STOCK TITAN

Catheter Precision Announces the Start of Enrollment for the LockeT Compare Study

(Neutral)
Tags

Catheter Precision (NYSE:VTAK) has initiated enrollment in the LockeT Compare Study, with the first three patients already enrolled. This single-center, physician-initiated study aims to evaluate the safety profile of the LockeT suture retention device compared to internal closure devices.

The study will enroll up to 100 patients and focuses on addressing groin complications after cardiac catheter procedures. Previous clinical data for LockeT has demonstrated safety, effectiveness, and cost reduction benefits while maintaining existing hospital workflows. The device creates hemostasis externally and may potentially reduce thrombotic episodes compared to internal closure mechanisms.

Loading...
Loading translation...

Positive

  • Initial enrollment of first three patients successfully completed
  • Study will provide comparative safety data for LockeT device
  • Previous clinical data shows product is safe and reduces procedural costs
  • Device maintains existing hospital workflows without requiring changes

Negative

  • Study limited to single center
  • Complete enrollment of 100 patients still pending

News Market Reaction – VTAK

-1.32%
5 alerts
-1.32% Session close to close
+10.2% Peak Tracked
-5.2% Trough Tracked
$3.66M Market Cap
0.0x Rel. Volume

In the Aug 21 session, VTAK declined 1.32%, reflecting a mild negative market reaction. Argus tracked a peak move of +10.2% during that session. Argus tracked a trough of -5.2% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

First patients have been enrolled

Fort Mill, S.C., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Catheter Precision, Inc. (VTAK - NYSE/American), a US based medical device company focused on developing technologically advanced products for the cardiac electrophysiology market today announced that the LockeT Compare Study has enrolled its first three patients.

The LockeT Compare Study is a single center, physician-initiated study that will enroll up to 100 patients and evaluate the safety profile of the LockeT suture retention device compared to internal closure devices. Groin complications after a cardiac catheter procedure, such as atrial fibrillation, are common and can range from small bruising to serious events such as embolism. To date, LockeT clinical data has shown that the product is safe, effective and reduces procedural cost without changing current hospital practices and workflows.

“Effective groin management at the access site after a cardiac catheter procedure, is just as important as the procedure outcomes,” said David Jenkins, CEO of Catheter Precision. “We have successfully shown that LockeT creates hemostasis as an external device and believe that this study will also show that there is a reduction in thrombotic episodes compared to closure devices that have an internal closure mechanism, thus improving patient safety.”

About LockeT
Catheter Precision’s LockeT is a suture retention device intended to assist in wound closure after percutaneous venous punctures. LockeT is a Class 1 device registered with the FDA and has received CE Mark approval.

About Catheter Precision
Catheter Precision is an innovative U.S.-based medical device company bringing new solutions to market to improve the treatment of cardiac arrhythmias. It is focused on developing groundbreaking technology for electrophysiology procedures by collaborating with physicians and continuously advancing its products.

Cautionary Note Regarding Forward-Looking Statements
Statements in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to substantial risk and uncertainties. Forward-looking statements can be identified by words such as “believe,” “anticipate,” “may,” “might,” “can,” “could,” “continue,” “depends,” “expect,” “expand,” “forecast,” “intend,” “predict,” “plan,” “rely,” “should,” “will,” “may,” “seek,” or the negative of these terms and other similar expressions, although not all forward-looking statements contain these words.  These forward-looking statements include, but are not limited to, statements regarding product evaluations at the hospital, and that the purchase order indicates that the hospital and its staff see the value and benefits that LockeT can bring and expectations regarding LockeT evaluations in the coming weeks. The Company’s expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks and changes in circumstances, including but not limited to risks and uncertainties included under the caption “Risk Factors” in the Company’s Form 10-K filed with the SEC and available at www.sec.gov.

The forward-looking statements included in this communication are made only as of the date hereof. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

CONTACTS:

Investor Relations
973-691-2000
IR@catheterprecision.com

# # #


FAQ

What is the LockeT Compare Study by Catheter Precision (VTAK)?

The LockeT Compare Study is a single-center, physician-initiated clinical trial evaluating the safety profile of the LockeT suture retention device compared to internal closure devices, with plans to enroll up to 100 patients.

How many patients have been enrolled in the VTAK LockeT Compare Study?

The study has enrolled its first three patients as of August 21, 2025.

What are the benefits of Catheter Precision's LockeT device?

According to clinical data, LockeT is safe, effective, reduces procedural costs, and creates hemostasis externally without changing hospital workflows.

What complications does the LockeT device aim to address?

LockeT aims to address groin complications after cardiac catheter procedures, which can range from minor bruising to serious events like embolism, while potentially reducing thrombotic episodes.

Who is leading Catheter Precision's LockeT Compare Study?

The study is being led by Catheter Precision under CEO David Jenkins, who emphasizes the importance of effective groin management at access sites after cardiac catheter procedures.