DALLAS, June 23, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring EnteroMedics Inc. (Nasdaq:ETRM). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/ETRM
EnteroMedics Inc. (ETRM) is a development-stage medical device company focused on the design and development of devices that use neuroblocking technology to treat obesity, its associated co-morbidities and other gastrointestinal disorders. The Company's neuroblocking technology, which it refers to as VBLOC therapy, is designed to intermittently block the vagus nerve using high-frequency, low-energy and electrical impulses. The Company's product under development is the Maestro System, which uses VBLOC therapy to limit the expansion of the stomach, helps control hunger sensations between meals, reduces the frequency and intensity of stomach contractions, and produces a feeling of early and prolonged fullness. As of December 31, 2008, the Company was evaluating the Maestro System in human clinical trials conducted in the United States, Australia, Mexico, Norway and Switzerland. The Company was formerly known as Beta Medical Inc. and changed its name to EnteroMedics Inc. in October 2003.
Message Board Search for ETRM: http://www.boardcentral.com/boards/ETRM
In the report, the analyst notes:
"For the three months ended March 31, 2010, the Company reported a net loss of $4.7 million, or $0.11 per share, research and development expenses of $2.4 million and general and administrative expenses of $2.0 million.
"The Company also recently announced updated data from its EMPOWER(TM) study in obesity. The EMPOWER study is a randomized, double-blind, controlled pivotal study designed to evaluate the safety and efficacy of the Maestro System in the treatment of obesity… The review further suggested that weight loss effects were evident in both the treatment and control arms because the control arm of the trial, which was intended to be inactive, apparently provided a low-intensity blocking signal that introduced VBLOC Therapy in human subjects."
To read the entire report visit: www.microstockprofit.com/lp/ETRM
See what investors are saying about ETRM at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.