INSIGHTEC MR-Guided Focused Ultrasound Receives Reimbursement from Japanese Ministry of Health, Labour and Welfare for the Treatment of Parkinson's Disease

HAIFA,Israel and MIAMI,Sept. 2,2020 -- INSIGHTEC®,a global medical technology innovator of incisionless surgery,today announced that it has received national reimbursement from the Japanese Ministry of Health,Labour and Welfare (MHLW) for treating Parkinson's Disease.

Parkinson's Disease is a progressive neurodegenerative disorder with an incidence in Japan of 1 in 100 people above the age of 60,based on a survey conducted by MHLW. INSIGHTEC's Exablate®Neuro uses focused ultrasound waves to precisely target and ablate tissue deep within the brain with no incisions. The treatment is performed under Magnetic Resonance Imaging (MRI) guidance for real-time treatment monitoring.

"Parkinson's Disease patients now have a new incisionless surgical treatment option,focused ultrasound," commented Professor Takaomi Taira,Director of Stereotactic and Functional Neurosurgery,Department of Neurosurgery,Tokyo Women's Medical University (TWMU),Tokyo,Japan. "Using focused ultrasound we can precisely target and treat the brain regions which contribute to improvements of the patient's symptoms."

Exablate Neuro is approved for targeting the thalamus for treating Tremor-dominant Parkinson's Disease,and the globus pallidum for treating advanced Parkinson's Disease in patients suffering from mobility,rigidity,or dyskinesia symptoms.

"Japan is the first country in the world to cover focused ultrasound for Parkinson's Disease with nationwide public health insurance," commented Maurice R. Ferré MD,INSIGHTEC CEO and Chairman of the Board of Directors. "This is a major milestone for patients with Parkinson's Disease across Japan."

The Exablate Neuro device received MHLW approval for the treatment of medication-refractory essential tremor andNational Health Insurance coverage in June 2019 and received a pre-market approval (PMA) for the treatment of Parkinson's Disease in January 2020. There are currently 12 medical institutions in Japan performing the MR-guided focused ultrasound treatment for essential tremor on a routine basis.

"This extended coverage by the National Health Insurance provides an incisionless treatment option for Parkinson's Disease patients," said Yair Bauer,Country Manager,INSIGHTEC Japan. "This adds to the existing coverage for treatment of tremor from essential tremor and Parkinson's Disease," he added

About INSIGHTEC Japan K.K.

INSIGHTEC Japan K.K. is a subsidiary of INSIGHTEC LTD. The company is the regulatory market approval holder of Exablate Neuro (Exablate 4000) and its distributor in Japan. Founded in 2005,its mission is to provide focused ultrasound treatments for neurosurgery and women's health indications,in order to significantly improve the quality of life for patients in Japan. For more information please visit: www.insightec.com/JP

About INSIGHTEC

INSIGHTEC is a global medical technology innovator transforming patient lives through incisionless brain surgery with MR-guided focused ultrasound. Research for future applications in the neuroscience space is underway in partnership with leading academic and medical institutions. INSIGHTEC is headquartered in Haifa,Israel,and Miami,with offices in Dallas,Shanghai and Tokyo.

For more information,please visit: www.insightec.com

Logo: https://mma.prnasia.com/media2/1120780/Insightec_Logo.jpg?p=medium600

Contact: Lyndsay Isaksen,917-595-3032,lisaksen@gscommunications.com