Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > J&J to withdraw acid reflux device from certain markets outside US
    Finance

    J&J to withdraw acid reflux device from certain markets outside US

    J&J to withdraw acid reflux device from certain markets outside US

    Published by Global Banking and Finance Review

    Posted on September 23, 2025

    Featured image for article about Finance

    (Reuters) -Johnson & Johnson said on Tuesday it will withdraw a device to treat acid reflux disease from certain markets outside the United States, 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.

    Bloomberg News reported earlier in the day J&J would withdraw the device from markets outside the U.S. from 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.

    (Reporting by Mariam Sunny in Bengaluru; Editing by Savio D'Souza, Leroy Leo and Krishna Chandra Eluri)

    Related Posts
    Fitch places Euroclear Bank on 'rating watch negative' over EU's Russian asset plans
    Fitch places Euroclear Bank on 'rating watch negative' over EU's Russian asset plans
    Oil jumps over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
    Oil jumps over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
    UK to provide financial support to save its last ethylene plant
    UK to provide financial support to save its last ethylene plant
    Polestar secures $600 million loan from majority owner Geely Holding
    Polestar secures $600 million loan from majority owner Geely Holding
    Man, couple who died trying to stop Bondi Beach attackers praised for heroic efforts
    Man, couple who died trying to stop Bondi Beach attackers praised for heroic efforts
    Analysis-Consumer goods firms cut CEO tenures short in push for growth
    Analysis-Consumer goods firms cut CEO tenures short in push for growth
    BAE Systems halves stake in Kazakh carrier Air Astana
    BAE Systems halves stake in Kazakh carrier Air Astana
    Tesla ramps up battery cell investments at German gigafactory
    Tesla ramps up battery cell investments at German gigafactory
    Stellantis says EU proposals fall short on auto industry's energy transition needs
    Stellantis says EU proposals fall short on auto industry's energy transition needs
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    US threatens countermeasures on European service providers after EU fines
    US threatens countermeasures on European service providers after EU fines
    EU drops 2035 combustion engine ban as global EV shift faces reset
    EU drops 2035 combustion engine ban as global EV shift faces reset

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostSterling dips after gloomy PMI surveys
    Next Finance PostGerman rail group's board appoints Evelyn Palla as new CEO

    More from Finance

    Explore more articles in the Finance category

    Volkswagen welcomes EU move to drop combustion engine ban

    Volkswagen welcomes EU move to drop combustion engine ban

    Incoming Kraft Heinz CEO says he reserves right to improve split

    Incoming Kraft Heinz CEO says he reserves right to improve split

    FCAS fighter jet "very unlikely" after ministers' talks, source says

    FCAS fighter jet "very unlikely" after ministers' talks, source says

    Campari's parent company settles tax dispute with 405 million euro payment

    Campari's parent company settles tax dispute with 405 million euro payment

    Universal offers to sell Downtown's Curve to win EU approval, source says

    Universal offers to sell Downtown's Curve to win EU approval, source says

    Auto sector divided as EU unveils plans to undo 2035 combustion engine ban

    Auto sector divided as EU unveils plans to undo 2035 combustion engine ban

    Italy's offshore wind push languishes, putting climate goals at risk

    Italy's offshore wind push languishes, putting climate goals at risk

    New Rome metro stations showcase ancient treasures after years of delays

    New Rome metro stations showcase ancient treasures after years of delays

    Exclusive-California Pizza Kitchen reaches buyout deal, names new leadership

    Exclusive-California Pizza Kitchen reaches buyout deal, names new leadership

    Greeks protest against low wages ahead of 2026 budget vote

    Greeks protest against low wages ahead of 2026 budget vote

    AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026

    AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026

    New Czech government signals tough stance on migration, EU emissions rules

    New Czech government signals tough stance on migration, EU emissions rules

    View All Finance Posts