
Microbot Medical, Inc. Common Stock (MBOT)
Microbot Medical, Inc. is a medical device company focused on developing innovative robotic and microservice solutions for minimally invasive procedures. The company’s technology aims to improve patient outcomes by enabling enhanced precision, safety, and ease of use in various interventional healthcare applications.
Company News
Microbot Medical raised $25.2 million in the first closing of a preferred investment option exercise, with potential additional gross proceeds of up to $92.2 million. The company plans to use the funds for developing its LIBERTY Robotic System, potential acquisitions, and general corporate purposes.
Microbot Medical has signed a clinical trial agreement with the Baptist Hospital of Miami for its LIBERTY Endovascular Robotic Surgical System. The trial has received Institutional Review Board approval, and the Baptist Hospital is the second site to participate in the clinical trial. The market for robotic-assisted endovascular systems is expected to grow significantly, and Microbot's LIBERTY system is well-positioned to capitalize on this opportunity.
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