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For Apollo Endosurgery, a bet on older Allergan tech starts paying off

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Apollo Endosurgery spent $90 million-plus nearly two years ago to acquire the Lap-Band gastric band weight loss system and the in-development Orbera intra-gastric balloon from Allergan (NYSE: AGN). A well-trained, international sales force also came with the acquisition. Recently, I asked founder, president & chief commercial officer Dennis McWilliams if the investment was worth it, […]

Apollo Endosurgery wins FDA nod for gastric weightloss balloon

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Apollo Endosurgery said today it won FDA pre-market approval for its weight-loss focused Orbera intragastric balloon. The balloon device is designed to be inserted non-surgically in obese patients with body mass indexes of 30 to 40, the Austin, Texas-based company said. After insertion, the balloon is inflated to fill space in the stomach. “While new […]

Apollo Endosurgery to buy Allergan’s obesity biz for up to $110M

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Apollo Endosurgery to buy Allergan's obesity biz for up to $110M

Almost exactly 1 year after saying it would seek a buyer for its Lap-Band obesity device, Allergan (NYSE:AGN) said today that Apollo Endosurgery agreed to spend up to $110 million on Allergan’s obesity intervention business, which includes the Orbera intra-gastric balloon.

AngioDynamics details $372M Navilyst buyout details | Wall Street Beat

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MassDevice.com Wall Street Beat

Financial projections from AngioDynamics (NSDQ:ANGO) about its $372 million deal to acquire Navilyst Medical show that it expects to reap some significant rewards from the merger over the short and long terms.

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