ST. PAUL, Minn., Nov. 1, 2016 /PRNewswire/ -- EnteroMedics Inc. (NASDAQ: ETRM), the developer of medical devices using neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders, today announced that Sachin Kukreja, M.D., Director of Bariatric Surgery, VA North Texas Health Care System, will perform a live adjunctive rescue surgery for a failed gastric sleeve using the Company's vBloc® Neurometabolic Therapy which will be broadcasted to attendees at ObesityWeek 2016 (http://obesityweek.com/). Additionally, Scott Shikora, M.D., F.A.C.S., EnteroMedics' Executive Vice President and Chief Medical Officer, will co-moderate a panel discussion on Neuromodulation for Weight Loss, Metabolic Benefits and Gastroparesis. The conference, held by the American Society for Metabolic & Bariatric Surgery (ASMBS) and The Obesity Society (TOS), is taking place October 31 to November 4 in New Orleans, Louisiana.
Dr. Kukreja will perform the procedure during a live surgery session from 7:30-10:15 a.m. CT on Friday, November 4. The surgery will be performed on a patient for whom past gastric sleeve surgery failed to sustain weight loss benchmarks. Dr. Kukreja performed gastric sleeve rescue surgeries using vBloc Therapy in two US veterans in May 2016.
Dr. Shikora will co-moderate the panel discussion from 4:15-6:00 p.m. CT on Wednesday, November 2. The panel will include presentations from trusted experts in the field of neuromodulation and will cover topics ranging from weight loss through vagal nerve blocking such as vBloc Therapy to gastroparesis.
"As EnteroMedics continues to work towards obtaining nationwide coverage for our patient population, our presence at ObesityWeek 2016 will expose world-renowned experts in obesity to vBloc Therapy and the benefits it can provide to people living with morbid obesity," said Dan Gladney, EnteroMedics' President, Chief Executive Officer and Chairman of the Board. "We are honored to have vBloc Therapy chosen both as one of the three live surgical procedures to be broadcast to all attendees at ObesityWeek 2016, as well as having the opportunity to discuss neuromodulation and its role in treating obesity through the expert panel discussion."
Dr. Kukreja added, "We are proud to offer veterans the option to use vBloc Therapy when other obesity treatments have failed. When co-morbidities prevent our patients from achieving a healthier lifestyle through traditional bariatric surgery, minimally-invasive salvage procedures such as vBloc Therapy can give them hope."
vBloc Therapy is approved for use in helping with weight loss in people aged 18 years and older who are obese, with a Body Mass Index (BMI) of 40 to 45 kg/m2, or a BMI of 35 to 39.9 kg/m2 with a related health condition such as Type 2 diabetes, high blood pressure, high cholesterol levels or obstructive sleep apnea.
About EnteroMedics Inc.
EnteroMedics is a medical device company focused on the development and commercialization of its neuroscience based technology to treat obesity and metabolic diseases. vBloc® Neurometabolic Therapy, delivered by a pacemaker-like device called the vBloc® System, is designed to intermittently block the vagus nerves using high-frequency, low-energy, electrical impulses. EnteroMedics' vBloc® System has received U.S. Food and Drug Administration approval and CE Mark.
Information about the vBloc® System and vBloc® Neurometabolic Therapy
You should not have an implanted vBloc® System if you have cirrhosis of the liver, high blood pressure in the veins of the liver, enlarged veins in your esophagus or a significant hiatal hernia of the stomach; if you need magnetic resonance imaging (MRI); if you have a permanently implanted, electrical medical device; or if you need a diathermy procedure using heat. The most common related adverse events that were experienced during clinical study of the vBloc System included pain, heartburn, nausea, difficulty swallowing, belching, wound redness or irritation, and constipation.
Talk with your doctor about the full risks and benefits of vBloc Therapy and vBloc System. For additional prescribing information, please visit www.enteromedics.com.
If you are interested in learning more about vBloc Neurometabolic Therapy, please visit www.vbloc.com or call 1-800-MY-VBLOC.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements about EnteroMedics Inc. Our actual results could differ materially from those discussed due to known and unknown risks, uncertainties and other factors including our limited history of operations; our losses since inception and for the foreseeable future; our limited commercial sales experience with our vBloc® System for the treatment of obesity in the United States or in any foreign market other than Australia and the European Community; our ability to regain and then maintain compliance with the Nasdaq continued listing requirements; our ability to commercialize our vBloc® System; our dependence on third parties to initiate and perform
our clinical trials; the need to obtain regulatory approval for any modifications to our vBloc® System; physician adoption of our vBloc® System and vBloc® Neurometabolic Therapy; our ability to obtain third party coding, coverage or payment levels; ongoing regulatory compliance; our dependence on third party manufacturers and suppliers; the successful development of our sales and marketing capabilities; our ability to raise additional capital when needed; international commercialization and operation; our ability to attract and retain management and other personnel and to manage our growth effectively; potential product liability claims; potential healthcare fraud and abuse claims; healthcare legislative reform; and our ability to obtain and maintain intellectual property protection for our technology and products. These and additional
risks and uncertainties are described more fully in the Company's filings with the Securities and Exchange Commission, particularly those factors identified as "risk factors" in the annual report on Form 10-K filed March 28, 2016. We are providing this information as of the date of this press release and do not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.
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SOURCE EnteroMedics Inc.