Reuters logo
UPDATE 2-Given Imaging video capsule cleared for young children
October 1, 2009 / 2:06 PM / in 8 years

UPDATE 2-Given Imaging video capsule cleared for young children

* PillCam SB approved for children 2 years and older

* Co sees no significant impact on 2009 earnings (Recasts; adds company comment, updates share movement)

BANGALORE, Oct 1 (Reuters) - Israel’s Given Imaging Ltd GIVN.O said U.S. health regulators approved its ingestible video capsules that help physicians in evaluating abnormalities of the small bowel in children aged two years and older.

The company’s PillCam SB video capsules and Agile Patency System, an accessory to the capsule, were previously indicated for children of 10 years and above.

“We do not expect any significant impact on 2009 earnings”, Chief Financial Officer Yuval Yanai told Reuters by email.

In August, the company reaffirmed its 2009 view and said it expects earnings of 46 cents to 54 cents a share, excluding items, on revenue of $141 million to $148 million.

Shares of Given Imaging were down 2 percent at $14.63 in afternoon trade Thursday on Nasdaq. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Vinu Pilakkott and Aradhana Aravindan)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below