Favorable Ad Comm vote for EnteroMedics obesity device

|About: EnteroMedics Inc. (ETRM)|By:, SA News Editor

The FDA's Gastroenterology and Urology Devices Panel votes 8:1 in favor of the safety of EnteroMedics' (ETRMMaestro VBLOC Therapy system for the treatment of obesity, but votes 4:5 on the issue of reasonable assurance of efficacy. The final vote, however, was 6:2 recommending approval with one abstention. The FDA usually follows the majority of an Ad Comm vote.

The Maestro is a pacemaker-like device that delivers VBLOC therapy which controls the hunger sensation and sense of fullness by blocking the primary (Vagus) nerve that regulates the digestive system.

Shares are up 15% AH on heavy volume.