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Weight loss: GI Dynamics notches milestones in Israel, Netherlands

April 7, 2014 by Arezu Sarvestani

GI Dynamics keeps knocking down global milestones, touting reimbursement new wins in Israel and the Netherlands.

Weight loss: GI Dynamics notches milestones in Israel, Netherlands

Weight-loss devices maker GI Dynamics (ASX:GID) announced a couple of new wins in recent weeks, tallying new reimbursement coverage from healthcare officials in Israel and the Netherlands.

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GI Dynamics lands German reimbursement win

February 4, 2014 by Chris Walker

GI Dynamics' EndoBarrier weight loss and diabetes device, wins a reimbursement nod from German authorities.

GI Dynamics lands German reimbursement win

GI Dynamics (ASX:GID) said it won a reimbursement nod in Germany for its flagship EndoBarrier weight loss and diabetes device.

Reimbursement process begins in Switzerland, Germany for GI Dynamics' EndoBarrier

October 3, 2013 by Brad Perriello

Regulators in Switzerland and Germany take the 1st steps toward reimbursement for GI Dynamics' flagship EndoBarrier device to treat obesity and Type II diabetes.

Reimbursement process begins in Switzerland, Germany for GI Dynamics' EndoBarrier

GI Dynamics (ASX:GID) said Swiss and German regulators took the 1st steps toward reimbursement in those countries for its EndoBarrier weight loss and diabetes device.

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Diabetes: GI Dynamics pulls in $35M tranche in $52M round

July 31, 2013 by Brad Perriello

GI Dynamics raises $35 million on its way to the $52 million it's hoping to raise to back a U.S. trial of its EndoBarrier weight loss and diabetes device.

GI Dynamics pulls in $35M tranche in $52M round

GI Dynamics (ASX:GID) said it's pulled in nearly $35 million as part of a $52 million funding round it's planning to use to back a U.S. trial of its EndoBarrier device.

The Lexington, Mass.-based medical device company said in a regulatory filing that it's drummed up $34.8 million from 13 unnamed investors.

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Weight loss: GI Dynamics raises $52M, announces share purchase plan

July 3, 2013 by Brad Perriello

GI Dynamics says it's set to raise about $52 million from a private placement and is looking to drum up another $2.3 million from existing shareholders to back a U.S. trial of its EndoBarrier weight loss device.

GI Dynamics raises $52M, announces share purchase plan

GI Dynamics (ASX:GID) said it's raised roughly $52.2 million (A$57.5 million) in a private placement and is offering another $2.3 million (A$2.5 million) in a stock purchase plan for existing shareholders.

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Weight loss: France bankrolls EndoBarrier cost trial for GI Dynamics

June 21, 2013 by Sony Salzman

French regulators bankroll a study to look at the costs and utility of GI Dynamics' EndoBarrier weight-loss device.

France backs a $1.5 million GI Dynamics EndoBarrier trial to evaluate costs

French regulators will fund a trial looking at the cost and utility of the EndoBarrier device for Type II diabetes and weight loss made by GI Dynamics (ASX:GID).

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Weight loss: GI Dynamics adds centers in Europe

June 18, 2013 by Brad Perriello

GI Dynamics says another 5 centers in Europe are offering its EndoBarrier weight-loss device for treating obesity and Type II diabetes.

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GI Dynamics (ASX:GID) said another 5 medical centers in Europe are online with its EndoBarrier weight loss and diabetes device.

The Lexington, Mass.-based medical device company said centers in Spain, Switzerland and 3 in Germany are now implanting the device, a gut liner designed to inhibit the uptake of nutrients from food.

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