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First US Commercial Robotic HD Mapping Procedures Successfully Completed with MAGiC Sweep Catheter

Key Takeaway: Stereotaxis has successfully completed the first procedures using the MAGiC Sweep catheter, a robotic high-density electrophysiology mapping tool. Conducted by Dr. Raffaele Corbisiero and Dr. Pedram Kazemian at Deborah Heart and Lung Center, the procedures demonstrated the catheter's effectiveness in mapping complex cardiac anatomy. Following FDA clearance, Stereotaxis has begun its commercial launch in the U.S. and is seeking regulatory approval in Europe.
Price reaction · baseline $2.88 (2025-08-29 close) · hit pre-market · clean, no other STXS news in the window
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-5.9%
day 1
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Market Sentiment Analysis

POSITIVE FACTORS

  • Successful completion of the first robotic high-density mapping procedures.
  • MAGiC Sweep catheter shows promise in improving arrhythmia diagnosis and treatment.
  • Positive feedback from leading electrophysiologists on catheter performance.
  • Commercial launch initiated following FDA clearance.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~8 mo
Medium dilution risk
Lead asset
Vdrive Lasso navigation, Manual Lasso navigation
Phase 3 · Atrial Fibrillation

Full Press Release Details

ST. LOUIS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Stereotaxis (NYSE: STXS), a pioneer and global leader in surgical robotics for minimally invasive endovascular intervention, today announced the successful completion of the world’s first procedures using MAGiC Sweep™, the first and only robotically-navigated high-density electrophysiology (EP) mapping catheter. The procedures were performed by Dr. Raffaele Corbisiero and Dr. Pedram Kazemian at Deborah Heart and Lung Center in Browns Mills, New Jersey.
“We’re excited to be the first to demonstrate the value of robotic high-density mapping and to offer this important innovation to our patients,” said Dr. Corbisiero, Chief of Electrophysiology at Deborah Heart and Lung Center. “The ability to create a more accurate, detailed map of complex anatomy is important in diagnosing and treating arrhythmias. We have been impressed with the catheter during our experience mapping several different arrhythmias in the atria and ventricles.”
“Navigating MAGiC Sweep to any desired cardiac location was easy, the catheter maintained stable contact with cardiac tissue, electrogram signals were very clear, and the catheter caused no ectopy in the ventricle,” added Dr. Kazemian, Program Director of EP Fellowship at Deborah Heart and Lung Center. “This is a significant leap forward for the community of robotic electrophysiologists and we look forward to the positive impact its expanded use will have on our patients and the EP field.”
Stereotaxis has initiated commercial launch of MAGiC Sweep in the United States following recent FDA clearance of the catheter. MAGiC Sweep has been submitted for regulatory clearance in Europe.
About StereotaxisStereotaxis (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 visitwww.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. FischelChairman and Chief Executive Officer

Frequently Asked Questions

What is the MAGiC Sweep catheter?

The MAGiC Sweep is the first robotically-navigated high-density electrophysiology mapping catheter.

Where were the first procedures performed?

The first procedures were performed at Deborah Heart and Lung Center in New Jersey.

What are the benefits of using MAGiC Sweep?

It provides accurate mapping of complex cardiac anatomy, aiding in arrhythmia diagnosis and treatment.

Has MAGiC Sweep received regulatory approval?

Yes, it has received FDA clearance and is also submitted for regulatory clearance in Europe.

Last updated: Sep 2, 2025