Endologix says FDA approves new stent
Medical device maker Endologix Inc. said Thursday it received Food and Drug Administration approval for its PowerFit Aortic Extensions stent.
Stents are mesh-wire tubes that are used to prop arteries open after they have been surgically cleared of fatty plaque. The device is used in surgery to repair abdominal aortic aneurysms.
Shares of Endologix fell 1 cent to $4.76 in afternoon trading.