Mission Statement, Vision, & Core Values of Microbot Medical Inc. (MBOT)

Are you curious about the driving force behind Microbot Medical Inc. (MBOT)? What exactly is it that motivates them to develop cutting-edge micro-robotic technologies?

Microbot Medical is dedicated to revolutionizing medical interventions. Their vision aims to enhance patient outcomes and quality of life for millions worldwide. But how do they plan to achieve this ambitious goal, and what principles guide their actions? Keep reading to find out!

Microbot Medical Inc. (MBOT) An Overview of

Microbot Medical Inc. (MBOT) is a medical device company specializing in the research, design, development, and commercialization of micro-robotic endoluminal technologies. As of April 2025, the company focuses on creating innovative solutions for unmet clinical needs, particularly in the fields of neurovascular, and peripheral vascular procedures.

Microbot Medical's core technology revolves around developing self-cleaning, autonomous micro-robots that can navigate through the human body's natural and artificial lumens. These micro-robots are designed to enhance precision, safety, and efficiency in various medical procedures. The company’s main focus is on its LIBERTY® Robotic System, which is intended to transform the way physicians perform endovascular procedures. The LIBERTY® system is being designed to allow remote and indirect control of microcatheters and guidewires, potentially reducing radiation exposure and physical strain on physicians.

While specific sales figures as of April 2025 are not available, Microbot Medical continues to advance its technology through research and development, regulatory approvals, and strategic partnerships. These efforts are aimed at eventually commercializing their products and generating revenue.

Microbot Medical Inc. has demonstrated significant financial activity, as detailed in its reports. For the year 2024, the company reported a net loss of approximately $27.9 million, or $1.55 per share. Research and development expenses totaled around $14.4 million, while general and administrative expenses amounted to about $13.5 million. Despite these losses, the company's focus remains on advancing its robotic technologies. As of December 31, 2024, Microbot Medical had cash and cash equivalents of $14.8 million, highlighting its ongoing efforts to fund operations and development through strategic financial management. These figures reflect the company's investment in future growth and innovation in the medical robotics field.

Microbot Medical is positioning itself as a leader in the micro-robotics medical device industry. To understand more about the company's background, mission, and operational strategies, explore: Microbot Medical Inc. (MBOT): History, Ownership, Mission, How It Works & Makes Money

Microbot Medical Inc. (MBOT) Mission Statement

While direct mentions of Microbot Medical's mission statement are limited in recent search results, their focus on innovation and improving patient outcomes in the field of micro-robotics is clear. Microbot Medical Inc. (MBOT) dedicates itself to transforming the way medical professionals treat and observe various conditions with the help of innovative micro-robotic technologies. The company aims to overcome the limitations of traditional methods, offering better access, precision, and results for patients. This dedication is evident in their work on developing the Liberty Robotic System and other micro-robotic devices.

Here are the core components of Microbot Medical's mission, based on their activities and objectives:

• Innovation: Microbot Medical places a strong emphasis on pioneering new technologies in the micro-robotics field.
• Patient Outcomes: A core component of their mission is to improve patient outcomes through the use of more precise and less invasive procedures.
• Accessibility: They aim to make advanced medical treatments more accessible, overcoming the limitations of traditional methods.

Microbot Medical's commitment to innovation is reflected in their development of the Liberty Robotic System, which is designed to navigate complex anatomy, offering the potential for single-session treatments and reduced radiation exposure. The company's focus on improving patient outcomes is evident in their efforts to develop micro-robotic devices that can access and treat areas of the body that are difficult to reach with traditional methods.

Accessibility is also a key part of Microbot Medical's mission. By developing micro-robotic technologies, the company hopes to make advanced medical treatments more widely available, regardless of the location or resources of the healthcare provider. This commitment to accessibility is aligned with the broader trend in healthcare towards more patient-centered and value-based care.

To gain deeper insights into Microbot Medical's financial stability and growth potential, explore 'Breaking Down Microbot Medical Inc. (MBOT) Financial Health: Key Insights for Investors.'

Microbot Medical Inc. (MBOT) Vision Statement

A vision statement is a company's strategic north star—a declaration of its aspirations and what it hopes to achieve in the long term. It differs from a mission statement, which focuses on the present and defines the company's purpose. The vision statement provides a clear direction for growth and innovation, helping to align the organization's efforts and inspire stakeholders.

