I let the writers at the St. Louis Business Journal pass along the stock tips. I reserve my own blog for telling you good news about St. Louis companies. One company that has caught my eye is Stereotaxis, the start-up grad of the Center for Emerging Technologies and the anchor of Cortex’s first building on the Forest Park Parkway. According to a press release, Stereotaxis reported revenue of $9.2 million compared with $1.7 million a year earlier — an increase of more than 400 percent. The company also said that its first quarter loss narrowed to $10.5 million, which is certainly the direction it ought to be going.
Cortex is an important part of the City’s future economy — and Stereotaxis is one of the first keys to Cortex’s success. So . . . . good business news.