Southern California had the most LAP BAND procedure deaths. Recently, the owners of a string of LAP BAND clinic owners were arrested and get this, $109,000,000 seized from their bank accounts! I'm not generally in favor of scare tactics, but I hope reputable bariatric surgeons in Cali will really emphasis VBLOC's safety vs Lap Band.
Added to UC Irvine, they are: Smart Dimensions Weight Loss, Fountain Valley(both in affluent Orange County) and Western Bariatric, San Bernardino. There is also Scripps in San Diego for a total of four in S Cali.
Crew: Your post is ridiculous. If other centers had performed implants the PR would have said so. Remember that the Tufts surgeon was involved in the original trial. I do not like the fact that MAYO is not yet listed as a VBLOC center.
From E-Trade: $700,000 for 2015, $3.7M for 2016, $31.4M for 2017 and $47.8M for 2018. Per share loss estimates have also been increased: (.40) for 2015, (.49) for 2016 and (.45) for 2017. No estimate for 2018.
acr_1960: Charts are so 20th century. Bright mathematicians have built in so many fakes and false signals into their black box trading systems that they can manipulate charts at will.
Ironically, Barrons showed ACCUMULATION today: $75,330 positive net money flow and 1.65 positive uptick vs downtick ratio.
I think Yellen spooked the overall market, which of course hurts small caps.
There is no CC. Today is the annual meeting in St Paul. In a couple of days ETRM will do an SEC filing documenting the voting results.
Innsbrooklad: VBLOC is NOT as good as bands if you want to lose a massive amount of weight. VBLOC has a place but is NOT a miracle procedure.
ETRM needs to make their surgeon locator smarter: If you enter Kansas City MO you are told there are no surgery centers in your area. Duh? There is a surgery center a few hours away in St Louis.
Other than in Australia, no; however, a number of countries have looser standards for medical devices and look to the FDA as a template. Obviously, an Asian partner could bring in a much needed upfront payment.
(Source: Fierce Medical Devices)
Industry bigwigs are teaming up to create the first medical device industry association focused solely on Asia. The member companies of the just-launched Asia Pacific Medical Technology Association (APACMed) include Abbott ($ABT), Baxter ($BAX), B. Braun, Becton Dickinson ($BDX), Boston Scientific ($BSX), Cardinal Health ($CAH), GE Healthcare ($GE), Johnson & Johnson ($JNJ), Medtronic ($MDT), Philips ($PHG), Siemens, Stryker ($SYK) and Zimmer ($ZMH).
The association will be based in Singapore and its CEO is Fredrik Nyberg, who is also a senior director at contract research organization Quintiles ($Q) in that country, according to his LinkedIn profile.
"As members of the global healthcare community, it is our responsibility to ensure patients have access to the most innovative, life-changing healthcare solutions. It is our hope that APACMed will be a unifying voice for the medical devices and in vitro diagnostics industries in Asia Pacific," Nyberg said in a statement.
VBLOC at HCA hospital in Colorado. This is significant as HCA is a huge hospital chain with the capacity to do thousands of Maestro procedures yearly.
(Headline from a Barrons paid subscription article).
Medical Equipment Stocks Are Ready to Break Out
After an orderly correction, the medical equipment sector is poised for another move higher.
one_killerbee: I read the same article. Tellingly, Ben Bernanke just signed on with Citadel in Chicago, one of the biggest and most profitable HF trading desks in the world. His lame defense is that Citadel is not a bank regulated by the Fed! When a stellar company like Procter & Gamble plunges 40% in the flash crash, you know a micro-cap like Enteromedics can be a market plaything.