A patent infringement lawsuit filed against Endologix Inc. (NSDQ:ELGX) by C.R. Bard Inc. (NYSE:BCR) isn’t stopping Endologix from pursuing opportunities to develop its expanded polytetrafluoroethylene stent graft technology.
Irvine, Calif.-based Endologix signed a deal to license a Canadian firm’s balloon expandable stent technology, saying it plans to integrate the technology into its Powerlink stent graft.