EndoGastric Solutions: Re-Inventing GERD Therapy
Executive SummaryEndoGastric Solutions has found a new approach to GERD surgery: trans-orally with an endoluminal approach. The new procedure should go minimally-invasive surgery one better, but in the process opens up a huge debate: will endoluminal GERD surgery be the province of gastric surgeons or gastroenterologists?
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Founded in 2001, EndoGastric Solutions Inc., a mature medical device company with $140 million in venture backing, hasn’t been able to secure a reliable source of reimbursement dollars for its EsophyX endoscopic treatment for GERD. Under new management, EGS is recommitting itself to collecting necessary clinical data and operating as a lean start-up as it makes its case for coverage and reimbursement with insurers.