Aiming to democratize endovascular interventional procedures.

CONCERNS & RISKS

  • Uncertainties regarding the outcomes of clinical trials.
  • Risks associated with market conditions and commercialization success.
  • Potential challenges in recruiting investigators for studies.

Full Press Release Details

Medical Enrolled the First Patient in its
Human Clinical Trial
first clinical case was performed at Brigham and Women's Hospital
clinical trial is expected to support the future submission to the FDA for the commercialization of the LIBERTY Endovascular
Robotic Surgical System
Mass., July 8, 2024 - Microbot Medical Inc. (Nasdaq: MBOT) today announced the completion of the first procedure in a patient
utilizing its LIBERTY Endovascular Robotic Surgical System. The procedure took place at Brigham and Women's Hospital
(BWH), a leading academic medical center located in Boston, Massachusetts, as part of the Company's pivotal human clinical trial.
clinical trial at BWH is led by Dr. Dmitry Rabkin, MD, PhD, Assistant Chief, Division of Angiography & Interventional Radiology,
who also performed this first human case. The trial is part of the Investigational Device Exemption ("IDE") for LIBERTY ,
and the Company expects its results will support the future submission to the FDA and subsequent commercialization.
the first patient in our pivotal human clinical trial is a significant milestone for the Company, and an important step on our journey
to bring LIBERTY to U.S. physicians," commented Juan Diaz-Cartelle, MD, Chief Medical Officer of Microbot Medical.
"We are very pleased with the rapid pace of site activation, and I'm looking forward to enrolling additional patients in
Medical Inc. (NASDAQ: MBOT) is a clinical- stage medical device company that specializes in transformational micro-robotic technologies,
with the goals of improving clinical outcomes for patients and increasing accessibility through the natural and artificial lumens within
Investigational LIBERTY Endovascular Robotic Surgical System aims to improve the way surgical robotics are being used
in endovascular procedures today, by eliminating the need for large, cumbersome, and expensive capital equipment, while reducing radiation
exposure and physician strain. The Company believes the LIBERTY Endovascular Robotic Surgical System's remote operation
has the potential to be the first system to democratize endovascular interventional procedures.
information about Microbot Medical is available at
to future financial and/or operating results, future growth in research, technology, clinical development, and potential opportunities
for Microbot Medical Inc. and its subsidiaries, along with other statements about the future expectations, beliefs, goals, plans, or
prospects expressed by management, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform
Act of 1995 and the Federal securities laws. Any statements that are not historical fact (including, but not limited to statements that
contain words such as "will," "believes," "plans," "anticipates," "expects"
and "estimates") should also be considered to be forward-looking statements. Forward-looking statements involve risks and
uncertainties, including, without limitation, market conditions, risks inherent in the development and/or commercialization of the LIBERTY
Endovascular Robotic Surgical System, the outcome of its studies to evaluate the LIBERTY Endovascular Robotic Surgical
System, uncertainty in the results of pre-clinical and clinical trials or regulatory pathways and regulatory approvals, including whether
the Company's pivotal study in humans is successful, any failure or inability to recruit physicians and clinicians to serve as
primary investigators to conduct regulatory studies which could adversely affect or delay such studies, disruptions resulting from new
and ongoing hostilities between Israel and the Palestinians and other neighboring countries, any lingering uncertainty resulting from
the COVID-19 pandemic, need and ability to obtain future capital, and maintenance of intellectual property rights. Additional information
on risks facing Microbot Medical can be found under the heading "Risk Factors" in Microbot Medical's periodic reports
filed with the Securities and Exchange Commission (SEC), which are available on the SEC's web site at www.sec.gov. Microbot Medical
disclaims any intent or obligation to update these forward-looking statements, except as required by law.

Frequently Asked Questions

Where was the first patient procedure conducted?

The first patient procedure was performed at Brigham and Women's Hospital.

What does the LIBERTY Robotic Surgical System aim to improve?

It aims to enhance endovascular procedures by eliminating bulky equipment.

Who is leading the clinical trial for LIBERTY?

Dr. Dmitry Rabkin, MD, PhD, is leading the clinical trial.

What is the goal of the ongoing clinical trial?

The goal is to support FDA submission for commercializing LIBERTY.

What potential benefits does LIBERTY offer to physicians?

It aims to reduce radiation exposure and physician strain during procedures.

Last updated: Jul 8, 2024