COMPUTERIZED AID IN HEART SURGERYCOMPUTERIZED AID IN HEART SURGERYWhat draws attention to Stereotaxis stereotaxis /ster·eo·tax·is/ (-tak´sis) 1. stereotactic surgery. 2. thigmotaxis. ster·e·o·tax·is or ster·e·o·tax·y n. 1. (STXS) isn't just the odd name but its computerized system used in minimally invasive cardiac arrhythmia cardiac arrhythmia n. See cardiac dysrhythmia. Cardiac arrhythmia An irregular heart rate or rhythm. Mentioned in: Holter Monitoring, Stress Test cardiac arrhythmia surgery. Its Niobe System uses computer screen images to steer catheters and guidewires through blood vessels Blood vessels Tubular channels for blood transport, of which there are three principal types: arteries, capillaries, and veins. Only the larger arteries and veins in the body bear distinct names. and heart chambers. Siemens and Philips are Stereotaxis' marketing partners, and Johnson & Johnson provides catheters for Niobe, which Stereotaxis sees becoming the standard in heart surgery. The stock, now at 4.12, down from 14 in 2007 (when sales were at $37 million vs. 2009's estimated $50.3 million), is a buy on an "anticipated ramp-up in new Niobe orders" in coming quarters, says Mimi Pham of Soleil Securities, who has a year's target of 7. Tao Levy of Deutsche Bank, also bullish, says Niobe will benefit from an expected rise in hospitals' capital outlays. Note: Unless otherwise noted, neither the sources cited in Inside Wall Street nor their firms hold positions in the stocks under discussion. Similarly, they have no investment banking or other financial relationships with them.
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