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StemCells, Inc. and Microbot Medical Ltd. Announce Strategic Merger

August 16, 2016 9:14 AM EDT

NEWARK, Calif. and YOKNEAM, Israel, Aug. 16, 2016 (GLOBE NEWSWIRE) -- StemCells, Inc. (NASDAQ: STEM) and Microbot Medical Ltd., a private company organized under the laws of the State of Israel (Microbot), today announced that they have entered into a definitive merger agreement, with plans to pursue the development of robotics based medical devices for the treatment of cerebrospinal fluid and gastrointestinal disorders, as well as other conditions.   

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