Stereotaxis (NYSE: STXS) today reported second-quarter revenue that missed Wall Street projections, with the surgical robotics company unable to say how quickly revenue will pick up. Investors reacted by sending STXS shares down more than 18% to $2.10 apiece by late afternoon trading today. The St. Louis–based company lost $5.1 million, or 7¢ per share, […]
Stereotaxis
Intuitive, Acutus Medical veterans join Stereotaxis
Stereotaxis (NYSE:STXS) announced today that it appointed two new vice presidents who both have extensive industry experience. Frank Van Hyfte will join the St. Louis–based surgical robotics company as VP of Europe, the Middle East and Africa, and Tim Glynn will join as VP of market development. Van Hyfte previously spent more than 15 years […]
Stereotaxis opens new headquarters in St. Louis
Surgical robotics company Stereotaxis (NYSE: STXS) is holding a grand opening today for its 45,000 ft² headquarters facility in downtown St. Louis. The new headquarters is located in the renovated historic Globe Building in St. Louis’s growing Downtown North Urban Insight District. It’s an all-in-one facility housing research and development, advanced manufacturing, and distribution space […]
Study: Stereotaxis robotic technology reduces silent cerebral embolism during AFib ablation
Stereotaxis announced the positive results from a study of its robotic magnetic navigation system in atrial fibrillation ablation. The multi-center, prospective study evaluated 166 patients with paroxysmal or persistent AFib who underwent pulmonary vein isolation using Stereotaxis’ robotic magnetic navigation (RMN) technology or manual contact force ablation catheters. All patients on the study received cerebral […]
Stereotaxis forms partnership to advance electrophysiology robotics in China
Stereotaxis this week announced it has forged a broad collaboration with Shanghai Microport EP Medtech to advance technology innovation and commercial adoption of electrophysiology robotics in China. The agreement combines MicroPort EP’s commercial and product expertise in China’s electrophysiology market and Sterotaxis’s Robotic Magnetic Navigation technology. Through the collaboration, MicroPort EP will be the exclusive […]
Stereotaxis up on Street-beating Q4 results
Shares of Stereotaxis (NYSE:STXS) shot up in morning trading today after the robotic surgery company reported Street-beating Q4 results and predicted double-digit revenue growth this year. The St. Louis–based company, creator of robotic technologies for the treatment of cardiac arrhythmias, reported a loss of –$1.18 million, or –2¢ share, on sales of $6.82 million for the […]
12 surgical robotics companies you need to know
Surgical robotics remains a hot area in medtech — even as it faces headwinds from the COVID-19 pandemic. Intuitive Surgical (NSDQ:ISRG) pioneered robotic surgery through the early 2000s and remains the dominant player, but major companies including Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) have big plans to enter the space and compete. Meanwhile, Stryker (NYSE:SYK) has built a […]
Stereotaxis raises $15m
Stereotaxis (NYSE:STXS) announced that it entered into a securities purchase agreement to issue common stock for net proceeds of approximately $15 million. St. Louis, Mo.-based Stereotaxis said in a news release that the agreement with certain funds managed by Consonance Capital Management will see it issue approximately 3.66 million shares of common stock at $4.10 per […]
Dexcom adds COO to CFO Blackford’s title | Personnel Moves, September 19, 2019
Dexcom (NSDQ:DXCM) this week added the COO role to CFO Quentin Blackford’s title. Blackford is now in charge of Dexcom’s global supply chain, manufacturing operations and expansion into new markets, the San Diego-based company said. He’s been CFO of the continuous glucose monitor maker since 2017, when he left the chief finance spot at NuVasive (NSDQ:NUVA). […]
Stereotaxis uplists to the New York Stock Exchange
Stereotaxis (NYSE:STXS) said earlier this week that its common stock has been approved for listing on the NYSE American exchange. After the company’s common stock ceased trading on the OTCQX when the market closed yesterday, it began trading on the NYSE at the open of trading today, under the same “STXS” symbol. The St. Louis, […]
Stereotaxis launches Genesis RMN robotic nav/imaging device, inks dev deal with Osypka, posts Q1 earnings
Stereotaxis (NSDQ:STXS) today released a slew of news including the launch of its Genesis RMN robotic navigation and imaging device, a collaborative deal with Osypka AG and its first quarter earnings. The St. Louis, Mo.-based company said that its Stereotaxis Genesis RMN is a next-gen robotic magnetic navigation system that uses smaller magnets designed to rotate along […]
