Catheter Precision, Inc.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Company Description
- CEO
- David A. Jenkins
- Full Time Employees
- 17
- Sector
- Healthcare
- Industry
- Medical - Devices
- Address
- 1670 Highway 160 West Fort Mill SC United States of America 29708
- IPO Date
- Sep 27, 2018
- CIK
- 0001716621
- Website
- catheterprecision.com
- Similar Companies
- Business
- Catheter Precision, Inc. designs, manufactures, and sells advanced medical devices focused on the cardiac electrophysiology market. Its core products include the VIVO™ non-invasive 3D cardiac mapping system that aids in localizing the origin of idiopathic ventricular arrhythmias in patients with structurally normal hearts, and the LockeT suture retention device, which facilitates secure suture retention and removal in clinical settings. The company’s proprietary MAMMOTH™ electrophysiology catheter system offers real-time 3D visualization of the catheter tip, enhancing precision and safety during cardiac procedures. Catheter Precision targets healthcare providers and institutions specializing in cardiac care, operating primarily in the United States with expanding presence in international markets including Central and Eastern Europe. Founded in 2002 and headquartered in Fort Mill, South Carolina, Catheter Precision recently secured a significant tender with Albert Szent-Györgyi Health Centre (Szeged University Hospital) in Hungary, marking a strategic expansion into Central European markets. It has also received first purchase orders from hospitals in Croatia and increased orders within the U.S., notably from Eisenhower Medical Center, UCLA Medical Center, and Rady Children’s Hospital in California, supporting the national launch of its LockeT device. The company completed the acquisition of Cardionomic’s heart failure assets, which includes the CPNS system targeting heart failure treatment. These developments underscore Catheter Precision’s focus on broadening its product portfolio while growing its commercial footprint and clinical team internationally. Catheter Precision operates within the medical device industry, specifically in electrophysiology and cardiac intervention segments. It emphasizes innovation, safety, and efficiency in its technologies designed to improve patient outcomes in cardiac arrhythmia interventions. The company is publicly listed on the NYSE American exchange under the ticker VTAK and maintains a workforce of approximately 20-50 employees. Its strategic initiatives in the last 1-2 years include product launches, expanded sales and clinical teams, international tender wins, and targeted acquisitions to enhance its offerings and market reach. This comprehensive product and operational strategy positions Catheter Precision, Inc. as a growing player in the global cardiac electrophysiology device market with a commitment to delivering innovative solutions that advance the standard of patient care.
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