Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
YOQNEAM, ISRAEL -- (MARKET WIRE) -- 10/12/07 -- Given Imaging Ltd. (NASDAQ: GIVN) today
announced that leading gastroenterologists will present clinical data on
PillCam® SB and PillCam ESO at the Annual Scientific Meeting of the
American College of Gastroenterology (ACG), which will take place in
Philadelphia from October 12 to 17. The Company will demonstrate its next
generation PillCam Platform products, including PillCam SB 2, RAPID 5 and
PillCam ESO 2, at Booth #316.
Clinicians will present posters that discuss several new indications for
PillCam ESO as well as new data on PillCam SB. Highlights include:
PillCam ESO
Title: Esophageal Capsule Endoscopy for Evaluation of Gastroesophageal
Reflux Disease
Abstract #: P9
Lead Investigator: Disaya Chavalitdhamrong, M.D., Capsule Endoscopy
Services Study Group
Date/Time: Sunday, October 14, 2007 3:30pm - 7:00pm
Location: Exhibit Hall B
This study reports the results of a 312-patient study to determine the use
of PillCam ESO as an alternative to esophagogastroduodenoscopy (EGD) to
visualize esophageal lesions associated with GERD.
Title: PillCam ESO for Evaluating the Esophagus in the Workplace:
Making it Even Easier to Swallow
Abstract #: P349
Lead Investigator: Daniel S. Mishkin, M.D., C.M., Instructor of Medicine,
Boston University School of Medicine
Date/Time: Monday, October 15, 2007 12:15pm - 2:00pm
Location: Exhibit Hall B
This study was conducted on the premise that individuals are not being
evaluated for acid reflux due to concerns over lost work productivity, fear
of traditional methods of evaluation and increased use of over-the-counter
medication to suppress symptoms. Physicians conducted a 10-patient pilot
study at a major U.S. corporation to determine the feasibility of offering
PillCam ESO at an onsite corporate medical facility.
Title: Use of PillCam ESO Endoscopy for Early Detection of Esophageal
Injury after Radiofrequency Ablation Therapy for Atrial Fibrillation
Abstract #: P14
Lead Investigator: Milan Dodig M.D., Department of Gastroenterology and
Hepatology, Cleveland Clinic Foundation
Date/Time: Sunday, October 14, 2007 3:30pm - 7:00pm
Location: Exhibit Hall B
One new indication being studied is the use of PillCam ESO to detect
esophageal injury following radiofrequency ablation for atrial
fibrillation. In time, esophageal lesions can lead to development of
esophageal fistulas with a high mortality rate.
PillCam SB
In addition to the PillCam ESO studies being presented, there are numerous
studies on PillCam SB, including two 652-patient five-year retrospective
studies let by Adnan Muhammad of St. Peter's University Hospital, New
Brunswick, New Jersey.
Title: Experience with Wireless Capsule Endoscopy in the Evaluation of
Patients with Crohn's Disease
Abstract #: P935
Lead Investigator: Adnan Muhammad, MD, Saint Peter's University Hospital
Date/Time: Tuesday, October 16, 2007 12:15pm - 2:00pm
Location: Exhibit Hall B
This study examines 652 PillCam SB cases from a five-year period to
determine the utility of PillCam SB in diagnosing indeterminate colitis and
unclassified inflammatory bowel disease.
Title: A Single-Center Experience with 652 Cases of Wireless Capsule
Endoscopy over a Period of 5 Years
Abstract #: P307
Lead Investigator: Adnan Muhammad, MD, Saint Peter's University Hospital
Date/Time: Sunday, October 14, 2007 3:30pm - 7:00pm
Location: Exhibit Hall B
This five-year retrospective study of 652 cases determines the frequency of
various small bowel indications identified by PillCam SB as well as the
diagnostic yield.
About Given Imaging Ltd.
Given Imaging is redefining gastrointestinal diagnosis by developing,
producing and marketing innovative, patient-friendly products for detecting
gastrointestinal disorders. The company's technology platform is the
PillCam® Platform, featuring the PillCam video capsule, a disposable,
miniature video camera contained in a capsule, which is ingested by the
patient, a sensor array, data recorder and RAPID® software. Given Imaging
has three commercially available capsules: the PillCam SB video capsule to
visualize the entire small intestine, which is currently marketed in the
United States and in more than 60 other countries; the PillCam ESO video
capsule to visualize the esophagus; and the Agile(TM) patency capsule to
determine the free passage of the PillCam capsule in the GI tract. The
PillCam COLON video capsule to visualize the colon has been cleared for
marketing in the European Union, and multi-center clinical trials are
underway in Europe and the U.S. More than 560,000 patients worldwide have
benefited from the PillCam capsule endoscopy procedure. Given Imaging's
headquarters, manufacturing and R&D facilities are located in Yoqneam,
Israel. It has operating subsidiary companies in the United States,
Germany, France, Japan and Australia. For more information, visit
http://www.givenimaging.com.
About Ethicon Endo-Surgery
Ethicon Endo-Surgery, Inc., an operating company of Johnson & Johnson, is a
global leader in minimally invasive and traditional surgical devices for
bariatric surgery and many other areas of surgery. The company develops and
markets advanced medical devices for minimally invasive and open surgical
procedures. The company focuses on procedure-enabling devices for the
interventional diagnosis and treatment of conditions in general and
bariatric surgery, as well as gastrointestinal health, plastic surgery,
orthopedics, gynecology and surgical oncology. More information on the
company can be found at www.ethiconendo.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) satisfactory results of clinical trials with PillCam Colon
(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 future litigation, including patent
litigation with Olympus Corporation, (8) the reimbursement policies for our
product from healthcare payors, (9) quarterly variations in operating
results, (10) the possibility of armed conflict or civil or military unrest
in Israel, and (11) 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, 2006. 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.