- What significant regulatory milestone did Microbot Medical achieve in September 2025?
- In September 2025, Microbot Medical Inc. received FDA 510(k) clearance for its LIBERTY Endovascular Robotic System, allowing the company to commercialize the system in the U.S. market.
- What was the outcome of Microbot Medical's fundraising program in September 2025?
- In September 2025, Microbot Medical Inc. raised $25.2 million from an options exercise and planned a second offering for an additional $4 million, with the funds intended for the development and commercialization of its LIBERTY Robotic System and potential acquisitions. However, this fundraising program led to a 6.93% decline in its stock price due to potential share dilution.
- Which hospital was the first to adopt Microbot Medical's LIBERTY Endovascular Robotic System?
- In November 2025, Emory University Hospital became the first hospital in the world to adopt Microbot Medical's LIBERTY Endovascular Robotic System.
- What was a key development for Microbot Medical in January 2026?
- In January 2026, Microbot Medical announced key milestones for the year, including continuing its Limited Market Release (LMR) and planning a Full Market Release (FMR) in Q2 2026 for its LIBERTY Endovascular Robotic System, following its FDA 510(k) clearance and adoption by Emory University Hospital in 2025.
- What strategic partnership did Microbot Medical form in December 2023?
- In December 2023, Microbot Medical Inc. announced a collaboration with Corewell Health to enable telerobotics between remote centers using the LIBERTY Endovascular Robotic Surgical System, evaluating the system for remote procedures to improve healthcare accessibility.
- What was the outcome of Microbot Medical's GLP pivotal pre-clinical study in December 2023?
- In December 2023, Microbot Medical Inc. successfully completed its GLP pivotal pre-clinical study for the LIBERTY Endovascular Robotic Surgical System, meeting all study objectives under FDA-required guidelines, which gives the company confidence to proceed to human clinical studies.
- What significant step did Microbot Medical take in December 2024 regarding its LIBERTY system?
- In December 2024, Microbot Medical Inc. submitted a 510(k) premarket notification to the FDA for its LIBERTY Endovascular Robotic System, aiming for commercial launch in the U.S. and anticipating FDA clearance by Q2 2025.
- What was the financial impact of Microbot Medical's cash burn situation as of September 2025?
- As of September 2025, Microbot Medical had $80 million in cash with no debt, providing a cash runway of approximately 7.3 years. However, its annual cash burn of $11 million increased by 23% over the past year, indicating increased investment for future growth despite the company being unprofitable.