Parents Relieved as Young Patients Gain Access to Leading Small Bowel Evaluation TechnologyYOQNEAM, ISRAEL, Oct 01, 2009 (MARKETWIRE via COMTEX) -- Given Imaging Ltd. (NASDAQ: GIVN), the global leader in capsule
endoscopy, today announced that the U.S. Food and Drug Administration
(FDA) recently cleared its PillCam(R) SB video capsules and Agile(TM)
patency capsules for use in patients two years of age and older.
"Young children who present with GI issues are often our most
challenging cases since many of them must undergo several diagnostic
procedures, often without a definite diagnosis," said A.
Fritscher-Ravens, Department of Interdisciplinary Endoscopy,
University Hospital Kiel, Germany. "Through our studies we have found
that only with capsule endoscopy can we visualize the small bowel
sufficiently to reach a diagnosis and treat the underlying cause of
their symptoms."
Previously PillCam SB and Agile were indicated for children 10 years
and older. PillCam SB is cleared for the visualization of the small
bowel mucosa and may be used as a tool for the detection of
abnormalities of the small bowel.
"Research shows that small bowel capsule endoscopy helps improve
outcomes and enable better medical decisions through more effective
diagnosis of pediatric patients' gastrointestinal issues," said
Stanley Cohen, M.D., of the Children's Center for Digestive
Healthcare in Atlanta, Georgia.
"Given Imaging demonstrated to the FDA through several clinical
trials that PillCam capsule endoscopy can help bring value to very
young patients in need of small bowel evaluation," said Homi Shamir,
president and CEO, Given Imaging. "The needs of these patients are
often overlooked, but they represent a very important group for whom
accurate diagnosis and effective treatment can impact their lives
significantly. We are proud to play a part in improving children's
lives."
PillCam capsule endoscopes are ingestible video capsules that enable
physicians to visualize distinct portions of the GI tract. Patient
friendly in nature, PillCam endoscopy typically is used on an
outpatient basis and has been clinically validated, as evidenced by
more than 1,000 peer-reviewed publications. To date, more than
1,000,000 patients worldwide have benefited from Given Imaging's
PillCam capsule endoscopy.
-- PillCam SB is used by physicians to evaluate patients and detect small
bowel abnormalities, such as obscure GI bleeding, iron deficiency anemia,
suspected Crohn's disease, suspected small intestinal tumors, polyposis
syndromes, as well as in suspected or refractory malabsorptive syndromes,
such as celiac disease.
-- The Agile Patency System is an accessory to the PillCam video capsule
intended to verify adequate patency of the gastrointestinal tract in
patients with known or suspected strictures prior to administration of the
PillCam video capsule. Clinical situations in which physicians may wish to
confirm patency include suspicion of strictures due to Crohn's disease,
chronic NSAID use, tumors and radiation enteritis.
About Given Imaging Ltd.
Given Imaging has advanced gastrointestinal diagnosis by developing
innovative, patient-friendly tools based on its PillCam(R) Platform.
PillCam capsule endoscopy provides physicians with natural images of
the small intestine via PillCam(R) SB, the esophagus through
PillCam(R) ESO, and the colon with PillCam(R) COLON [PillCam COLON
is not cleared for use in the USA]. The PillCam capsules are
miniature video cameras that patients ingest. Given Imaging's other
capsule products include Agile(TM) patency capsule, to verify
intestinal patency, and Bravo(R), the only wireless, catheter-free,
48-hour pH test commercially available for pH testing to assess
gastroesophageal reflux disease (GERD). Given Imaging's products use
cutting-edge, wireless technology and advanced software to enable
gastroenterologists to better diagnose diseases of the esophagus,
small bowel and colon and more accurately treat patients. All Given
Imaging products allow patients to maintain normal activities. Since
2001, more than one million PillCam(R) video capsules have helped
physicians evaluate patients for GI disorders. Given Imaging's
headquarters, manufacturing and R&D facilities are located in
Yoqneam, Israel, with operating subsidiaries in the United States,
Germany, France, Japan, Australia and Singapore. For more
information, please visit http://www.givenimaging.com.
This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include, but are not limited to, projections about our business and
our future revenues, expenses and profitability. Forward-looking
statements may be, but are not necessarily, identified by the use of
forward-looking terminology such as "may," "anticipates,"
"estimates," "expects," "intends," "plans," "believes," and words and
terms of similar substance. Forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
the actual events, results, performance, circumstances or
achievements of the Company to be materially different from any
future events, results, performance, circumstances or achievements
expressed or implied by such forward-looking statements. Factors that
could cause actual events, results, performance, circumstances or
achievements to differ from such forward-looking statements include,
but are not limited to, the following: (1) our ability to develop and
bring to market new products, (2) our ability to receive regulatory
clearance or approval to market our products or changes in regulatory
environment, (3) our success in implementing our sales, marketing and
manufacturing plans, (4) protection and validity of patents and other
intellectual property rights, (5) the impact of currency exchange
rates, (6) the effect of competition by other companies, (7) the
outcome of significant litigation, (8) our ability to obtain
reimbursement for our product from government and commercial payors,
(9) quarterly variations in operating results, (10) the possibility
of armed conflict or civil or military unrest in Israel, (11) the
impact of global economic conditions, and (12) other risks and
factors disclosed in our filings with the U.S. Securities and
Exchange Commission, including, but not limited to, risks and factors
identified under such headings as "Risk Factors," "Cautionary
Language Regarding Forward-Looking Statements" and "Operating Results
and Financial Review and Prospects" in the Company's Annual Report on
Form 20-F for the year ended December 31, 2008. You are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Except for the
Company's ongoing obligations to disclose material information under
the applicable securities laws, it undertakes no obligation to release
publicly any revisions to any forward-looking statements, to report
events or to report the occurrence of unanticipated events.
For further information contact:
Fern Lazar/David Carey
Lazar Partners Ltd.
1-(866) GIVEN-IR
Email Contact
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SOURCE: Given Imaging
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