Navigation Links
Endologix and LeMaitre Vascular Enter Early Termination Agreement for European Distribution Rights of Endologix Products
Date:7/18/2011

IRVINE, Calif., and BURLINGTON, Mass., July 18, 2011 /PRNewswire/ -- Endologix, Inc. (Nasdaq: ELGX), developer and marketer of minimally invasive treatments for aortic disorders, and LeMaitre Vascular, Inc. (Nasdaq: LMAT), provider of peripheral vascular devices and implants, announced today that the companies have entered into an early termination agreement for LeMaitre's distribution rights of Endologix's aortic endovascular products in Europe.  

Under the terms of the agreement, Endologix will pay LeMaitre $1.3 million to begin selling direct on September 1, 2011.  Previously, LeMaitre held distribution rights in certain European countries for Endologix's Powerlink® System, and related products, through June 30, 2013.

John McDermott, President and Chief Executive Officer of Endologix, commented, "This agreement allows us to accelerate our planned transition to a direct sales force in Europe and gain control of the sales channel at an important time in the development of our European business.  It provides us with the opportunity to begin establishing a presence and developing physician relationships ahead of the anticipated European launch of our Nellix® Endovascular System and Ventana™ Fenestrated Stent Graft System in 2012.  Both organizations are committed to a smooth transition and we would like to thank LeMaitre for their partnership over the past few years."

Mr. McDermott continued, "Importantly, we expect that this agreement will have no impact on our full year revenue guidance and continue to expect full year 2011 revenues of $78 million to $82 million.  We will provide additional details during our upcoming second quarter 2011 financial results conference call scheduled for Thursday, July 21, 2011."

