{"id":149535,"date":"2010-01-07T10:54:46","date_gmt":"2010-01-07T15:54:46","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=57546"},"modified":"2010-01-07T10:54:46","modified_gmt":"2010-01-07T15:54:46","slug":"medtronic-invests-in-gi-dynamics","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/149535","title":{"rendered":"Medtronic Invests in GI Dynamics"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Biotech\/\">Biotech<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/finances\/\">Finances<\/a><\/div>\n<p>\t\t<strong>Luke Timmerman wrote:<\/strong><\/p>\n<p>GI Dynamics, the Lexington, MA-based maker of a device for treating obesity and diabetes, <a href=\"http:\/\/www.earthtimes.org\/articles\/show\/gi-dynamics-receives-strategic-investment-from-medtronic-inc,1110323.shtml\">said today<\/a> that the device giant Medtronic (NYSE: <a href=\"http:\/\/finance.yahoo.com\/q?s=MDT\">MDT<\/a>) has made a strategic investment in the company. The amount wasn&#8217;t disclosed in a statement, although GI Dynamics submitted a regulatory <a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/1245791\/000124579110000001\/xslFormDX01\/primary_doc.xml\">filing<\/a> that says it just raised $15 million from a single investor. The GI Dynamics technology, called EndoBarrier, is like a sleeve that lines the gut and creates a barrier that controls how food is absorbed into the small intestine. Last month, the company received clearance to market the product in Europe.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/01\/07\/medtronic-invests-in-gi-dynamics\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Medtronic%20Invests%20in%20GI%20Dynamics%20http:\/\/xconomy.com\/?p=57546\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/01\/07\/medtronic-invests-in-gi-dynamics\/&#038;t=Medtronic%20Invests%20in%20GI%20Dynamics\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/boston\/2010\/01\/07\/medtronic-invests-in-gi-dynamics\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Medtronic+Invests+in+GI+Dynamics&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fboston%2F2010%2F01%2F07%2Fmedtronic-invests-in-gi-dynamics%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\t     \t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=0b77d25890b2838399e58c1ce7d3f2d2&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=0b77d25890b2838399e58c1ce7d3f2d2&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2218\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/lBeYp762jEhXxs5Ej3nFZlCulAI\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/lBeYp762jEhXxs5Ej3nFZlCulAI\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/lBeYp762jEhXxs5Ej3nFZlCulAI\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/lBeYp762jEhXxs5Ej3nFZlCulAI\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/MU_LyOOQ1HA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech, deals, Finances Luke Timmerman wrote: GI Dynamics, the Lexington, MA-based maker of a device for treating obesity and diabetes, said today that the device giant Medtronic (NYSE: MDT) has made a strategic investment in the company. The amount wasn&#8217;t disclosed in a statement, although GI Dynamics submitted a regulatory filing that says it just [&hellip;]<\/p>\n","protected":false},"author":1192,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-149535","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/149535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1192"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=149535"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/149535\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=149535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=149535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=149535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}