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Stereotaxis Concludes $18 Million Financial Arrangement With Biosense Webster (PR Newswire)

                   
yahoo.com
Jul 24, 2008
        
Story Timeline:  75 days

Thursday July 24, 4:10 pm ET U.S. and Europe Magnetic Irrigated Catheter Regulatory Filings Completed Ahead of Schedule ST. LOUIS, July 24 /PRNewswire-FirstCall/ -- Stereotaxis, Inc. (Nasdaq: STXS - News ), announced today that it has amended its collaboration with Biosense Webster, Inc., Stereotaxis' partner in the development of ablation catheters used with its Niobe Magnetic Navigation System. Under the terms of the amended agreement, Biosense Webster will provide Stereotaxis a total of $18 million, comprised of advances against royalties on catheter sales and deferrals of ongoing research and development costs in connection with current and future products. The two companies have also agreed to co-promote and expand Stereotaxis' Odyssey Network, by granting Biosense Webster non-exclusive rights to use the Stereotaxis... [read full story]                    

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Latest article on this story:

Stereotaxis Amends Biosense Financing Deal

 tmcnet.com Jul 25, 2008
First article on this story:

Stereotaxis Concludes $18 Million Financial Arrangement With Biosense Webster

 prnewswire.com Jul 24, 2008
Selected publications with coverage of this story:
prnewswire.com biospace.com yahoo.com tmcnet.com
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Stereotaxis Amends Biosense Financing Deal

tmcnet.com
Jul 25, 2008
        

July 25, 2008 (FinancialWire) Stereotaxis, Inc. (NASDAQ: STXS) (Current Market Cap: US$246.58 Mil.) t has amended its collaboration with Biosense Webster, Inc., Stereotaxis' partner in the development of ablation catheters used...

Stereotaxis inks $18M deal with Biosense Webster (at bizjournals.com)

yahoo.com
Jul 25, 2008
        

St. Louis Business Journal - by , its partner in the development of ablation catheters used with its magnetic navigation system. Diamond Bar, Calif.-based Biosense Webster will pay Stereotaxis $18 million, comprised of advances...

                   

Stereotaxis, Inc. Concludes $18 Million Financial Arrangement With Biosense Webster

biospace.com
Jul 25, 2008
        

ST. LOUIS, July 24 /PRNewswire-FirstCall/ -- Stereotaxis, Inc. , announced today that it has amended its collaboration with Biosense Webster, Inc., Stereotaxis' partner in the development of ablation catheters used with its...