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Microbot Medical® Commences Full Market Release (FMR) of the LIBERTY® Endovascular Robotic System in the U.S. at the Society of Interventional Radiology (SIR) Annual Scientific Meeting

(Moderate)
(Very Positive)
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Microbot Medical (Nasdaq: MBOT) has commenced the full market release (FMR) in the U.S. of its LIBERTY® Endovascular Robotic System after a successful limited market release (LMR).

LIBERTY is the only FDA-cleared, single-use, remotely operated robotic system for peripheral endovascular procedures and has been adopted by leading systems including Emory Healthcare and Tampa General Hospital. The system has been used commercially for PAE, UFE, GAE, Y90 mapping and deliveries, and peripheral arterial interventions. Commercial footprint expanded from 4 to 8 sales territories with a goal of 12 territories by end of 2026.

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Positive

  • FDA-cleared single-use remotely operated robotic system
  • Adopted by leading hospitals including Emory Healthcare and Tampa General Hospital
  • Commercial use across multiple procedures: PAE, UFE, GAE, Y90 mapping/delivery, peripheral interventions
  • Sales footprint expanded from 4 to 8 territories; target of 12 territories by end of 2026

Negative

  • U.S. commercial footprint remains limited to 8 territories at present

News Market Reaction – MBOT

-9.27%
20 alerts
-9.27% Session close to close
+5.5% Peak Tracked
-5.9% Trough Tracked
$173.94M Market Cap
0.9x Rel. Volume

In the Apr 13 session, MBOT declined 9.27%, reflecting a notable negative market reaction. Argus tracked a peak move of +5.5% during that session. Argus tracked a trough of -5.9% from its starting point during tracking. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -9.3% in the session following this news. A negative reaction despite expansion to f...
Analysis

The stock moved -9.3% in the session following this news. A negative reaction despite expansion to full market release would fit a scenario where investors focus on funding needs over commercialization milestones. Recent filings highlight an at-the-market equity program and an active shelf structure, which can be viewed as dilutive when sentiment weakens. Past LIBERTY-related announcements generally saw modestly positive responses, so a sharp decline could represent a repricing of capital-structure or execution risks rather than a direct read-through on the product.

Key Figures

ATM program size: $39,230,691 Shares outstanding: 67,158,044 shares As-adjusted shares: 83,851,955 shares +5 more
8 metrics
ATM program size $39,230,691 Aggregate offering price under at-the-market equity program (424B5/8-K, Apr 10, 2026)
Shares outstanding 67,158,044 shares Common shares outstanding as of December 31, 2025 (424B5)
As-adjusted shares 83,851,955 shares Assumes ATM sale of illustrative shares at $2.35 (424B5)
Illustrative ATM shares 16,693,911 shares Hypothetical shares sold at $2.35 in ATM example (424B5)
Illustrative ATM price $2.35 per share April 8, 2026 closing price used in 424B5 example
ATM commission 3.0% of gross proceeds Sales agent commission under ATM program (424B5)
Sales territories pre-FMR 4 to 8 territories Sales footprint broadened from four to eight U.S. territories ahead of FMR
Territory goal 12 territories Target number of U.S. sales territories by end of 2026

Historical Context

5 past events · Latest: Mar 26 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 26 Clinical usage update Positive +3.6% Emory completes first robotic PAE and Y-90 mapping using LIBERTY.
Mar 24 Study publication Positive -0.8% ACCESS-PVI pivotal study published, reinforcing LIBERTY clinical evidence base.
Mar 17 Conference participation Positive +1.1% Roth Conference appearance to discuss LIBERTY commercialization and FMR plans.
Mar 10 Conference participation Positive +2.9% Oppenheimer MedTech conference participation to highlight LMR progress and growth drivers.
Mar 04 Policy alignment Positive +2.5% Company aligns LIBERTY with AMA’s new ionizing radiation protection policy.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent LIBERTY-related news has usually led to modest positive moves in the 1–4% range, with one small negative reaction, suggesting generally supportive but not explosive trading around updates.

Recent Company History

Over the last six weeks, MBOT has steadily advanced the LIBERTY® commercial story. News on Mar 4, 2026 tied the system to AMA radiation-safety policy, followed by conference participation updates on Mar 10 and Mar 17 to highlight limited market release progress. Clinical validation strengthened with ACCESS-PVI publication on Mar 24, and Emory’s first robotic PAE and Y-90 mapping on Mar 26 showcased real-world use. Today’s full market release announcement reflects the planned transition from limited release to broader commercialization.