LeMaitre Vascular als
'/>"/>

SOURCE Endologix, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Endologix to Report Second Quarter 2011 Financial Results on July 21, 2011
2. Endologix Announces FDA Approval of AFX™ Endovascular AAA System
3. Endologix to Present at the 2011 Bank of America Merrill Lynch Health Care Conference
4. Endologix Files Form 10-K; Nellix Purchase Price Allocation Finalized
5. Endologix to Present at the ROTH 23rd Annual OC Growth Stock Conference
6. Endologix Reports 41% Fourth Quarter 2010 Revenue Growth
7. Endologix Announces Presentation of Favorable Initial PEVAR Trial Results
8. Endologix Announces Favorable Clinical Results for Nellix Technology
9. Endologix to Report Fourth Quarter and Full Year 2010 Financial Results on February 22, 2011
10. Endologix to Present at 29th Annual J.P. Morgan Healthcare Conference
11. Endologix Appoints Guido Neels to Its Board of Directors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/24/2014)... WASHINGTON , July 24, 2014  The ... Brightree is supporting its mission to help address ... new and exclusive agreement to be the information ... service. As the leading provider of billing and ... brings unmatched HME industry expertise to support this ...
(Date:7/24/2014)... Consolidated Net Profit increased by 43.65 % to Rs. 1848.46 ... India Business grew by 20.87% to Rs. 3,971.59 Mn ... Rest of World (ROW) Business grew by 20.67% to Rs. 2,113.09 ... 977.26 Mn Latin America Business grew by 33.92% to ... the research-led global integrated pharmaceutical company, today announced its results for ...
(Date:7/24/2014)... -- "North America Orthopedic Braces and Supports Market Outlook ... America Orthopedic Braces and Supports market. The report provides ... units) and average price data (in US dollars), within ... , Ankle Braces and Supports , Spinal ... Supports. Photo - http://photos.prnewswire.com/prnh/20140723/129806 ...
Breaking Medicine Technology:Brightree Joins AAHomecare as Corporate Partner and IT Lead on HME Audit Key 2Glenmark's Consolidated Revenue Increases by 20.08% to Rs. 14,869.40 Mn for Q1 FY 14 - 15 2Glenmark's Consolidated Revenue Increases by 20.08% to Rs. 14,869.40 Mn for Q1 FY 14 - 15 3Glenmark's Consolidated Revenue Increases by 20.08% to Rs. 14,869.40 Mn for Q1 FY 14 - 15 4North America Orthopedic Braces and Supports Market (Knee, Ankle & Spinal Braces) to 2020 2North America Orthopedic Braces and Supports Market (Knee, Ankle & Spinal Braces) to 2020 3North America Orthopedic Braces and Supports Market (Knee, Ankle & Spinal Braces) to 2020 4North America Orthopedic Braces and Supports Market (Knee, Ankle & Spinal Braces) to 2020 5
... ANGLETON, Texas, June 2, 2011 Benchmark Electronics, Inc. ... manufacturing provider, announced today that a product it helped ... Design Excellence Award and 2011 Edison Award for best ... 3M™ Integrated Cycler, which has won a 2011 Medical ...
... 2, 2011 Craneware, Inc., the market leader ... multi-year agreement today with Kingman Regional Medical Center, ... Recognized as one of the nation,s five star ... will add Craneware InSight Denials® to the range ...
Cached Medicine Technology:Benchmark Electronics Recognized as Supplier for 2011 Design Medical Excellence Award Winner 2Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 2Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 3Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 4
(Date:7/25/2014)... July 25, 2014 Mahendra Trivedi and ... Online Workshop ‘Consciousness is Power’ on Saturday, July 26, ... to attend this life transforming event as they will ... higher level. Few days are left for the commencement ... Trivedi and Trivedi Masters™ Dahryn Trivedi (his wife) and ...
(Date:7/25/2014)... CMS recently has imposed a series ... inadequate access to prescription drugs. Agency audits are uncovering ... safety of beneficiaries in areas such as rejected pharmacy ... is taking quick and firm actions to halt them. ... “Avoiding Costly Part D Sanctions: Rx Access Strategies ...
(Date:7/25/2014)... 25, 2014 Yisrayl Hawkins, Pastor and Overseer ... on his blog explaining why so many prayers are going ... , In the article, Yisrayl gives many examples around ... the results. For example, in one case, in the small ... grounds to pray for rain; ironically, they received a massive ...
(Date:7/25/2014)... Yisrayl Hawkins, Pastor and Overseer of The House of Yahweh ... revealing to the whole world, including even the most devout ... in his new article. , Yisrayl says it all started ... by the Catholic Church. He says this plan included removing ... and replacing it with titles such as Lord and God. ...
(Date:7/25/2014)... According to the Hemorrhoid ... Vkool.com, this is a comprehensive guide that ... common types of hemorrhoids including:, ...     Young children with hemorrhoids , ...     Very large hemorrhoids and chronic hemorrhoids , ...
Breaking Medicine News(10 mins):Health News:Mahendra Trivedi to Host an Online Workshop ‘Consciousness is Power’ 2Health News:Mahendra Trivedi to Host an Online Workshop ‘Consciousness is Power’ 3Health News:Aug. 5 Webinar to Offer Strategies for Preventing Rx Access Issues and Avoiding Part D Sanctions 2Health News:Yisrayl Hawkins Says Prayers for Rain Result in Violent Hail Because Prayers Are Not Being Heard in New Post 2Health News:Yisrayl Hawkins Says Prayers for Rain Result in Violent Hail Because Prayers Are Not Being Heard in New Post 3Health News:Yisrayl Hawkins Says You Have Been Tricked Into Worshipping Satan in New Article 2Health News:Hemorrhoid No More Pdf Review Exposes Jessica Wright's Guide For Treating Hemorrhoids – Vkool.com 2Health News:Hemorrhoid No More Pdf Review Exposes Jessica Wright's Guide For Treating Hemorrhoids – Vkool.com 3
... SANTA MONICA, Calif., Oct. 8 Proposed,regulations that ... California stem cell research grants to for-profit organizations ... cures for California taxpayers,paying for the research, the ... "To ensure that the people who have ...
... Precise Surgical Laser Procedures, CAMBRIDGE, Mass., Oct. ... laser fibers for precision surgery, announced today,the launch ... procedures. The LightPath fiber features a fine ... safely conduct more precise procedures in Laryngology,Head & ...
... their own ... personal health info, PHILADELPHIA, Oct. ... largest organization of its,kind, will ask select groups of Americans to ... for,themselves, their children and ailing loved ones. At its 79th Annual,Convention ...
... like most, you eat worst at healthy restaurants., The ... treat themselves to higher-calorie side dishes, drinks or desserts ... no health claims, according to a series of new ... version of the Journal of Consumer Research , ...
... patients more likely to develop dementia, study finds ... people with Parkinson,s disease face up to a 73 ... new study that says genetics could be to blame. ... central nervous system, such as impaired motor skills and ...
... New research shows that selective serotonin reuptake inhibitors ... depression, may double the risk of gastrointestinal bleeding, according ... and colleagues. When the drugs are taken with aspirin ... than 600 percent higher. , Clinicians who prescribe these ...
Cached Medicine News:Health News:Revised California Stem Cell Research Rules Fail to Ensure Affordable Access to Cures, Consumers Warn 2Health News:OmniGuide Announces Launch of LightPath(TM) CO2 Laser Fiber 2Health News:AHIMA National Consumer Awareness Campaign Urges Patients to Assume Responsibility of Personal Health Records 2Health News:'Healthy' restaurants help make us fat, says a new Cornell study 2Health News:Parkinson's Linked to Risk of Alzheimer's 2Health News:Anti-depressant drugs can double risk of gastrointestinal bleeding 2Health News:Anti-depressant drugs can double risk of gastrointestinal bleeding 3
Silicone Foley Catheters 2-Way (Pediatric)...
Midstream Catch Kits...
Midstream Catch Kits...
... The Pediatric BladderScan® ... to Diagnostic Ultrasound's trusted ... By enabling healthcare providers ... bladder volume noninvasively, this ...
Medicine Products: