What happened to endologix?

What happened to endologix?

(NSDQ:ELGX) announced today that it has filed for Chapter 11 bankruptcy protection and simultaneously agreed to be purchased by its largest creditor. That creditor, Deerfield Partners, will take the Irvine, Calif.

Is endologix still in business?

Endologix, an Irvine, California-based healthcare company focused on aortic disorders, has filed for Chapter 11 bankruptcy and finalized a “consensual plan of reorganization” with Deerfield Partners, its largest lender.

Who owns endologix?

Endologix Enters into an Agreement with Deerfield Partners to Take the Company Private.

Is endologix a public company?

Endologix, Inc. is singularly focused on providing innovative, minimally invasive technologies for aortic disorders. The Company’s product offering includes a variety of endovascular stent grafts for the treatment of abdominal aortic aneurysms (AAA)….Overview Suggest Edit.

Type Public
Employee Ratings 2.9 More

What is endovascular procedure?

Endovascular surgery is an innovative, less invasive procedure used to treat problems affecting the blood vessels, such as an aneurysm, which is a swelling or “ballooning” of the blood vessel. The surgery involves making a small incision near each hip to access the blood vessels.

What is the recovery time for EVAR surgery?

You may feel more tired than usual for 1 to 2 weeks after surgery. You may be able to do many of your usual activities after 1 to 2 weeks. But you will probably need up to 4 weeks to fully recover.

Is the endologix company just a medical device company?

Endologix isn’t just a medical device company, it’s a family. Everyday I’m surrounded by a diverse team of very talented, intelligent, and friendly people all working towards a single goal: to provide innovative and effective solutions for the treatment of abdominal aortic aneurysms.

Why do you want to work at endologix?

Employees are offered development opportunities and new responsibilities that might have taken them significantly more time in other organizations. Our anticipated growth demands that we develop a strong bench of future leaders in our technical and management career paths.

Where are the headquarters of endologix in California?

Our global headquarters is located in Irvine, California, located about an hour south of Los Angeles. In Irvine, we develop, manufacture and market many of our products for global distribution. In Santa Rosa, California, our office includes Manufacturing and R&D, as well as a number of other corporate functions.

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