Sept 23 (Reuters) - Johnson & Johnson ( JNJ ) said on
Tuesday it will withdraw a device to treat acid reflux disease
from certain markets, citing commercial reasons.
The company has decided to withdraw the product, called LINX
Reflux Management System, in certain countries "following a
thorough evaluation of market conditions and ability to
effectively serve each market," a J&J spokesperson said.
There is no change in the safety or efficacy of the
device, the spokesperson said.
The company did not immediately specify which countries
it plans to exit, and whether this would exclude the U.S.
Bloomberg News reported earlier in the day that J&J would
withdraw the device from markets outside the U.S. by the end of
March, citing a company letter sent to doctors.
The device is approved for patients with chronic
gastroesophageal reflux disease, a condition in which the
stomach contents leak backward from the stomach into the food
pipe.
LINX is a flexible ring of small magnets placed around a
band of muscles located at the base of the esophagus to help
keep them closed to prevent reflux, according to the company.