As noted, Stereotaxis’ technology is designed to enable patients to have access to important future interventional treatments that are currently unavailable or so complex that only a small number of physicians and hospitals provide such treatments with conventional methods. These include atrial fibrillation ablation, cardiac resynchronization therapy and treatment of multi-vessel and other complex coronary artery disease, including chronic total occlusions, or CTOs, that comprise chronically and fully blocked coronary arteries.
Stereotaxis’ computerized procedures utilize the technology of magnetics to allow the physician to have precise control of the tip of a magnetized catheter or guidewire and to allow the physician fully integrated access to the range of important imaging and other information tools that are used in interventional procedures. We believe that our technology addresses substantial limitations imposed by conventional manual technology on the effective, safe and efficient delivery of treatment to cardiology patients. Our technology may also enable patients who would otherwise be referred to highly invasive coronary artery bypass surgery to be treated through computerized interventional procedures. Further, we believe our technology has the potential to enable curative interventional treatments to patients suffering from atrial fibrillation or other arrhythmias who would otherwise have to rely on non-curative drug therapy that may only partly addresses their symptoms.