VA North Texas Health Care System announces another first today with the successful patient implant of vBloc, a technology-based, scientifically advanced weight loss therapy. The procedure was performed on Thursday, May 28, 2015 by Dr. Sachin Kukreja, Director, Bariatric Surgery, VA North Texas and the patient is recovering well.
What responses have you had so far from patients and providers?
"We are already having tremendous interest from both patients and providers alike, including national institutions like Veteran Affairs. Our first commercial implant was performed at Tufts in May by Dr. Sunny Shah. This patient was in and out of the hospital in the same day and back to work the following Monday. We had another patient tell us that vBloc Therapy "changed her relationship with food," so initial results have been very promising."
The excessive weight Adams gained during the past 15 years, as well as its health implications, forced her to explore weight-loss surgery options. She opted for the new route, and became the first person in the Tri-State area to undergo the VBloc Therapy. It is the first major advance in bariatric weight-loss surgery in a decade.
Hey, I'm just sharing the news. We knew it would take some time to get off the ground running with training and certifications though right? I will admit I was way early in my timing here, but I still believe everything will work itself provided they don't sell the company for pennies.
You sure are spending a lot of time and effort to find this information out for someone with no position. I know because I have called around myself trying to get the upper edge if there is one to be had. But to be honest which I do not think you are by the way it is not easy to obtain this information. First off NO one is really talking which I knew I could possibly run into being that medical information like this is NOT typically available unless the company, center, or doc releases a PR saying so.
My experience was when asking the different centers about surgeries performed is the person on the phone did not know. I find it hard to believe that someone who says they didn't know means there have been no procedures performed. To me it sounds more like there has been interest but they're not sure if they have prodeded with the surgery yet or not. I asked to speak with someone who would know and found out quickly they arn't talking. So who from each center is giving this information regarding procedures performed?
You said in an earlier post that Winthrop-University has only performed one surgery. One that we know about yes, but to date I find that highly suspicious unless you're calling Dr. Colin Braithwaite a liar. Here is what he said in the video link provided below. "We have seen a number of patients already and they're being prepared for surgery." Lets remeber this was said over a month ago. Do you really believe he is the only Doctor seeing a numebr of patients preparing them for surgery?
"With the vBloc Access program, we look forward to supporting physicians and patients in meeting the rapidly growing interest in and demand for vBloc Neurometabolic Therapy."
The Your Weight Matters 4th Annual National Convention August 13-16
Courtney from EnteroMedics discusses Vbloc.
Maestro® Rechargeable System
Approval for a formulation change to silicone material used in the transmit coils for the Maestro® Rechargeable System.
Maestro® Rechargeable System
Approval for a change to the low battery threshold of the Mobile Charger for the Maestro® Rechargeable System.
Not thrilled but this is just a small setback as we navigate through the growing pains of being invested in a small growing company. The biggest hurdle (cash) is now out of the way. Now we let them focus on sales which we are starting to see. I was hoping this would be a late 2015 story, but it's looking more like early 2016. So whats waiting another 6 mos to a year. No more cash worries. They get it done with what they have or it's lights out. And I still wouldn't count a takeover out of the cards. Still a lot of unknowns out there. Good luck!!
The first person to undergo the surgery here will be scheduled in the next few weeks.
"Did you know that your VA was the first VA to perform the vBloc implant procedure for weight loss?"
Are they suggesting other VA hospitals have started as well?
Two good interviews out today with heads from Medtronic & Boston Scientific . The Medtronic interview is up on Yahoo MDT page, BSX should be up theirs shortly. After listening to both speculation should be running wild across all small medical device companies with something to tout. All the big names are in Minnesota today!
It might be to early to get any info from the centers/docs. I have made a few calls myself and you really need to talk with a scheduler which I found is hard to do. I also get this feeling ETRM has asked for this info not to be released by centers/docs. I'm not sure they can control what centers/docs release, but I get this feeling they want them to keep it quite.
I have been in contact with Jody over the past few weeks and they are not going to release surgeries to date now or ever from what I gather. She keeps insisting they will only report revenue and not devices sold. Says it's for strategic reasons.
Good news indeed. The question now is it enough to get the recognition it deserves.
Seen this also this morning.
Obesity Action Coalition Chairman Ted Kyle
A small group of advocates and experts commented and participated in this review of technologies for obesity treatment. The occasion was a public hearing at the California Endowment in Los Angeles. The purpose was to assess the comparative effectiveness and value of new drugs, surgeries, and medical devices for obesity treatment.
Average responses are misleading. An average response to VBLOC therapy, for example, might be a 24% loss of excess weight. But a substantial portion of patients will lose 50% of their excess weight.
I see things differently. I believe people want to lose weight and more would if they could eat what they like. No more all liquid, pureed food diets that surgery requires and no one wants. This is precisely why Vbloc could be a game changer if you believe in the technology you invested in. You eat what you want just less of it feeling full. Once anyone sees they're losing weight while still eating the foods they like it will encourage them to maybe get up of the couch moving a little bit. If your body is not used to moving it doesn't take much for weight to fall off. Basically what I'm saying is once someone starts noticing they're losing weight it gives them a little extra drive to keep moving. Now whether we make a fortune here or not is till yet to be seen, but the technology/results/safety look good to me.
I'm happy to see him step aside although he will still sit on the board.
What I'm not happy about:
In recognition of Dr. Knudson's thirteen years of service to the Company, the Board determined to accelerate vesting of all of Dr. Knudson's unvested options as of his retirement and to extend the term during which his options can be exercised for three years after his retirement. Additionally, the Board determined that the Company will provide Dr. Knudson with up to twelve months of post-retirement health care coverage at a cost of approximately $2,000 per month
$5000 to $12,000 a week for consulting services.