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Weight-loss surgery company raises $18.5 million

January 25, 2008 in Bariatric Surgery by Allen | No comments

Here’s an indication of what’s going to happen to the bariatric (weight-loss) surgery market over the next few years.

NewHope Bariatrics just landed $18.5 million in financing to expand their operations by opening surgical centers throughout the country.

This means that some financial folks did some serious research and concluded that bariatric surgery was a huge and growing market.

It certainly has been in recent years (175,000 procedures in 2005 which is 8 times the number in 1999).

Why is this happening?

Two reasons:

* The potential market is growing with more people becoming morbidly obese.
* Weight-loss diets and prescription weight-loss drugs have such a poor track record that physicians are seeking new therapies — and bariatric surgery is the only other option they believe is available.

Not true. For over 100 years people have used another weight-loss method with great results. But, its not supported by millions of dollars of investment so few people know about it.

Allen Oelschlaeger
Author of Finally, the Straight Scoop About Weight, Nutrition and Fitness

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