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Endologix financing

This article was originally published in The Gray Sheet

Executive Summary

Firm inks a $20 mil. private equity placement agreement to support sales force expansion. The extra capitol will enable the company to increase its sales force to 40-50 reps by year-end. The financing builds upon a $15.5 mil. private placement from 2005, which helped the firm launch the PowerLink endoluminal stent graft for treating abdominal aortic aneurysms (1"The Gray Sheet" Aug. 8, 2005, p. 20)...
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