Endogastric Solutions, the maker of the Esophyx device announced on Monday(Aug 30th, 2010) that they had secured an additional $30 million dollars in funding. You can read more information about the Esophyx procedure from my previous post on it.
Thierry Thaure, President and Chief Executive Officer of EndoGastric Solutions commented: “Our technology offers significant clinical, economic and strategic benefits to our hospital and surgeon customers. Over the past two years, the EsophyX and StomaphyX product platforms have been embraced with a high level of enthusiasm by the surgeon community…
Esophyx is a fundoplication device & procedure that does not require incisions and instead is performed completely through the esophagus. Esophyx has come under fire recently for misleading statements & performance. It is marketed as a reversible procedure, but many have been told that their procedure cannot be undone. Additionally some have found no benefit or have had their symptoms worsen after the procedure. There is currently at least one lawsuit claiming Endogastric Solutions has made misleading statements regarding the Esophyx procedure.
Endogastric Solutions Press Release
Esophyx Procedure Reduces Heartburn For Some. For Others The Results Vary
Update: It appears EndoGastric Solutions is in some hot water from the FDA regarding the device malfunctioning, as well as marketing the device as being reversible when in most(?)/many(?) cases it is not. There is also some legal action taking place as well.
Just read about the Esophyx procedure on NBC’s Dallas Fort Worth website. The procedure is offered as an alternative to Nissen Fundoplication. The goal is to resolve acid reflux symptoms by strengthening the Lower Esophageal Sphincter valve.
Nissen Fundoplication is usually done via laparoscopic surgery, which means one or more incisions are made and a tiny camera is used through these incisions to guide the surgeon. The surgeon wraps part of the stomach around the LES valve and then staples it together so it holds tight around the LES. In some cases mesh devices are needed to help hold the stomach in place. Overall it is a serious procedure with side effects being the inability to belch causing a build of of gas, the inability to vomit, dumping syndrome as well as others. Continue reading “Esophyx Procedure Reduces Heartburn For Some. For Others The Results Vary” »