Microbot Medical Inc. (MBOT) Bundle
An Overview of Microbot Medical Inc. (MBOT)
General Summary of Microbot Medical Inc. (MBOT)
Microbot Medical Inc. is a medical robotics company focused on developing micro-robotic technologies for minimally invasive surgical procedures. Founded in 2010 and headquartered in Needham, Massachusetts, the company specializes in robotic surgical platforms.
Company Products and Services
- NARIUS™ Surgical Robotic Platform
- LIBERTY™ Surgical Robotic System
- Proprietary micro-robotic technologies for medical interventions
Financial Performance in Latest Reporting Period
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.2 million |
| Net Loss | $12.3 million |
| Cash and Cash Equivalents | $16.7 million |
| Research and Development Expenses | $7.9 million |
Market Position and Industry Leadership
Key Competitive Advantages:
- Innovative micro-robotic surgical technologies
- Patent portfolio with 37 issued patents
- Focus on minimally invasive surgical solutions
Company Operational Highlights
| Operational Metric | 2023 Status |
|---|---|
| Total Employees | 48 |
| Patents Issued | 37 |
| Active Research Programs | 3 |
Mission Statement of Microbot Medical Inc. (MBOT)
Mission Statement of Microbot Medical Inc. (MBOT)
Microbot Medical Inc. mission statement focuses on advancing minimally invasive robotic surgical technologies to transform medical procedures and patient outcomes.
Core Mission Components
| Component | Specific Details |
|---|---|
| Technological Innovation | Developing micro-robotic surgical platforms with precision navigation capabilities |
| Medical Solution Focus | Targeting neurosurgery, interventional cardiology, and minimally invasive procedures |
| Clinical Impact | Reducing surgical invasiveness and improving patient recovery times |
Strategic Technology Development
As of 2024, Microbot Medical's R&D investment stands at $4.2 million, dedicated to advancing robotic surgical platforms.
- Current patent portfolio: 17 active medical robotics patents
- Research team: 24 specialized engineers and medical researchers
- Technology development cycle: 18-24 months per surgical platform
Market Positioning
| Metric | 2024 Value |
|---|---|
| Total Revenue | $6.3 million |
| R&D Expenditure | $4.2 million |
| Market Capitalization | $52.1 million |
Technological Capabilities
Micro-Robotic Platform Specifications:
- Precision navigation accuracy: ±0.1mm
- Miniaturized device diameter: 1.2-2.5mm
- Operational depth range: 50-200mm
Vision Statement of Microbot Medical Inc. (MBOT)
Vision Statement Components of Microbot Medical Inc. (MBOT)
Technological Innovation FocusMicrobot Medical Inc. aims to revolutionize minimally invasive robotic surgical technologies. Market capitalization as of January 2024: $27.68 million. Research and development expenditure in 2023: $4.2 million.
| Technology Category | Investment Allocation |
|---|---|
| Micro-Robotic Surgical Systems | 62% of R&D Budget |
| Advanced Imaging Technologies | 23% of R&D Budget |
| Precision Navigation Systems | 15% of R&D Budget |
Strategic focus on developing robotic platforms for complex medical procedures. Current patent portfolio: 17 active patents. Pending patent applications: 8.
- Neurosurgical Interventions
- Cardiovascular Procedures
- Minimally Invasive Diagnostic Technologies
Target markets for robotic surgical technologies in 2024:
| Region | Projected Market Penetration |
|---|---|
| North America | 45% |
| Europe | 28% |
| Asia-Pacific | 22% |
| Rest of World | 5% |
Performance benchmarks for robotic surgical platforms:
- Precision Accuracy: 99.7%
- Procedure Complexity Handling: Multi-quadrant interventions
- Miniaturization Level: Sub-millimeter scale operations
Core Values of Microbot Medical Inc. (MBOT)
Core Values of Microbot Medical Inc. (MBOT) in 2024
Innovation and Technological Advancement
Microbot Medical Inc. demonstrates commitment to innovation through significant R&D investments.
| R&D Expenditure (2024) | $4.7 million |
| Patent Applications (2024) | 6 new medical robotic technology patents |
| Research Personnel | 28 specialized engineers and scientists |
Patient-Centric Medical Solutions
Focused on developing minimally invasive robotic technologies.
- Surgical precision targeting less than 0.5mm deviation
- Reduced patient recovery time by approximately 40%
- Enhanced diagnostic accuracy through robotic interventions
Commitment to Scientific Integrity
| Clinical Trial Compliance Rate | 99.8% |
| Regulatory Approvals (2024) | 3 FDA clearances |
| Ethical Research Protocols | Adherence to international medical research standards |
Collaborative Healthcare Innovation
Strategic partnerships with leading medical institutions.
- 5 active research collaborations with university medical centers
- 2 joint development agreements with international medical technology firms
- Annual collaborative research budget: $2.3 million
Sustainable Medical Technology Development
| Green Technology Initiatives | 40% reduction in manufacturing carbon footprint |
| Recyclable Medical Device Components | 62% of product line |
| Energy Efficiency in R&D | 35% reduction in energy consumption |
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