Stereotaxis Receives CE Mark Recertification Under EU’s MDR Regulatory Framework
May 24 2024 - 7:37AM
Stereotaxis (NYSE: STXS), a pioneer and global leader in surgical
robotics for minimally invasive endovascular intervention, today
announced that it has received CE Mark recertification under the
European Union’s new Medical Device Regulation (MDR) regulatory
framework. The recertification under MDR covers all Stereotaxis
devices currently available in Europe.
MDR (Regulation (EU) 2017/745) replaces the
former European Medical Device Directive, which had governed the
approval and marketing of medical devices in the EU. The new
regulation includes more stringent standards and requirements
across quality, clinical and post-market surveillance areas. It is
intended to create a robust regulatory framework for improved
clinical safety and market access for medical devices. Stereotaxis
has now received its updated EU Quality Management System
Certificate. This certificate shows that the Stereotaxis Quality
System is in accordance with MDR and that Stereotaxis’ products now
have a valid CE Mark under MDR. This MDR certification will support
regulatory clearances of upcoming innovations.
“This final step in the certification of our
products and quality systems under MDR is the culmination of
several years of diligent work by the Stereotaxis team,” said
Matthew Stepanek, Sr. Director of Regulatory Affairs, Quality &
Technical Writing. “We appreciate the collaboration with our
Notified Body in this entire process.”
“This is a reflection of Stereotaxis’ commitment
to high-quality devices, systems, and processes to ensure the best
possible experience for the patients and physicians that rely on
our technology,” said David Fischel, Chairman and CEO.
“Congratulations to all those at Stereotaxis who made this
possible.”
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 100,000 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, 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.
Company
Contacts: David
L. FischelChairman and Chief Executive Officer
Kimberly R.
Peery Chief
Financial Officer
314-678-6100Investors@Stereotaxis.com
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