Key Terms

endovascular, prostate artery embolization, uterine fibroid embolization, radioembolization, +4 more
8 terms
endovascular medical
"LIBERTY® Endovascular Robotic System, announced today that it has successfully..."
Endovascular describes medical procedures performed inside blood vessels using thin tubes, wires, and implantable devices guided by imaging—like repairing a broken pipe from the inside rather than opening the wall. It matters to investors because these less-invasive techniques can shorten hospital stays, lower complication rates and create demand for specialized devices and imaging equipment, so changes in adoption, regulation or reimbursement can materially affect healthcare company revenues and margins.
prostate artery embolization medical
"procedures, including Prostate Artery Embolization (PAE), Uterine Fibroid..."
Prostate artery embolization is a minimally invasive medical procedure that reduces blood flow to part of the prostate by injecting tiny particles into its arteries, causing targeted tissue shrinkage and symptom relief for urinary problems. For investors, it matters because it involves specialized devices, imaging equipment, and training that can drive demand for medical suppliers, affect hospital service lines and reimbursement decisions, and influence adoption rates for alternative treatments much like a new tool changing how craftsmen work.
uterine fibroid embolization medical
"including Prostate Artery Embolization (PAE), Uterine Fibroid Embolization (UFE)..."
A minimally invasive procedure that treats noncancerous growths in the uterus by threading a tiny tube into the blood vessels feeding the fibroids and releasing particles to block that blood flow, causing the growths to shrink. Investors care because it can shift care away from major surgery toward outpatient services and specialized devices, affecting demand for medical imaging, catheter equipment, hospitals, and reimbursement patterns much like a less-invasive alternative reshapes a market.
radioembolization medical
"sources such as CT-guided procedures and radioembolization, and radiation protection..."
A targeted cancer treatment that delivers tiny radioactive beads through the blood vessels directly into a tumor, where they lodge and emit radiation to kill cancer cells while sparing most healthy tissue; think of it as sending tiny mail carriers that drop off a focused dose only at the tumor site. Investors care because clinical trial results, regulatory approvals, device or therapy adoption, and reimbursement determine market size, revenue potential and regulatory or safety risk for companies involved.
at-the-market offering financial
"proposes an at-the-market offering to sell up to $39,230,691 aggregate..."
An at-the-market offering is a method companies use to sell new shares of stock directly into the open market over time, rather than all at once. This allows them to raise money gradually, similar to selling small pieces of a product instead of a large batch. For investors, it means the company can access funding more flexibly, but it may also increase the supply of shares and influence the stock’s price.
prospectus supplement regulatory
"proposes an at-the-market offering ... through ... under an amended sales agreement."
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
form s-3 regulatory
"under a shelf registration statement on Form S-3, using a prospectus..."
Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.
10-k regulatory
"[10-K] Microbot Medical Inc. Files Annual Report"
A 10-K is a comprehensive annual report a public company files with the U.S. Securities and Exchange Commission that summarizes its business, financial results, risks, legal issues, and management discussion. Investors use it like a company’s detailed yearly report card and instruction manual — it helps reveal how the company makes money, where it might face trouble, and the underlying numbers that support valuation and investment decisions.
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Successful Execution of the Limited Market Release (LMR) Includes Adoption by Globally Recognized Healthcare Systems in the U.S. Market and Demonstrates Broad Market Scalability in Key Endovascular Procedures

HINGHAM, Mass., April 13, 2026 (GLOBE NEWSWIRE) -- Microbot Medical Inc. (Nasdaq: MBOT), developer and distributor of the innovative LIBERTY® Endovascular Robotic System, announced today that it has successfully executed its limited market release (LMR) and will commence its full market release (FMR) in the U.S. as planned. To date, LIBERTY has been adopted by multiple healthcare systems with dozens of hospitals in their networks, including globally recognized hospitals such as Emory Healthcare and Tampa General Hospital. Microbot considers this achievement a reflection of the highly effective execution of the LIBERTY System’s LMR and positions the Company to commence the FMR of the LIBERTY System as originally planned, at the Society of Interventional Radiology (SIR) Annual Scientific Meeting, being held in Toronto, ON, Canada, from April 11-15.

The LIBERTY system is creating an entirely new category as the only FDA-cleared, single-use, remotely operated robotic system. It has been successfully used commercially across a variety of procedures, including Prostate Artery Embolization (PAE), Uterine Fibroid Embolization (UFE), Genicular Artery Embolization (GAE), Y90 mapping, Y90 deliveries, and peripheral arterial interventions. Physicians have highlighted LIBERTY’s precision, short learning curve, fast setup, the ability to use their preferred wires and catheters, as well as the potential to improve efficiency by reducing procedure time and number of instruments used to perform such procedures.

In preparation for the FMR, the Company has further enhanced its commercial team core capabilities by adding salespeople in key locations and broadening its sales footprint from four to eight sales territories, with a goal of having 12 territories across the U.S. by the end of 2026.

“We successfully achieved our goals for the limited market release of the LIBERTY System, including its adoption by leading hospitals across multiple peripheral procedures, giving us the momentum to commence, as planned, the full market release at the SIR conference,” commented Harel Gadot, Chairman, President & CEO. “It’s exciting to see the level of enthusiasm among our existing customers, first when they initially use LIBERTY, utilizing it across multiple procedures, and then as they expand it to other hospital sites within their network. The variety of case types shows the system’s flexibility, and its ease of use is generating high customer satisfaction. I also believe the level of customer adoption during the limited market release in such a short time further demonstrates a shorter sales cycle compared to traditional surgical robots, which is another key differentiator and one we believe will lead to accelerated adoption.”

