Press Releases August 27, 2026 08:00 AM

Catheter Precision Achieves Major Commercial Milestones with Cardinal Health, Johns Hopkins and the placement of the First VIVO System in Germany

Catheter Precision Gains Strategic Distribution and Premier Hospital Adoption, Expands European Presence with VIVO System Deployment in Germany

By Jordan Park
Share
Twitter Reddit Facebook LinkedIn
VTAK

Catheter Precision, Inc. announced key commercial milestones including its first purchase order through Cardinal Health, an extensive U.S. healthcare distributor, and the first order from Johns Hopkins Hospital for its LockeT suture retention device. Additionally, the company has placed its VIVO 3D Imaging System with a hospital in Germany, marking expansion into one of Europe's largest electrophysiology markets. These achievements are seen as solid validation of the clinical value and growing commercial adoption of Catheter Precision's cardiac electrophysiology product portfolio.

Catheter Precision Achieves Major Commercial Milestones with Cardinal Health, Johns Hopkins and the placement of the First VIVO System in Germany
VTAK
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Catheter Precision secured its first LockeT order through Cardinal Health, providing access to approximately 90% of U.S. hospitals, significantly broadening distribution channels in the healthcare sector.
  • Premier academic medical center Johns Hopkins Hospital placed its first LockeT order, validating clinical acceptance within a top-tier institution, highlighting the device’s clinical credibility.
  • The company's VIVO 3D Imaging System was placed for the first time with a hospital in Germany, indicating successful international expansion into a major European electrophysiology market, impacting global medical device outreach and adoption.

Received First LockeT Purchase Order Through Cardinal Health which serves approximately 90% of U.S. Hospitals though its Medical Products business 

Johns Hopkins Hospital, a world-renowned academic medical center, Places First Order for LockeT, VTAK’s suture retention device

Places its first VIVO 3D Imaging System with a hospital in Germany, one of the largest electrophysiology markets in Europe.

FORT MILL, S.C., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Catheter Precision, Inc.’s (NYSE American: VTAK) medical device business unit specializing in cardiac electrophysiology solutions, today announced significant commercial growth across its LockeT and VIVO product lines, marked by new U.S. distribution channels, premier hospital adoption, and international expansion.

Key Commercial Highlights:

  • Cardinal Health Strategic Reach: Catheter Precision received its first purchase order for LockeT via Cardinal Health. As one of the nation's largest distributors—servicing roughly 90% of U.S. hospitals—Cardinal Health provides LockeT a massive streamlined supply chain network across the U.S. healthcare market.
  • Johns Hopkins Adoption: The Company secured its first purchase order for LockeT from Johns Hopkins in Baltimore MD, validating the clinical value of the device within one of the world's premier academic medical institutions.
  • German VIVO System Placement: Expanding its European footprint, Catheter Precision signed a new placement contract for its VIVO System in Germany, continuing its strategy to grow international use.

"These achievements highlight tangible progress across both our LockeT and VIVO product portfolios," said David Jenkins, Chief Executive Officer of Catheter Precision. "Securing our first Cardinal Health order grants us immediate access to an extensive domestic distribution network to drive broader market adoption. Concurrently, our milestone order with Johns Hopkins validates our clinical offering, while our new VIVO contract in Germany underscores steady international demand."

Jenkins added, "We are beginning to realize the returns on our commercial infrastructure investments. Our focus remains on driving multi-channel growth through expanded U.S. distribution, direct enterprise hospital relationships, and targeted international expansion. Catheter Precision remains committed to scaling its global footprint across top-tier health systems, physicians, and global distribution partners.”

About Catheter Precision, Inc.
Catheter Precision, Inc. (NYSE American: VTAK) is an innovative medical device company focused on developing breakthrough solutions for cardiac electrophysiology procedures. Its core product portfolio includes the VIVO™ system, a non-invasive 3D imaging platform designed to assist electrophysiologists in mapping cardiac arrhythmias, and LockeT, a suture retention device designed to assist in vascular closure post-procedure.

About LockeT
Catheter Precision’s LockeT® is a suture retention device indicated for wound healing by distributing suture tension over a larger area in conjunction with standard-of-care closure techniques. LockeT is intended to temporarily secure sutures and aid clinicians in locating and removing sutures efficiently. LockeT is a sterile Class I product registered with the FDA and has received CE Mark approval.

About VIVO
Catheter Precision’s VIVO™ (View Into Ventricular Onset) is a non-invasive 3D imaging system that enables physicians to identify the origin of ventricular arrhythmias prior to an electrophysiology procedure, potentially streamlining procedural workflow. VIVO has received marketing clearance from the U.S. FDA and carries the CE Mark.

About Catheter Precision
Catheter Precision, Inc. (NYSE American: VTAK) is an innovative U.S.-based medical device company focused on developing and commercializing technologies designed to improve the treatment of cardiac arrhythmias. The Company’s primary commercial products include the VIVO System and LockeT.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Forward-looking statements include statements regarding the potential commercial adoption of LockeT and VIVO, expansion of distribution channels, future product sales, hospital adoption, international expansion and the potential impact of the Company’s commercial strategy. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are encouraged to review the Company’s filings with the Securities and Exchange Commission, including its Forms 10-K and 10-Q, for additional information regarding these risks.

Contact
Investor Relations
[email protected]
973-691-2000


Risks

  • Commercial adoption depends on the successful integration with new distribution partners such as Cardinal Health, and any delays or difficulties could impede sales growth in the healthcare supply chain sector.
  • There is inherent uncertainty regarding the pace and scale of hospital adoption including with top-tier institutions like Johns Hopkins, potentially affecting revenue projections in the medical devices sector.
  • International expansion, exemplified by the German VIVO system placement, carries risks related to foreign regulatory environments, reimbursement policies, and market acceptance, which could limit growth prospects in the global healthcare market.

More from Press Releases

Edible Garden Awarded New Target Fresh Herb Program for Peak Holiday Season Aug 27, 2026 Biomerica Announces $2.23 Million Financing Aug 27, 2026 Bond Signs Definitive Citywide Agreement to Protect 10,000 Jerusalem Municipal Workers Aug 27, 2026 Debt Settlement Enrollment Linked to Greater Credit Score Declines Than Bankruptcy, New TransUnion Research Finds Aug 27, 2026 ZenaTech Named 2026 “Drone Technology of the Year” Winner by AgTech Breakthrough Awards for Its ZenaDrone Precision Agriculture Solutions Aug 27, 2026