May 21, 2013 5:41 AM ET

Healthcare Equipment and Supplies

Company Overview of Apollo Endosurgery, Inc.

Company Overview

Apollo Endosurgery, Inc. focuses on the development of flexible surgery from the convergence of laparoscopic surgery and therapeutic gastroenterology. Its flexible surgery minimizes the trauma of surgical access by taking advantage of natural orifices to deliver surgical tools to targeted areas. The company’s flexible surgery instruments include OverStitch, an endoscopic suturing system; FlexShears endoscopic scissors; and SuMO, an endoscopic tissue access and resection system. Apollo Endosurgery was incorporated in 2005 and is based in Austin, Texas.

7000 Bee Caves Road

Suite 350

Austin, TX 78746

United States

Founded in 2005

Phone:

512-328-9990

Fax:

512-328-9994

www.apolloendo.com

Key Executives for Apollo Endosurgery, Inc.

Co-Founder and Innovation Partner
Co-Founder and Innovation Partner
Co-Founder and Innovation Partner
Co-Founder and Innovation Partner
Compensation as of Fiscal Year 2012.

Apollo Endosurgery, Inc. Key Developments

Apollo Endosurgery, Inc. Endosurgery's Overstitch(TM) Endoscopic Suturing Platform Launches in Europe

Apollo Endosurgery, Inc. announced that its OverStitch(TM) Endoscopic Suturing System has received the European Union's CE Mark. The company plans to immediately launch the system to select centers in several European countries. Apollo Endosurgery's OverStitch platform combines the flexibility of endoscopy with the precision of surgical suturing, allowing physicians to access, manipulate and suture internal tissue without making incisions through the skin. The platform therefore allows physicians to offer less invasive options for the patient and perform a broad range of endoscopic surgical procedures in the treatment of defects in the digestive tract, gastrointestinal cancer and bariatrics. The company is working with distributors in several European countries to identify top interventional gastroenterologists and surgeons to participate in the initial phase of the European launch.

Apollo Endosurgery, Inc. Appoints Richard J. Meelia to the Board of Directors, Effective July 1, 2012

Apollo Endosurgery, Inc. announced that Richard J. Meelia, former CEO and Chairman of Covidien plc, will be joining the company's Board of Directors. Meelia will fill a newly-created seat on the Apollo Endosurgery board. Meelia's appointment will be effective July 1, 2012. Meelia recently retired from his position as Chairman and CEO of Covidien. Mr. Meelia is also a member of the Board of Directors of Triangle, Inc. He also serves on the Board of Governors of the Tufts-New England Medical Center and the Board of Trustees of St. Anselm College.

US FDA Grants Apollo Endosurgery, Inc.'s SuMO(TM) Endoscopic Tissue Access and Resection System

Apollo Endosurgery, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for its SuMO(TM) endoscopic tissue access and resection system. Apollo Endosurgery designed the scarless surgery system to help surgeons remove large, flat precancerous gastrointestinal lesions and polyps during endoscopy procedures. Early detection and removal of flat, precancerous lesions may help prevent development of invasive esophageal or colon cancer, however, until recently, most patients with these lesions had to undergo significant surgeries, often involving resection of large segments of non-diseased esophagus or the colon. Endoscopic submucosal dissection, or ESD, is an established technique that allows for effective resection of the pre-cancerous tissue without the need for an esophagectomy or colectomy. However, even with newer advanced endoscopic tools, the procedure is very challenging, particularly for larger areas of tissue. With the SuMO technology, large submucosal dissections of pre-cancerous tissue can be done quickly and efficiently. The SuMO procedure represents a novel and significant advance in therapeutic endoscopy that may allow increasing numbers of patients to avoid or delay major surgery.

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