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Weight loss: FDA accepts EnteroMedics' submission of VBLOC neurostim implant

Fri, 07/26/2013 - 12:45pm
Mass Device

FDA regulators accept for review EnteroMedics' premarket approval application for the Maestro VBLOC vagal blocking therapy as a treatment for obesity.

Weight loss: FDA accepts EnteroMedics' submission of VBLOC neurostim implant

Minnesota medical devices maker EnteroMedics (NSDQ:ETRM) touted today that the FDA had accepted for review the company's premarket approval submission of the Maestro Rechargeable System's VBLOC implant, a neurostimulation device for treating obesity.

The news sent ETRM shares skyrocketing, trading up by nearly a quarter by the early afternoon today.

The VBLOC system stimulates the vagus nerve, located between the stomach and the esophagus, in order to alter a patient's eating habits by modifying their physiological cravings.

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