GI & Endoscopy

Chicago-based Metropolitan Gastroenterology Consultants celebrated its 20th anniversary recently, the Beverly Review reports.

James R. Penn, MD, will begin practicing at two Gastroenterology Consultants locations, according to centraljersey.com.

Physicians Endoscopy and Capital Digestive Care entered into a strategic partnership Aug. 1, which could shake up the entire gastroenterology specialty.

Gastroenterology-focused pharmaceutical company Landos Biopharma closed a $60 million series B financing round.

Physicians Endoscopy and Peninsula Regional Health System entered into a joint venture to open Delmarva Endoscopy Center in Ocean Pines, Md.

Motus GI reported a net loss of $5.7 million in the second quarter of 2019, but is readying for the inpatient commercial launch of its colonoscopy preparation system Pure-Vu.

Artificial intelligence device-maker NinePoint Medical received FDA approval for its NvisionVLE Imaging System.

Gastroenterology has been ripe with M&A activity in 2019. Whether through private equity, strategic acquisition or new partnership, 2019 is turning into a banner year for the specialty.

Here are four updates from gastroenterology companies from the past week:

Assembly Biosciences named former Gilead Sciences Chief Scientific Officer John McHutchison, MD, its new president and CEO, succeeding company co-founder Derek Small.