EnteroMedics - Marcie: Hello this is Marcie, how may I help you?
You: where is this procedure being offered at
EnteroMedics - Marcie: I'd be glad to help you. May I get your name?
EnteroMedics - Marcie: Hi, may I ask your last name?
EnteroMedics - Marcie: we are really excited that the FDA has just recently approved this procedure. Since it just happened, we are in the process of determining which surgeons are interested in providing this procedure, and then getting them trained. If you would like to provide your contact information, I would be glad to provide you with updates for surgeons in your area when that information becomes available.
You: oh okay so there hasn't been anyone to have the procedure performed yet
EnteroMedics - Marcie: The procedure has only been done in clinical trials.
You: okay thanks
EnteroMedics - Marcie: We are having a webinar for prospective patients on February 25th at 8:00pm Eastern Time. It is free. Would you like to attend?
You: i have already signed up for it after a friend told me about it. Thanks i look forward to it.
You: are doctors sounding excited about i
You: about it
EnteroMedics - Marcie: Yes, very. We have been flooded with inquiries from doctors who are interested in being providers for the procedure.
You: okay when do you think they will start doing the prcedure
You: and how much will it cost
EnteroMedics - Marcie: We are working very quickly to determine the providers and get them trained. As you can imagine, its very difficult to determine a time frame for such a large undertaking. But since you are signed up for the webinar, you will be updated as information becomes available. Pricing hasn't been determined yet, but we expect it to be in the range of other bariatric surgeries.
You: okay sounds great look forward to the webinar
EnteroMedics - Marcie: Is there anything else I can help you with?
You: nope that's it thank you
Marcie: We look forward to your participation on the 25th. Have a great weekend!
SILVER SPRING, Md., Dec. 16, 2014 /PRNewswire-USNewswire/ -- The United States Senate took long-awaited action to confirm Vivek Murthy, MD, as United States Surgeon General, a step The Obesity Society (TOS) calls promising for the future of obesity research and treatment.
"We congratulate Dr. Murthy on his confirmation and look forward to working with him to address obesity, one of our nation's most prevalent public health issues," said Nikhil Dhurandhar, PhD, TOS President. "Today, millions of Americans continue to be denied health insurance coverage for proven obesity treatments, and we hope that during his term Dr. Murthy makes a commitment to improving access to care for those affected by obesity and overweight."
In his comments during his February 4, 2014 confirmation hearing before the Senate Health Education, Labor and Pensions Committee, Dr. Murthy spoke passionately about his desire to actively address the nation's obesity epidemic. As the leading professional organization with a focus on obesity research, treatment and prevention, TOS hopes to be an integral partner of this effort in the Nation's Capital and in local communities around the country.
"As we have stated in the past, we believe that an FDA approval decision is expected at year-end 2014, implying 12-31-14 +/- a few weeks. We are still within that time frame and therefore we believe we are still on track. Our relationship with the FDA continues to be open and productive."
Sounds like they are expecting a decision any-day now. Good Luck!
Arena and EnteroMedics
Google; How investors can play the war against ‘globesity’
Mr. Nahal of BofAML, meanwhile, sees more than a dozen health-care and medical device companies as potential buys, including Arena Pharmaceuticals
ETRM is setting it self up for a takeover by who I suspect is Medtronic. ETRM has focused squarely on getting Mastero system (VBLOC) approved for worldwide use across the globe. With the EU, Gulf region states, and Australia on-board, U.S. approval is the only wrench as we wait. ETRM will have created a massive package deal for a major player to roll out worldwide. You might ask why haven't they proceeded putting more focus on selling the device to those where the device has already been approved. It's simple "reimbursement" but in the right hands, and with obesity now being called a disease, and better coverage today by providers, a bigger company like Medtronic will be able to make this happen much more quickly than ETRM. I am totally convinced there is a buyer already lined up to be announced shortly after a decision. My suspicions are based off of Medtronics "obesity division" created when they went after Transneuronix in what ended in a total disaster. And the ETRM insiders who were involved during this time period.
He loves it, thinks insurance providers will jump on board. Did I hear that right "He's getting one?" Pretty big endorsement here guys and "millions" seen it.
A group of respected physicians has stepped forward saying "Diet and exercise alone are no cure for obesity."
"The human body, evolved to endure through periods of food scarcity, has adapted a host of methods to ensure that lost weight will be restored, the authors say. It will respond to weight loss by powering down its use of calories as fuel, pumping out hormones to increase hunger, boosting fat storage capacity, and tricking the brain to demand overconsumption."
"Physicians, he said, should discuss with obese patients the range of medications, surgery and device-based treatments approved by the FDA"
Esiai & Arena just can't get out of each others way. Eisai has done nothing but fumble the ball since launch. First it was with over exaggerated first year projections. Then it was vouchers which where out of date. Then it was poorly done commercials. EU and now Canada on hold and will need to go though the whole process all over again. When does it end for this company!? You longs can't tell me your happy with this investment over the past two years. Maybe I shouldn't even be posting here anymore, but being I have followed Arena for several years I am interested in the outcome. GL longs!!!!
