Endologix, Inc. develops and manufactures minimally invasive treatments for vascular diseases. Endologix's Powerlink System is an endoluminal stent graft (ELG) for treating abdominal aortic aneurysms (AAA). AAA is a weakening of the wall of the aorta, the largest artery in the body, resulting in a balloon-like enlargement. Once AAA develops, it continues to enlarge and, if left untreated, becomes increasingly susceptible to rupture. The overall patient mortality rate for ruptured AAA is approximately 75%, making it the 13th leading cause of death in the United States.
Endologix currently employs 202 people as of November 2009.
Endologix is listed on the NASDAQ exchange, and the trading symbol is ELGX.
Endologix became public through a reverse merger in May 2002.
As of September 30, 2009, there were 48,454,000 shares of common stock outstanding.
Endologix does not currently issue dividends.
Endologix does not currently have a direct stock-purchase plan.
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