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Last $0.14 USD
Change Today -0.28 / -66.67%
Volume 4.2K
GIDYL On Other Exchanges
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

gi dynamics inc-cdi (GIDYL) Snapshot

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52 Week High
06/26/14 - $0.67
52 Week Low
10/21/14 - $0.10
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Current Stock Chart for GI DYNAMICS INC-CDI (GIDYL)

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gi dynamics inc-cdi (GIDYL) Details

GI Dynamics, Inc. designs, develops, and markets medical devices for non-surgical approaches. The company’s lead product includes EndoBarrier, an incision-free, non-anatomy altering solution designed to mimic the duodenal-jejunal exclusion created by gastric bypass surgery. It serves health care providers, such as gastroenterologists, endocrinologists, and bariatric surgeons; and distributors of medical devices. The company sells its product directly, as well as through local and regional distributors in Europe, South America, the Asia Pacific region, and the Middle East. GI Dynamics, Inc. was founded in 2003 and is headquartered in Lexington, Massachusetts.

69 Employees
Last Reported Date: 03/30/15
Founded in 2003

gi dynamics inc-cdi (GIDYL) Top Compensated Officers

Chief Medical Officer
Total Annual Compensation: $220.0K
Compensation as of Fiscal Year 2013.

gi dynamics inc-cdi (GIDYL) Key Developments

GI Dynamics, Inc. Announces U.S. Food and Drug Administration Placed Hold on Enrollment in its Pivotal Clinical Trial of Endobarrier Therapy in U.S

GI Dynamics, Inc. announced that the U.S. Food and Drug Administration (FDA) has placed a hold on enrollment in the company's ongoing pivotal clinical trial of EndoBarrier Therapy (the ENDO Trial) in the U.S. Monitoring and data collection involving patients currently enrolled in the ENDO Trial will continue. The decision to hold further enrollment results from 4 cases of a bacterial infection of the liver, known as hepatic abscess, among the 325 subjects currently enrolled in the ENDO Trial. Hepatic abscess is a known event related to the use of EndoBarrier but has recently presented at a higher than anticipated rate in the ENDO Trial. The FDA has therefore requested additional information to further assess the risk: benefit profile of the EndoBarrier in the ENDO Trial. The company has already implemented several risk mitigation strategies in the ENDO Trial and is expeditiously working to submit the requested information to the FDA for their review in an effort to resume enrollment.

GI Dynamics, Inc. - Special Call

To update investors regarding the ENDO Trial

GI Dynamics, Inc. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2014

GI Dynamics, Inc. reported unaudited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported loss from operations of $48,190,000 against $34,856,000 a year ago. Loss before income tax expense was $48,135,000 against $35,482,000 a year ago. Basic and diluted net loss per commons hare was $0.54 against $0.53 a year ago.


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