Here are just a few things that stuck out to me. They where recording the webinar, so assume it will be available for all to see shortly.
Doctors will train at one central location (this will be nice as the ramp up will be much faster than having to go to each location to train Docs)
They did several interactive polls for those taking part. (The one that stuck out to me was that of all the options Vbloc is what most where interested due to risk, complications & altering of anatomy) The Doctor was a little hurt by these results being a bariatric surgeon he said, but said he understands and will be a provider for Vbloc. I did not vote on any of the questions to keep it honest. You know I am a little bias.
They where taking info to match patients up with providers in their area
Unlike pills women who wish to become pregnant are safe for implantation of the device as it can be turned off then turned back on once the child has been delivered.
Insurance coverage was a concern by some potential patients. But as "Recon" pointed out they have already lined up a provider for cost associated of the device, and I assume the procedure itself. The Doctor on the call pointed out that Medicare & other providers already pay for some of today's surgical options. So they should view this as a better alternative due to less risk and lower cost being you're in/out of hospital same day in most cases.
They are matching up past patients who they are calling "ambassadors" who will be available to those who wish to have these folks answer there questions along the way.
The Doctor seems to think a BMI of 30 rather than 35 will soon be allowed
They were not able to get to all the questions, but have a hotline they said would be available today for any questions they couldn't get too.
I haven't seen this one yet. Another trial participant who still has vbloc implanted, and who has lost 60 pounds.
Mr. Nahal of BofAML, meanwhile, sees more than a dozen health-care and medical device companies as potential buys, including Arena Pharmaceuticals Inc., MannKind Corp.
Also mentioned was EnteroMedics which I am invested in. Do your own DD
Google: How investors can play the war against ‘globesity’
Liar, I never once claimed the guy should have been arrested. And I have never disclosed how many shares I own. I get the impression you are former poster who said they would never get a positive panel recommendation let alone FDA approval. If I'm wrong, relax, It's only been 1.5 months since FDA approval! Do you think it's all supposed to happen overnight?!
O/T: Did you see CYBX knocked it out of the park this morning?
The company offers vagus nerve stimulation (VNS) therapy system that uses pulsed electrical signals applied to the vagus nerve for the treatment of refractory epilepsy and treatment-resistant depression. It is also engaged in investigating the use of VNS and other neuromodulation therapy for other indications, including chronic heart failure, and developing non-implantable device solutions for the management of epilepsy.
I've been called worse. I would remove the blinders and look at it this way. It starts with the doctors who suggest to their patients to think about getting their weight under control. Doctors now have another option to recommend, which by the way is the least invasive surgical option on the market today. Wall Street will pay attention when sales start rolling in, and they will. Sometimes you beat even the so called pro's at the game, figuring it out before they do. Rest assured they'll be on-board soon enough.
Inns, I agree with just about everything you post. Like you I believe the company will be a success, and more importantly believe Vbloc will be a huge money maker for years to come. With that said, although flattered you give me far to much credit sometimes in your post as someone who knows more then I do. I'm just a regular guy who has been successful in the market by doing rigorous DD into the companies I invest in. I would say from reading your post for the past 7-8 months you are probably just as smart, if not smarter than I am when it comes to ETRM and how the market operates. Anyway, I have found the more people willing to share their DD makes us all smarter and more knowledgeable! I will continue to share my DD, opinions, thoughts, and what I pick up on from the various sources I use. I hope you and others will continue do the same as we keep the non-believers, and bashers like "splatguru" who's obviously only here for his love affair with Ade in check.
Inns, just ignore the posters you don't care for. But here is what I think of companies like WTW.
The days of companies like Weight-Watchers and Herbalife are coming to an end. People today wanna eat what they want, when they want. They can't or refuse to give up eating a hamburger, pizza, pasta you name it in order to stay healthy. What these people need is something to help them feel full while still eating the foods they like. That's exactly what Vbloc does! And if you don't think a device like Vbloc is the answer, then you haven't been paying attention to the Medical Device market! Yeah today's pps is in the trash bin, but when this thing turns and it will, there will be know looking back.
"We have been flooded with inquiries from doctors who are interested in being providers for the procedure." I have no doubt the Doctors themselves will be our greatest sales reps. Less invasive, proven weight loss, means easy money for Docs, and facilities.
From the looks of things people need to pull out their maps. New York has been spared for the most part from any of the bad weather that Boston or surrounding are seeing. And again there have been no flights from Minn to New York affected by the weather.
Regional Director - Southeast US EnteroMedics
West Palm Beach, Florida Area
February 2015 – Present (1 month) Southeast US
Greater New York City Area
Director, Northern US EnteroMedics
February 2015 – Present (1 month) Greater New York City Area
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Greater San Diego Area
Director, Western US EnteroMedics
February 2015 – Present (1 month ) Greater San Diego Area
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