The FDA, Investors Support Obesity Devices for the Bulk of Patients

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ARTICLE SUMMARY:

In a little over a year, five PMA approvals and two financing events point to robust growth in the market for minimally invasive obesity devices.

Obalon Therapeutics Inc. priced its IPO last week; it intends to offer five million shares in the range of $14-16 per share, which will give it a market cap of approximately $250 million.

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