A guide-wire device is presented. The guide-wire device is includes a guide-wire housing, an inner shaft member disposed within the guide-wire housing, and a balloon for use in foreign body extraction and as an anchoring means to facilitate the exchange of ancillary devices over the guide-wire housing. An inflation hub is adapted to form a coupling with the proximal portion of the guide-wire housing and a flexible tip is disposed to the distal portion of the balloon.