Check Cap Ltd is a clinical-stage medical diagnostics company. The Company is engaged in the development of an ingestible imaging capsule that utilizes low-dose X-rays for the screening for colorectal cancer (CRC). The Company�s imaging capsule is designed to ingest without any cleansing of the colon and to travel through the gastrointestinal tract naturally. The Company�s imaging capsule consists of an X-ray source and several X-ray detectors. The Company�s imaging capsule is designed to create a reconstructed three-dimensional (3D) image of the colon and to enable detection of clinically polyps. The Company has also designed a Capsule Positioning System (CPS) for a complete view of capsule positioning and motility, which is mounted on the patient�s back throughout the entire procedure. The CPS is designed to provide the physician with localization data aligned with a reconstructed image.