Microbot Medical Inc. (NASDAQ:MBOT), the developer of the LIBERTY® Robotic Surgical System, the first single-use endovascular robotic surgical system, today announced the successful completion of an extended pre-clinical study held by leading key opinion leaders (“KOLs”) at a New York-based research lab.
A team of leading interventional radiologists utilized the system and performed dozens of catheterizations, including the utilization of the system’s remote operation capabilities, to pre-determined vascular targets, with a 100% success rate of reaching the intended target with no observable on-site complications.
In addition, it was the first study that the Company allowed participants of leading organizations from the medical industry to join.
Very similar to previous studies, the Company received positive real-time user feedback, including with respect to the intuitiveness of the system, ease of set up and use, and value added that they see with the ability to control procedures remotely via the LIBERTY Robotic Surgical System’s remote controller. Moreover, the Company received valuable input from the industry participants, which aligned to the value proposition LIBERTY is expected to bring to the market and which the Company believes will assist in the future adoption of LIBERTY when commercialized.
“We continue to expand our close relationships with international KOLs and, for the first time, we incorporated executives from the medical industry. We believe that our LIBERTY Robotic Surgical System has the potential to benefit patients, physicians and commercial organizations from the medical field as we continue to advance in the regulatory process with the FDA and other regions across the world. Following several successful studies in Europe, and now in the US, the support and endorsement we receive has great value for our future commercial plans,” commented Harel Gadot, Microbot’s Chief Executive Officer.
