Microbot Medical Launches LMR for Its LIBERTY System in the United States
Product Launch: Microbot Medical's LIBERTY System, the first FDA-cleared single-use robotic system for peripheral endovascular procedures, is now commercially available in the U.S.
Market Strategy: The Limited Market Release (LMR) will target high procedure volume regions to gather real-world insights from users, aiming for responsible growth and quality assurance.
Future Plans: The company anticipates a Full Market Release (FMR) during the Society of Interventional Radiology conference in April 2026.
Demand and Insights: Preliminary demand for LIBERTY has been noted, and the LMR will help inform the product's development based on user feedback.
Get Free Real-Time Notifications for Any Stock
Analyst Views on MBOT
About MBOT
About the author
Reasons for Our Lack of Concern Regarding Microbot Medical's (NASDAQ:MBOT) Cash Burn Issue
Investor Interest in Unprofitable Companies: Microbot Medical's share price has surged 142% over the past year, attracting investor attention despite its lack of profitability and cash burn concerns.
Cash Burn and Runway Analysis: The company reported a cash burn of $11 million over the last year, with a cash runway of approximately 7.3 years, indicating a manageable financial situation for shareholders.
Growth Investment and Future Considerations: Although Microbot Medical's cash burn increased by 23%, suggesting a focus on future growth, this could shorten its cash runway if spending continues to rise.
Raising Capital and Market Position: With a market capitalization of $159 million, Microbot Medical's cash burn represents a low percentage of its market value, indicating potential ease in raising additional funds through share issuance or borrowing.
HC Wainwright & Co. Affirms Buy Rating for Microbot Medical, Keeps $12 Price Target Intact
Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make timely decisions in the stock market.
Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters, enhancing their trading strategies.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, sharing knowledge and resources.
Market Winning Tools: The platform is designed to provide traders with the tools they need to succeed in the markets every day.