SIR represents over 8,000 practicing interventional radiology physicians, trainees, medical students, scientists, and clinical associates. This will be the first opportunity for the Company to showcase the LIBERTY system at the conference, which features its primary addressable U.S. target market.

SIR, along with the Cardiovascular and Interventional Radiological Society of Europe (CIRSE) have recently adopted new guidelines, which were published in CardioVascular and Interventional Radiology (CVIR), and endorsed by at least eight other medical societies. These guidelines cover updated evidence, address new exposure sources such as CT-guided procedures and radioembolization, and radiation protection during pregnancy for female practitioners, as well as addresses musculoskeletal risks for interventional radiology staff. This follows a recent American Medical Association (AMA) policy adopted late last year to strengthen protections for health care professionals from occupational exposure to ionizing radiation.

“This year’s SIR conference is a pivotal moment for Microbot Medical, and the timing of the conference represents an optimal opportunity for our team to leverage the market feedback to commence the full market release of the LIBERTY System,” added Mr. Gadot. “Our targeted end users will be in attendance, and we plan to engage with them directly, enhancing our opportunities over the coming months as we broaden our presence in existing territories and expand into new ones.”

The Company plans to meet with physicians and other stakeholders, to showcase the LIBERTY system at booth #423, and to further educate physicians on the system’s full capabilities to accelerate market adoption in the U.S.

LIBERTY is the only FDA cleared, single-use, remotely operated robotic system for peripheral endovascular procedures. It is designed for precise vascular navigation while aiming to reduce radiation exposure and physical strain, addressing key clinical and operational challenges faced by interventional radiology teams.

About Microbot Medical

Microbot Medical Inc. (NASDAQ: MBOT) is a commercial stage medical device company focused on transforming endovascular procedures through advanced robotic technology. Microbot’s LIBERTY® Endovascular Robotic System is the world’s first FDA cleared single-use, remotely operated robotic solution designed for precision, efficiency and safety. Backed by a strong intellectual property portfolio and a commitment to innovation, Microbot is driving the future of endovascular care.

Learn more at www.microbotmedical.com and connect on LinkedIn and X.

Safe Harbor

Statements to future financial and/or operating results, future adoption of products, future growth in research, technology, clinical development, commercialization and potential opportunities for Microbot Medical Inc. and its subsidiaries, along with other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Any statements that are not historical fact (including, but not limited to statements that contain words such as “contemplates,” “continues,” “could,” “forecasts,” “intends,” “may,” “might,” “possible,” “potential,” “predicts,” “projects,” “should,” “would,” “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements involve risks and uncertainties, including, without limitation, market conditions, risks inherent in the commercialization of the LIBERTY® Endovascular Robotic System, and in the development of future versions of or applications for the system, uncertainty in the results of regulatory pathways and regulatory approvals, uncertainty resulting from political, social and geopolitical conditions, particularly any changes in personnel or processes or procedures at the FDA and announcements of tariffs on imports into the U.S., disruptions resulting from new and ongoing hostilities between Israel and the Palestinians, Iran and other neighboring countries, and maintenance of intellectual property rights. Additional information on risks facing Microbot Medical® can be found under the heading “Risk Factors” in Microbot Medical’s periodic reports filed with the Securities and Exchange Commission (SEC), which are available on the SEC’s web site at www.sec.gov. Microbot Medical® disclaims any intent or obligation to update these forward-looking statements, except as required by law.

Contacts:
IR@microbotmedical.com
Media@microbotmedical.com


FAQ

What did Microbot Medical (MBOT) announce at the SIR conference on April 13, 2026?

Microbot Medical announced commencement of the full market release (FMR) of LIBERTY in the U.S. According to the company, FMR follows a successful limited market release with adoption by major hospital systems and expanded commercial coverage.

Which hospitals adopted LIBERTY during Microbot Medical's limited market release (MBOT)?

LIBERTY has been adopted by multiple healthcare systems, including Emory Healthcare and Tampa General Hospital. According to the company, these adoptions demonstrate market scalability across hospital networks and procedure types.

What procedures has the LIBERTY system been used for commercially (MBOT)?

The system has been commercially used for PAE, UFE, GAE, Y90 mapping and deliveries, and peripheral arterial interventions. According to the company, physicians reported precision, fast setup, and use of preferred wires and catheters.

How has Microbot Medical (MBOT) expanded its commercial team and footprint for LIBERTY?

The company expanded its sales footprint from 4 to 8 territories and added salespeople in key locations, targeting 12 territories by end of 2026. According to the company, this supports FMR scaling across the U.S.

Why is the SIR Annual Scientific Meeting important for Microbot Medical (MBOT)?

SIR gathers the company’s primary U.S. target users and provides market feedback to support FMR. According to the company, SIR 2026 offered direct engagement with interventional radiology physicians and stakeholders.

What differentiates the LIBERTY system according to Microbot Medical (MBOT)?

LIBERTY is described as the only FDA-cleared, single-use, remotely operated robotic system for peripheral endovascular procedures. According to the company, it aims to reduce radiation exposure and physical strain while enabling precise navigation.