Microbot Medical Inc (NASDAQ:MBOT), which happens to be one of the top and trusted medical device companies that specialize in the design as well as the development of transformational micro-robotic medical technologies has made the much awaited announcement.
It today went ahead to outline that the Canadian Intellectual Property Office had indeed granted patent No. 2, 803, 0462, and thus covering the provider’s Self-Cleaning Shunt (SCS™).
The CEO, President and Chairman of Microbot Medical Inc, Harel Gadot while speaking to a number of top news reporters said, “This patent continues to strengthen our IP for the self-cleaning shunt platform and complements the forthcoming US patent that was allowed earlier in the year. These and other patents in our portfolio allow us to position the Company to enter additional sizeable markets while leveraging the use of our transformational technology,”
The top end company continues to showcase great dedication to actually move ahead with making significant progress towards providing a major lift to the development of its initial SCS product, which majorly targets the Ventriculoperitoneal (VP) Shunts space.
Microbot Medical Inc recognizes the great need to move on and address the large unmet markets with its high end technology platforms. The company is at the moment focusing on growing its transformational micro-robotic technologies and promises to uphold as well as strengthen its IP portfolio as well.
This particular patent is known to usually cover an inlet head for use on shunts, such as Ventriculoperitoneal (VP) Shunts, that get implanted in a wide range of the Hydrocephalus patients for draining excess cerebrospinal fluid (CSF).
The inlet head comprises of a cleaning element installed inside the tube and a particular tube with openings disposed in its wall. The working is such that the mutual vibratory motion that exists between the tube and the cleaning element maintains the openings clear and as a result preventing the shunt occlusion.
While addressing a recent board meeting, of the company’s top executives said that they were proud that amid the various challenges they had encountered in the past, they were moving forward. He added that they had plans underway that they were sure were going to help them soar high in terms of achieving business success.
