GI Dynamics CEO is optimistic about Endobarrier’s future: Here’s why

GI Dynamics (ASX:GID) CEO Scott Schorer has had an uphill battle over the past year. His company has faced regulatory and compliance issues, negative shareholder sentiment and a number of other concerns. But Schorer and his team are committed to righting the ship and saving a product they see as having no equal in the current

GI Dynamics taps Proven Process as EndoBarrier manufacturer

GI Dynamics (ASX:GID) said today it inked a contract manufacturing partnership deal with Proven Process Medical Devices. Through the deal, Proven Process will manufacture Boston-based GI Dynamic’s EndoBarrier device at its Mansfield, Mass.-based facilities. The EndoBarrier is a plastic gut sleeve designed to prevent the absorption of nutrients from food as it exits the stomach and enters the