IceCure Receives Regulatory Approval in Israel for its Next-Generation XSense™ Cryoablation System for Breast Cancer and Other Indications

Rhea-AI Summary

IceCure Medical (NASDAQ: ICCM) has received regulatory approval from Israel's Ministry of Health for its next-generation XSense™ cryoablation system. The system, which uses liquid-nitrogen based technology to destroy tumors by freezing, has been approved for multiple indications including breast cancer, gynecology, oncology, and general surgery.

The XSense™ System and CryoProbes had previously received FDA clearance in mid-2024 for all indications currently approved for the company's ProSense® system. This minimally invasive treatment option aims to reduce cancer care costs, accelerate patient recovery, and provide an alternative to surgical tumor removal.

Positive

• Regulatory approval received in Israel for XSense™ System across multiple medical indications
• Prior FDA clearance obtained in mid-2024 for the XSense™ system
• Technology potentially reduces treatment costs and recovery time
• Broad range of approved applications including breast cancer treatment

Negative

• None.

News Market Reaction

+9.59%

4 alerts

+9.59% News Effect

+18.5% Peak Tracked

+$6M Valuation Impact

$70M Market Cap

0.3x Rel. Volume

On the day this news was published, ICCM gained 9.59%, reflecting a notable positive market reaction. Argus tracked a peak move of +18.5% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $70M at that time.

Data tracked by StockTitan Argus on the day of publication.

Approved for a broad range of indications including in gynecology, oncology and general surgery

CAESAREA, Israel, Sept. 15, 2025 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announced it has received regulatory approval from the Medical Device Division of Israel's Ministry of Health ("AMAR") for its next-generation single cryoprobe cryoablation system, the XSense™ System and CryoProbes.

As of mid-2024, XSense™ and its cryoprobes have also received regulatory clearance in the United States from the U.S. Food and Drug Administration ("FDA") for all of the indications for which ProSense^®, the Company's flagship cryoablation system, has already received from the FDA.

"We believe that this latest regulatory approval for our next-generation cryoablation system reaffirms IceCure's leadership position in liquid-nitrogen based cryoablation," stated IceCure's Chief Executive Officer, Eyal Shamir. "The minimally invasive cryoablation option that we offer across a broad range of indications can de-escalate cancer care, reduce treatment costs for payers, and accelerate recovery time for patients."

"We are particularly pleased with the breast cancer indication approval in Israel, as we believe the growing body of evidence on cryoablation as a minimally invasive option for breast cancer supports accelerated commercial adoption," Shamir added. 

XSense™ is now approved in Israel for all indications for which ProSense^® has already received approval in Israel, including general surgery, dermatology, neurology, including cryoanalgesia, thoracic surgery, ENT (ear, nose, throat), gynecology, oncology (including benign and malignant breast tumors), proctology and urology.

About IceCure's Cryoablation Systems

IceCure's platform technology, including the ProSense® Cryoablation System and XSense™ Cryoablation System and CryoProbes, provides a minimally invasive treatment option to destroy tumors by freezing them. The systems uniquely harness the power of liquid nitrogen to create large lethal zones for maximum efficacy in tumor destruction in benign and cancerous lesions, including breast, kidney, lung, and liver.

IceCure's cryoablation systems enhance patient and provider value by accelerating recovery, reducing pain, surgical risks and complications. With easy, transportable design and liquid nitrogen utilization, ProSense® and XSense™ open the door to fast and convenient office-based procedure for breast tumors.

About IceCure Medical

IceCure Medical (NASDAQ: ICCM) develops and markets advanced liquid-nitrogen-based cryoablation therapy systems for the destruction of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally invasive technology is a safe and effective alternative to hospital surgical tumor removal that is easily performed in a relatively short procedure. The Company's flagship ProSense® system is marketed and sold worldwide for the indications cleared and approved to date including in the U.S., Europe and Asia.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statements in this press release when it discusses: the belief that the AMAR approval reaffirms IceCure's leadership position in liquid-nitrogen based cryoablation; the potential advantage of XSense; and the belief that the growing body of evidence on cryoablation as a minimally invasive option for breast cancer supports accelerated commercial adoption. Historical results of scientific research and clinical and preclinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among others: the Company's planned level of revenues and capital expenditures; the Company's available cash and its ability to obtain additional funding; the Company's ability to market and sell its products; legal and regulatory developments in the United States and other countries; the Company's ability to maintain its relationships with suppliers, distributors and other partners; the Company's ability to maintain or protect the validity of its patents and other intellectual property; the Company's ability to expose and educate medical professionals about its products; political, economic and military instability in the Middle East, specifically in Israel; as well as those factors set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2024 filed with the SEC on March 27, 2025, and other documents filed with or furnished to the SEC which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

IR Contact:
Email: investors@icecure-medical.com
Michael Polyviou
Phone: 732-232-6914

Logo: https://mma.prnewswire.com/media/2319310/IceCure_Medical_Logo.jpg

 

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SOURCE IceCure Medical

FAQ

What regulatory approval did IceCure Medical (NASDAQ: ICCM) receive in September 2025?

IceCure received regulatory approval from Israel's Ministry of Health (AMAR) for its next-generation XSense™ cryoablation system for breast cancer and multiple other medical indications.

What medical conditions can the XSense™ system treat?

The XSense™ system is approved for multiple indications including general surgery, dermatology, neurology, thoracic surgery, ENT, gynecology, oncology (including breast tumors), proctology, and urology.

How does IceCure's XSense™ cryoablation system work?

The XSense™ system uses liquid-nitrogen based cryoablation technology to destroy tumors by freezing them, offering a minimally-invasive alternative to surgical tumor removal.

When did the FDA approve IceCure's XSense™ system?

The XSense™ System and CryoProbes received FDA clearance in mid-2024 for all indications previously approved for their ProSense® system.

What are the benefits of IceCure's XSense™ cryoablation treatment?

The system offers minimally invasive treatment that can de-escalate cancer care, reduce treatment costs for payers, and accelerate patient recovery time compared to traditional surgery.