Microbot Medical Receives a Non-Dilutive Grant from The Israel Innovation Authority Supporting the Development of the Manufacturing Process for its Endovascular Surgical Robotic System
Microbot Medical Inc. (MBOT)
Last microbot medical inc. earnings: 11/14 03:34 pm
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Source: GlobeNewswire
HINGHAM, Mass., June 02, 2023 (GLOBE NEWSWIRE) -- Microbot Medical Inc. (Nasdaq: MBOT), the developer of the LIBERTY® Robotic Surgical System, the first single-use endovascular robotic surgical system, announced it has received a grant from the Israel Innovation Authority ("IIA”) in the amount of NIS 1.62 million, which based on a recent exchange rate to the U.S. dollar, would be approximately $440,000, to further support the development of the Company’s manufacturing process of its flagship robotic surgical system, the LIBERTY®. This is the first time Microbot has received approval for a grant for "transition from development to manufacturing" program, which the Company believe is a reflection of the recent activities and milestones the LIBERTY achieved as it progresses in its path toward its regulatory and commercialization activities. “This non-dilutive grant will facilitate our efforts to establish the manufacturing infrastructure capability for the LIBERTY® system. While
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MBOT
News
- Microbot Medical Inc. (NASDAQ: MBOT) had its price target lowered by analysts at HC Wainwright from $8.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Microbot Medical Shares Status Following Recent Geopolitical Events [Yahoo! Finance]Yahoo! Finance
- Microbot Medical Shares Status Following Recent Geopolitical EventsGlobeNewswire
- Microbot Medical (MBOT) Files IDE to Start Human Clinical Study [Yahoo! Finance]Yahoo! Finance
- Microbot Medical Submits an IDE Application to Gain FDA Approval to Commence Its Pivotal Clinical Trial in the USGlobeNewswire
MBOT
Sec Filings
- 4/25/24 - Form 424B3
- 4/24/24 - Form 8-K
- 4/16/24 - Form 424B3
- MBOT's page on the SEC website