Stereotaxis Concludes $18 Million Financial Arrangement With Biosense Webster (PR Newswire)
                   
yahoo.com     Jul 24, 2008            

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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Robotic Navigation Systems in Electrophysiology

emaxhealth.com     Sep 1, 2008   2 related          

Catheter ablation is still associated with a substantial amount of complications, and more failure then sometimes reported. Perforation with catheters is especially important in atrial fibrillation. Robotic navigation...                    

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Stereotaxis gets FDA approval for surgery device

ibtimes.com     Aug 27, 2008   3 related          

Medical device maker Stereotaxis Inc. said Wednesday the Food and Drug Administration approved its new guidewire device for use vascular surgery. The company's PowerAssert radiofrequency guidewire is used to position a...                    

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The Next ISRG ?

istockanalyst.com     Aug 20, 2008   1 related          

Intuitive Surgicals needs no introduction. The company's daVinci urgical robot is allowing the company to grow at a heady rate, and added to this, ISRG makes a gamut of disposable tools (which serve as the "working end" of the...                    

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Stereotaxis appoints COO to board (at bizjournals.com)

yahoo.com     Aug 8, 2008          

said Friday it appointed Michael Kaminski, president and chief operating officer, to its board. Kaminski, 48, joined Stereotaxis in April 2002 as its chief operating officer. Before that, he spent 20 years with Hill-Rom Co., a...                    

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