Recent Updates
Recently added Catalysts
MBOT Positive Sentiment Score: 75/100

Microbot Medical Expands its Physician Support with the Addition of Leading Italian Interventional Radiologist Irene Bargellini, M.D., to its Scientific Advisory Board Believes that the reduction in radiation exposure th

Key Takeaway: Microbot Medical Inc. has appointed Dr. Irene Bargellini, a leading Italian interventional radiologist, to its Scientific Advisory Board. This move is expected to bolster the company's efforts towards the commercialization of its LIBERTY Robotic Surgical System, which aims to reduce radiation exposure during procedures. Dr. Bargellini's expertise in oncologic imaging and interventional oncology is seen as instrumental in navigating entry into the Italian market. Her involvement is also anticipated to promote the technology among women in the field, potentially broadening the user base of the robotic system.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Dr. Irene Bargellini enhances Microbot's advisory team.
  • Potential to expand market presence in Italy for the LIBERTY system.
  • Reduced radiation exposure may encourage more women to pursue interventional radiology.

CONCERNS & RISKS

  • Market conditions and regulatory approval remain uncertain.
  • The company faces risks in recruiting physicians for clinical trials.

Full Press Release Details

Medical Expands its Physician Support with the Addition of Leading Italian Interventional Radiologist Irene Bargellini, M.D., to its
Scientific Advisory Board
that the reduction in radiation exposure the LIBERTY system could empower more women to pursue careers in Interventional
Mass., July 11, 2023 - Microbot Medical Inc. (Nasdaq: MBOT), the developer of the LIBERTY Robotic Surgical
System, the first single-use endovascular robotic surgical system, today announced that Irene Bargellini, M.D., an interventional radiologist
and Chair of the Diagnostic and Interventional Radiology Department at Candiolo Cancer Institute in Turin, Italy, has joined the Company's
Scientific Advisory Board (SAB). Dr. Bargellini is the latest expansion of Microbot's global presence with highly esteemed medical
experts in large addressable markets.
Bargellini's primary clinical and scientific focus is on oncologic imaging and interventional oncology, with reference to liver
imaging and liver tumors' loco-regional and systemic therapies.
is encouraging that leading interventional radiologists continue to join Microbot as it embarks on the steps towards the commercialization
of the system," commented Eyal Morag, MD, Chief Medical Officer. "In addition to leveraging Dr. Bargellini's expertise
to achieve this goal, we also recognize that Italy represents an important and potentially large addressable market for the LIBERTY Robotic
Surgical System. Dr. Bargellini is a potential future user, who we believe could support our entry into the Italian market upon regulatory
believe it's important to support technology that can advance medicine and improve patient outcomes, and having experienced the
system first-hand, I am eager to lend my capabilities and contribute to the system's success," commented Dr. Bargellini.
"Additionally, I believe the potential of the LIBERTY Robotic Surgical System to reduce the level of radiation exposure makes it
possible for more women to pursue a career as interventional radiologists, while not potentially endangering their health and/or ability
Bargellini is Member of the Executive Committee of Italian Society of Radiology (SIRM), fellow of the European Society of Gastrointestinal
and Abdominal Radiology (ESGAR) and the Cardiovascular and Interventional Radiology Society in Europe (CIRSE), and member of the European
Society of Radiology (ESR), European Society for the Study of the Liver (EASL) and International Liver Cancer Association (ILCA). She
serves as reviewer of several national and international journals and is Member of the Editorial Board of European Radiology and Cardiovascular
and Interventional Radiology journals. Dr. Bargellini has authored and co-authored over 100 articles in peer-review journals, is co-author
of several book chapters, and has given over 300 invited lectures in national and international meetings.
a complete list and background on the members of the SAB, please use this link About - Microbot Medical
Medical Inc. (NASDAQ: MBOT) is a pre-clinical 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
LIBERTY 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 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 http://www.microbotmedical.com.
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 LIBERTY ,
the outcome of its studies to evaluate LIBERTY , whether the Company's core business focus program and cost reduction
plan are sufficient to enable the Company to continue to focus on its LIBERTY technology while it stabilizes its financial condition
and seeks additional working capital, any failure or inability to recruit and retain physicians and clinicians to serve as primary investigators
to conduct regulatory studies which could adversely affect or delay such studies, uncertainty in the results of pre-clinical and clinical
trials or regulatory pathways and regulatory approvals, 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

Who is Irene Bargellini M.D.?

Irene Bargellini, M.D., is an interventional radiologist and Chair at Candiolo Cancer Institute.

What is the LIBERTY Robotic Surgical System?

The LIBERTY system is a single-use endovascular robotic surgical system aimed at improving outcomes.

How does the LIBERTY system reduce radiation exposure?

The LIBERTY system aims to reduce radiation exposure, enhancing safety for practitioners.

What is Dr. Bargellini's expertise?

Dr. Bargellini specializes in oncologic imaging and interventional oncology, especially liver tumors.

What roles does Dr. Bargellini hold in radiology societies?

She is a member of several prestigious radiology societies, including SIRM and ESGAR.

Last updated: Jul 11, 2023