Endologix Appoints Tim A. Benner as Chief Commercial Officer
2020年4月15日 - 5:01AM
ビジネスワイヤ(英語)
Endologix, Inc. (Nasdaq: ELGX) (“Endologix” or the “Company”), a
developer and marketer of innovative treatments for aortic
disorders, today announced that it has appointed Tim A. Benner to
succeed John Zehren as the Company’s Chief Commercial Officer,
effective as of April 14, 2020.
Mr. Benner brings to Endologix over a decade of commercial,
sales and marketing, strategy, and business development experience
in the medical device industry. Most recently, he served as General
Manager and Division Vice President of the U.S. Region for Abbott’s
Structural Heart business. While at Abbott, he directed the U.S.
commercial organization with responsibility for sales, marketing,
and the P&L across the TMVr (MitraClip), Structural
Interventions (Amplatzer), Surgical Valves, and TAVR franchises.
Prior to that, he spent nine years at Edwards Lifesciences in
positions of increasing responsibility in Strategy, Business
Development, Global Marketing, Commercial Operations, and Market
Development. Mr. Benner also served on Edwards’ Senior Leadership
Team (SLT).
John Onopchenko, Chief Executive Officer of Endologix,
commented, “We are thrilled to welcome Tim to our executive team.
He has demonstrated a strong track-record of achievement in the
medical device industry, implementing a number of successful
commercial strategies across a variety of unique product families
and markets. We are excited to have Tim on board to spearhead our
commercial strategy and put AFX2, Ovation, Alto, Nellix, and ChEVAS
in the hands of physicians around the globe.”
Mr. Benner added, “I’m excited to join the Endologix team, and I
strongly believe that we can leverage the Company’s unique and
innovative portfolio to capitalize on the many opportunities in the
EVAR market. I look forward to working with the Endologix team to
drive the procedural growth that will generate outcomes data and
bring our life-saving technology to patients in need.”
Mr. Benner earned his Master of Business Administration from the
University of California, Irvine, conducted graduate-level MS-BA
coursework at the University of Southern California, and completed
his Bachelor of Science in Business Administration from California
State University, Long Beach.
About Endologix, Inc. Endologix, Inc. develops,
manufactures, markets and sells innovative medical devices for the
treatment of aortic disorders. The Company's products are intended
for the minimally invasive endovascular treatment of abdominal
aortic aneurysms (“AAA”). AAA occurs when a portion of the
abdominal aorta bulges into an aneurysm because of a weakening of
the vessel wall, which may result in life threatening internal
bleeding upon rupture. The overall patient mortality rate for
ruptured AAA is approximately 80%, making it among the leading
causes of death in the United States. For more information, visit
www.endologix.com.
Cautions Regarding Forward-Looking Statements Except for
historical information contained herein, this press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally can be identified by the use
of words such as “anticipate,” “expect,” “could,” “may,” “will,”
“believe,” “estimate,” “forecast,” “goal,” “project,” "continue,"
"outlook," “guidance,” "future,” other words of similar meaning and
the use of future dates. Forward-looking statements used in this
press release include, but are not limited to, statements regarding
the anticipated commencement (and commensurate benefits) of Mr.
Benner’s employment with Endologix (including anticipated
strengthening and extension of Endologix’s customer partnerships
and commercial execution, and securing increased market share and
procedural growth), the accuracy of which are necessarily subject
to risks and uncertainties that may cause Endologix’s actual
results to differ materially and adversely from the statements
contained herein. Some of the potential risks and uncertainties
that could cause actual results to differ materially and adversely
from anticipated results include continued market acceptance,
hiring, integration and retention of Mr. Benner, risks regarding
Quality systems operations and outcome of third party audits of
such systems, endorsement and use of Endologix's products, risks
associated with the manufacturing of Endologix’s products, the
success of clinical trials relating to Endologix’s products,
product research and development efforts, uncertainty in the
process of obtaining and maintaining U.S. FDA and other regulatory
approvals for Endologix's products, Endologix’s ability to access
equity and debt capital on acceptable terms, Endologix’s ability to
enter into or maintain existing financing arrangements on
acceptable terms, risks associated with international operations,
including currency exchange rate fluctuations, Endologix’s ability
to protect its intellectual property rights and proprietary
technologies, and other economic, business, competitive and
regulatory factors. Undue reliance should not be placed upon the
forward-looking statements contained in this press release, which
speak only as of the date of this press release. Endologix
undertakes no obligation to update any forward-looking statements
contained in this press release to reflect new information, events
or circumstances after the date they are made, or to reflect the
occurrence of unanticipated events. Please refer to Endologix's
filings with the Securities and Exchange Commission including its
Annual Report on Form 10-K for the year ended December 31, 2019,
for more detailed information regarding these risks and
uncertainties and other factors that may cause actual results to
differ materially from those expressed or implied.
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version on businesswire.com: https://www.businesswire.com/news/home/20200414005789/en/
INVESTOR CONTACT: Endologix, Inc. Vaseem Mahboob, CFO (949)
595-7200
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