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Endologix Resumes Shipments of All Sizes of AFX®2 Endovascular AAA Systems | ![]() |
Tuesday, 17. January 2017 16:29 |
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IRVINE, Calif., Jan. 17, 2017 (GLOBE NEWSWIRE) -- Endologix, Inc. (Nasdaq:ELGX), developer and marketer of innovative treatments for aortic disorders, today announced that the company has resumed shipments of all sizes of AFX®2 Endovascular AAA Systems. The large diameter sizes of AFX2 were placed on a temporary hold December 27, 2016, to investigate a manufacturing issue. Since that time, the company has been working diligently on process improvements and developed additional rigorous testing protocols that have been reviewed by FDA. Shipments of the larger sizes of AFX2 will resume today. John McDermott, Chief Executive Officer of Endologix, said, “We are pleased that all sizes of AFX2 are once again available to physicians and patients. Following our review of additional testing protocols with FDA, we have released the remaining sizes of AFX2 from the voluntary shipping hold. We’d like to thank our customers worldwide for their support and patience over the past month and look forward to our continued collaboration in the treatment of patients with abdominal aortic aneurysms.” Vice President, Global Quality Most recently, Ms. Nagel served as Vice President, Quality Assurance at Direct Flow Medical, a privately-held medical device company developing and commercializing novel transcatheter heart valve products. From 1997 to 2015, she served in several leadership positions at Edwards Lifesciences and has broad experience in quality assurance, design validation, quality engineering, microbiology, compliance and post-market surveillance. She also has extensive experience dealing with international regulatory agencies. Ms. Nagel began her career at Allergan, serving in regulatory affairs, project management and product development positions, from 1987 to 1997. Ms. Nagel received a Bachelor’s degree in biological science from the University of California, Berkeley. About Endologix, Inc. Forward-Looking Statements This communication includes statements that may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to the continued shipping of AFX products, the accuracy of which are necessarily subject to risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Endologix. Many factors may cause actual results to differ materially from anticipated results, including unanticipated clinical outcomes, unexpected delays in product manufacturing and testing and additional regulatory requirements. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Endologix undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events. Please refer to Endologix's Annual Report on Form 10-K for the year ended December 31, 2015, and Endologix's subsequent filings with the Securities and Exchange Commission, for more detailed information regarding these risks and other factors that may cause actual results to differ materially from those expressed or implied.
COMPANY CONTACT: Endologix, Inc. John McDermott, CEO Vaseem Mahboob, CFO (949) 595-7200 www.endologix.com INVESTOR CONTACTS: The Ruth Group Zack Kubow (646) 536-7020 Nick Laudico (646) 536-7030 |
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