EndoChoice closed $57 million in preferred equity financing. Deerfield led the financing round, with input from several other new and existing investors.
https://www.beckersasc.com/gastroenterology-and-endoscopy/endochoice-raises-57m-in-equity-financing.html
The American Medical Association announced the new Category I CPT code 432XX1, which will cover esophagogastric fundoplasty trans-orifice approach procedures. The code will be used to cover the Transoral Incisionless Fundoplication procedure from EndoGastric Solutions and procedures performed with the MUSE platform from Medigus.
Endo International made a takeover offer to Salix Pharmaceuticals, which already has an agreement to be bought by Valeant Pharmaceuticals International, according to a report by The Wall Street Journal.
Exact Sciences and Ironwood Pharmaceuticals entered into an agreement to co-promote Exact Sciences’ Cologuard.
Physicians Endoscopy acquired a majority interest in the Philadelphia Gastroenterology Consultants Endoscopy Center of Excellence.
William P. Forbes, executive vice president with Salix Pharmaceuticals, sold 20,000 shares of company stock for a total transaction value of $3.16 million, according to a report by The Legacy.
The FDA approved the REZA BAND from Somna Therapeutics. The REZA BAND applies slight pressure to the neck to reduce laryngopharyngeal reflux symptoms.
If you have a question, issue or note to suggest on a GI/endoscopy company please contact Carrie Pallardy at cpallardy@beckershealthcare.com.
More articles on gastroenterology:
Vegetarian diet associated with reduced CRC risk
Gastroenterology technology company to know: Exalenz Bioscience
26 gastroenterologists making headlines – March 10, 2015
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
