Stereotaxis announces successful procedures at Erasmus MC using the Genesis Robotic Magnetic Navigation System for arrhythmia treatment.
Quiver AI Summary
Stereotaxis, a leader in surgical robotics for minimally invasive interventions, announced the successful use of its Genesis Robotic Magnetic Navigation System by physicians at Erasmus University Medical Center in Rotterdam, marking the system's debut in the Netherlands. Dr. Sing-Chien Yap praised the system for its speed and improved capabilities in treating arrhythmias, particularly for complex cases and pediatric patients. Erasmus MC has a strong track record, having performed over 4,500 procedures with Stereotaxis technology. Stereotaxis CEO David Fischel expressed enthusiasm for the ongoing partnership with Erasmus in advancing robotic technology and improving patient care. The Genesis System advances robotic navigation, addressing the needs of millions suffering from arrhythmias globally.
Potential Positives
- Announcement of successful first procedures using the Genesis Robotic Magnetic Navigation System at Erasmus University Medical Center, indicating effective implementation and trust in Stereotaxis technology.
- Partnership with a reputable institution like Erasmus MC, which has a history of performing over 4,500 procedures with Stereotaxis technology, enhances credibility and showcases the company's leadership in surgical robotics.
- The Genesis System is positioned as an advanced solution in robotic magnetic navigation, reinforcing Stereotaxis's commitment to innovation in minimally invasive therapies for arrhythmias.
- Potential for expanding patient care to diverse populations, including those with complex arrhythmias and congenital heart disease, indicating Stereotaxis's role in improving healthcare accessibility and outcomes.
Potential Negatives
- The press release includes extensive forward-looking statements that highlight significant risks and uncertainties, which may raise concerns among investors about the company's future performance and market acceptance of its products.
- The mention of potential challenges such as changes in healthcare policy and dependence on third-party vendors suggests vulnerabilities in the company’s operational stability and adaptability.
- The statement regarding the inability to assure revenue recognition from purchase orders may indicate potential weaknesses in revenue forecasting and financial planning.
FAQ
What is the Genesis Robotic Magnetic Navigation System?
The Genesis Robotic Magnetic Navigation System is an advanced technology used for robotic precision in cardiac ablation procedures.
Which medical center first used the Genesis system?
Erasmus University Medical Center in Rotterdam, The Netherlands, was the first to use the Genesis robotic system for cardiovascular patients.
What are the benefits of robotic magnetic navigation?
Robotic magnetic navigation enhances precision and safety during cardiac ablation, helping treat arrhythmias effectively with minimally invasive techniques.
How many procedures has Erasmus MC performed using Stereotaxis technology?
Erasmus MC has performed over 4,500 procedures utilizing Stereotaxis robotic magnetic navigation technology for arrhythmias.
What is Stereotaxis's mission?
Stereotaxis's mission is to discover, develop, and deliver robotic systems and solutions that enhance interventional lab productivity and patient care.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
ST. LOUIS, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Stereotaxis (NYSE: STXS), a pioneer and global leader in surgical robotics for minimally invasive endovascular intervention, today announced successful first procedures by physicians at Erasmus University Medical Center in Rotterdam, The Netherlands, using the advanced Genesis Robotic Magnetic Navigation System.
“We have long recognized the clinical benefits of robotics, and are delighted to be the first in The Netherlands to make the Genesis robotic system available to cardiovascular patients,” said Dr. Sing-Chien Yap, Director of Electrophysiology at Erasmus Medical Center. “We are impressed with the speed and responsiveness of Genesis. Combined with the MAGiC Catheter we are particularly pleased with the synergistic additive improvements to robotic magnetic navigation. These technological advances are important in ensuring we can offer the best care to all arrhythmia patients, including children, patients with congenital heart disease, and patients with complex arrhythmia.”
Erasmus MC has been a global leader in using robotic magnetic navigation for complex arrhythmia procedures, having performed over 4,500 procedures with Stereotaxis technology. The Genesis System is the latest advancement in Robotic Magnetic Navigation technology. Robotic Magnetic Navigation introduces the benefits of robotic precision and safety to cardiac ablation, a common minimally invasive procedure to treat arrhythmias. Tens of millions of individuals worldwide suffer from arrhythmias – abnormal heart rhythms that result when the heart beats too quickly, too slowly, or with an irregular pattern. When left untreated, arrhythmia may significantly increase the risk of stroke, heart failure, and sudden cardiac arrest.
“We appreciate our long-term partnership with the electrophysiology team at Erasmus,” said David Fischel, Stereotaxis Chairman and CEO. “We look forward to continuing to support their successful robotic program and working together to advance technological progress, scientific discovery, and clinical care.”
About Stereotaxis
Stereotaxis (NYSE: STXS) is a pioneer and global leader in innovative surgical robotics for minimally invasive endovascular intervention. Its mission is the discovery, development and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide unsurpassed patient care with robotic precision and safety, expand access to minimally invasive therapy, and enhance the productivity, connectivity, and intelligence in the operating room. Stereotaxis technology has been used to treat over 150,000 patients across the United States, Europe, Asia, and elsewhere. For more information, please visit
www.stereotaxis.com
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe”, "estimate”, "project”, "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially. Factors that would cause or contribute to such differences include, but are not limited to, the Company's ability to manage expenses at sustainable levels, acceptance of the Company's products in the marketplace, the effect of global economic conditions on the ability and willingness of customers to purchase its technology, competitive factors, changes resulting from healthcare policy, dependence upon third-party vendors, timing of regulatory approvals, the impact of pandemics or other disasters, statements relating to our recent acquisition of APT, including any benefits expected from the acquisition, and other risks discussed in the Company's periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. There can be no assurance that the Company will recognize revenue related to its purchase orders and other commitments because some of these purchase orders and other commitments are subject to contingencies that are outside of the Company's control and may be revised, modified, delayed, or canceled.
Stereotaxis Contacts:
David L. Fischel
Chairman and Chief Executive Officer
Kimberly Peery
Chief Financial Officer
314-678-6100
[email protected]