Endologix Appoints Vice President of Global Marketing
April 14 2009 - 4:00AM
Business Wire
Endologix, Inc. (Nasdaq:ELGX), developer of minimally invasive
treatments for aortic disorders, announces the appointment of
Daniel Hawkins (42) to the newly created position of Vice President
of Global Marketing, effective immediately. Mr. Hawkins brings more
than 15 years of marketing management and business development
experience in the medical device and biotechnology industries.
�Daniel brings a successful track record of developing and
launching new medical technologies,� said John McDermott, Endologix
President and Chief Executive Officer. �He is a results-oriented
leader with wide-breadth experience who will strengthen our senior
management team and drive our new product development portfolio and
business development activities. Daniel also has a strong
commercial background that will be instrumental in achieving
continued market share gains and support the successful
commercialization of our Powerlink XL�, our suprarenal proximal
extensions and the recently introduced IntuiTrak� Delivery
System.�
Mr. Hawkins said, �Innovative products such as the IntuiTrak are
a testament to the strength of Endologix�s product development team
and are the foundation for profitable growth. I�m excited about
joining the senior management team at Endologix to lead the
commercialization of existing products as well as pursuing product
development opportunities.�
Mr. Hawkins spent the past seven years in founder and leadership
roles developing and commercializing medical devices for incubators
funded by Three Arch Partners, Frazier Healthcare, Prospect
Ventures, MPM Capital and Charter Ventures. He is a founder of
Calibra Medical Inc., where he co-invented the core technology and
was instrumental in creating a new medical device category with a
market opportunity in excess of several billion dollars annually.
He also played critical roles in developing product and marketing
strategies for Restore Medical, Inc. and EnteroMedics, Inc. Prior
to that, he created the marketing and sales department and played
critical product development roles at Intuitive Surgical, Inc.
Mr. Hawkins has a Masters in Business Administration from the
Stanford Graduate School of Business and a Bachelors of Science in
Economics from The Wharton School at the University of
Pennsylvania.
About Endologix
Endologix, Inc. develops and manufactures minimally invasive
treatments for aortic disorders. The Company�s flagship product is
the Powerlink System�, which is an endovascular stent graft for the
treatment of 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 a leading cause of death in the U.S.
Additional information can be found on Endologix�s Web site at
www.endologix.com.
Except for historical information
contained herein, this news release contains forward-looking
statements relating to the continued growth of Endologix�s
business, 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. The Company undertakes no obligation to update its
forward-looking statements. Please refer to the Company�s Annual
Report on Form 10-K for the year ended December 31, 2007, and the
Company�s other 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.
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