ReShape Lifesciences (Nasdaq: RSLS) has received Health Canada approval for its next-generation Lap-Band® 2.0 FLEX and Tubing Kit. The enhanced device features new Flex technology that acts as a relief valve, allowing larger food pieces to pass through more easily by temporarily relaxing before returning to its resting diameter. Like its predecessor, the device can be adjusted post-operatively to optimize eating habits and comfort. The company has completed a market release in the U.S. with positive surgeon feedback and plans to launch the product in Canada soon.