As of April 2025, there is no independently verifiable, officially published vision statement for Microbot Medical Inc. (MBOT). Therefore, I am unable to provide any information about the company's vision statement.

While a formal vision statement isn't available, understanding a company's goals and direction can be gleaned from its mission statement, core values, and strategic objectives. Additionally, analyzing a company's financial health and market position offers insights into its potential trajectory. For more information on the financial aspects, see: Breaking Down Microbot Medical Inc. (MBOT) Financial Health: Key Insights for Investors

Microbot Medical Inc. (MBOT) Core Values of

While specific details on Microbot Medical's (MBOT) core values as of April 2025 are not available in the provided search results, we can still discuss the general importance and potential examples of core values for a company like Microbot Medical.

Core values are the fundamental beliefs of a person or organization. These guiding principles dictate behavior and action. Core values help companies to:

• Attract and retain talent.
• Build a strong brand.
• Create a positive company culture.
• Differentiate themselves from competitors.
• Make ethical decisions.

Here are some potential core values that might be relevant to Microbot Medical, along with examples of how the company could demonstrate these values:

Innovation:

For a medical device company like Microbot Medical, innovation is critical. This value signifies a commitment to developing cutting-edge technologies and solutions that improve patient outcomes. Innovation is crucial in the medical device field, where advancements can significantly enhance treatment options and quality of life.

Examples of how Microbot Medical could demonstrate a commitment to innovation:

• Investing a significant percentage of its revenue in Research and Development (R&D). For example, a commitment to allocate 15-20% of annual revenue to R&D could signal a strong dedication to innovation.
• Fostering a culture of experimentation and creativity among its employees.
• Collaborating with leading research institutions and universities.
• Securing patents for its novel technologies.
• Focusing on developing and improving their current product lines, such as the LIBERTY Robotic System.

Patient-Centricity:

This value emphasizes that the well-being of patients is at the heart of everything the company does. It means prioritizing patient safety, comfort, and outcomes in the design, development, and delivery of its products and services.

Examples of how Microbot Medical could demonstrate a commitment to patient-centricity:

• Conducting thorough clinical trials to ensure the safety and efficacy of its devices.
• Actively seeking feedback from patients and healthcare professionals to improve its products.
• Providing comprehensive training and support to healthcare providers using its technologies.
• Designing devices that are minimally invasive and reduce patient recovery time.
• Ensuring their products meet the highest standards of quality and safety.

Integrity:

Integrity is about conducting business ethically and transparently. It involves adhering to the highest standards of honesty, fairness, and accountability in all interactions with stakeholders, including patients, healthcare providers, employees, and investors.

Examples of how Microbot Medical could demonstrate a commitment to integrity:

• Maintaining transparent communication with investors and the public.
• Adhering to all applicable laws and regulations.
• Establishing a strong code of ethics for its employees.
• Promoting a culture of accountability and responsibility.
• Ensuring that all marketing and promotional materials are accurate and truthful.

Collaboration:

In the complex world of medical technology, collaboration is key. This value highlights the importance of working effectively with partners, including other companies, research institutions, and healthcare providers, to achieve common goals and accelerate innovation.

Examples of how Microbot Medical could demonstrate a commitment to collaboration:

• Forming strategic alliances with complementary companies.
• Participating in industry consortia and research collaborations.
• Actively engaging with healthcare professionals to gather insights and feedback.
• Sharing knowledge and expertise with the broader medical community.
• Working with regulatory agencies to ensure compliance and facilitate innovation.

Excellence:

Striving for excellence means setting high standards for performance and continuously seeking to improve. It involves a commitment to quality, efficiency, and effectiveness in all aspects of the business, from product development to customer service.

Examples of how Microbot Medical could demonstrate a commitment to excellence:

• Investing in employee training and development to enhance their skills and knowledge.
• Implementing rigorous quality control processes to ensure the reliability of its products.
• Continuously monitoring and improving its operational efficiency.
• Seeking external certifications and accreditations to validate its performance.
• Celebrating and rewarding employee achievements and contributions.

To gain more insights into Microbot Medical's background, you might find this resource helpful: Microbot Medical Inc. (MBOT): History, Ownership, Mission, How It Works & Makes Money