HINGHAM, Mass., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Microbot Medical Inc. (NASDAQ:MBOT), a medical device company specializing in the design and development of transformational micro-robotic medical technologies, today reported financial and operational results for the quarter and six months ended June 30, 2017, as well as provided an update on progress towards key strategic initiatives.
“As major healthcare companies are seeking to establish capabilities in the medical robotic space, our team is leveraging Microbot’s already existing and unique core capabilities and is making meaningful progress with our transformational technological robotic platforms,” commented Harel Gadot, CEO, President and Chairman. “Our lead product, the Self-Cleaning Shunt (SCS), for example, remains on track for its submission to the FDA by the end of 2018. We also recently learned that data from our recent studies for the SCS was accepted to be presented next month at the International Society for Hydrocephalus and Cerebrospinal Fluid Disorders annual meeting. This is a prestigious scientific event and it allows us to engage with leading physicians and further raise the awareness for our innovative approach to treating hydrocephalus and normal pressure hydrocephalus (NPH).
