Endologix IntuiTrak Delivery System Receives Shonin Approval for Marketing in Japan


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Endologix, Inc.(Nasdaq: ELGX), developer and marketer of innovative treatments for aorticdisorders, announced today that its distribution partner in Japan, CosmotecInc., has received Shonin approval from the Japanese Ministry of Health, Laborand Welfare (MHLW) to market the IntuiTrak^® Delivery System. The IntuiTrakSystem delivers the Company's Powerlink^® anatomical fixation stent graft forthe minimally invasive endovascular repair of abdominal aortic aneurysms(AAA).IntuiTrak builds upon the strong clinical results achieved with the Powerlinkstent graft in multicenter, prospective clinical trials. It adds ergonomicfeatures, a simplified deployment mechanism and hydrophilic coating to easeaccess and delivery, compared to the previous system available for the devicein Japan. Endologix stent-grafts have now been used to successfully repairmore than thirty thousand AAA's worldwide with very positive physicianacceptance.Bob Mitchell, President, International of Endologix, said, "We are verypleased to announce the approval of IntuiTrak in Japan, which has been a verygood market for our anatomical fixation technology. When we introducedIntuiTrak in the U.S. and other markets, we received very positive feedback onits ease of access and the simplification of the delivery and deploymentmechanism. We anticipate a similar response to IntuiTrak in Japan and lookforward to working closely with Cosmotec over the next few months to traintheir sales reps and physician proctors, with the expectation of commencingthe first IntuiTrak commercial cases in Q2 2013."

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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