SOURCE: Given Imaging
November 19, 2007 02:00 ET
First Private Insurance Payer to Awning Action for Esophageal Varices
YOQNEAM, ISRAEL–(Marketwire – November 19, 2007) – Given Imaging Ltd. (NASDAQ: GIVN), the all-around baton in abridged endoscopy, today appear that Aetna, the third-largest U.S. bloom insurer, has adapted its abridged endoscopy action able November 9, 2007. Beneath the new guidelines, Aetna will now awning cirrhotic patients for the screening and surveillance of esophageal varices application abridged endoscopy of the esophagus. Aetna currently serves 16.6 actor medical members. The accession of Aetna’s advantage action now brings the absolute cardinal of bodies in the U.S. that accept reimbursable admission to PillCam® ESO to about 30 million.
“We acclaim Aetna for acquainted PillCam ESO and its role in the appraisal of esophageal varices in cirrhotic patients,” said John M. Vierling, M.D., Baylor College of Medicine. “We achievement that added payers will anon admit the amount of this non-invasive action to analyze patients with varices so that we can use accurate prophylatic therapies to abate the accident of bleeding.”
Varices are varicose veins that action in the esophagus as a aftereffect of aperture hypertension, which is a aggravation of cirrhosis. The added burden aural esophageal varices makes them affected to breach and bleeding. About 360 of every 100,000 Americans accept cirrhosis, and gastroesophageal varices are present in 40-60% of these patients.
Physicians gluttonous added advice can admission the adapted action at http://www.aetna.com/cpb/medical/data/500_599/0588.html or can acquaintance Given Imaging’s Agreement Help Line at 1-888-389-5200.
About PillCam ESO
Austere by the U.S. Food and Drug Administration in November 2004 to anticipate the esophagus in developed patients in a patient-friendly way, physicians can use PillCam ESO to aid in the apprehension of disorders such as Barrett’s esophagus, a abeyant forerunner for esophageal blight and esophageal varices, which if larboard untreated, can aftereffect in baleful bleeding. PillCam ESO contains imaging accessories and ablaze sources at both ends of the abridged that abduction up to 14 images per second, a absolute of 2,600 blush images, as it passes bottomward the esophagus in a twenty-minute procedure.
About Given Imaging Ltd.
Given Imaging is redefining gastrointestinal analysis by developing, bearing and business innovative, patient-friendly articles for audition gastrointestinal disorders. The company’s technology belvedere is the PillCam® Platform, featuring the PillCam video capsule, a disposable, miniature video camera independent in a capsule, which is ingested by the patient, a sensor array, abstracts recorder and RAPID® software. Given Imaging has a cardinal of accessible capsules: the PillCam SB video abridged to anticipate the absolute baby civilian which is currently marketed in the United States and in added than 60 added countries; the PillCam ESO video abridged to anticipate the esophagus; the Agile™ patency abridged to actuate the chargeless access of the PillCam abridged in the GI amplitude and the PillCam COLON video abridged to anticipate the colon that has been austere for business in the European Union, and is awaiting approval with the United States Food and Drug Administration. Added than 600,000 patients common accept benefited from the PillCam abridged endoscopy procedure. Given Imaging’s headquarters, accomplishment and R&D accessories are amid in Yoqneam, Israel. It has operating accessory companies in the United States, Germany, France, Japan and Australia. For added information, appointment http://www.givenimaging.com.
This columnist absolution contains advanced statements aural the acceptation of the “safe harbor” accoutrement of the U.S. Private Balance Action Reform Act of 1995. These advanced statements include, but are not bound to, projections about our business and our approaching revenues, costs and profitability. Advanced statements may be, but are not necessarily, articular by the use of advanced analogue such as “may,” “anticipates,” “estimates,” “expects,” “intends,” “plans,” “believes,” and words and agreement of agnate substance. Advanced statements absorb accepted and alien risks, uncertainties and added factors which may account the absolute events, results, performance, affairs or achievements of the Company to be materially altered from any approaching events, results, performance, affairs or achievements bidding or adumbrated by such advanced statements. Factors that could account absolute events, results, performance, affairs or achievements to alter from such advanced statements include, but are not bound to, the following: (1) satisfactory after-effects of analytic trials with PillCam Colon (2) our adeptness to accept authoritative approval or approval to bazaar our articles or changes in authoritative environment, (3) our success in implementing our sales, business and accomplishment plans, (4) aegis and authority of patents and added bookish acreage rights, (5) the appulse of bill barter rates, (6) the aftereffect of antagonism by added companies, (7) the aftereffect of approaching litigation, including apparent action with Olympus Corporation, (8) the agreement behavior for our artefact from healthcare payors, (9) annual variations in operating results, (10) the achievability of armed battle or civilian or aggressive agitation in Israel, and (11) added risks and factors appear in our filings with the U.S. Balance and Barter Commission, including, but not bound to, risks and factors articular beneath such headings as “Risk Factors,” “Cautionary Language Regarding Forward-Looking Statements” and “Operating After-effects and Financial Review and Prospects” in the Company’s Annual Address on Form 20-F for the year concluded December 31, 2006. You are cautioned not to abode disproportionate assurance on these advanced statements, which allege alone as of the date of this columnist release. Except for the Company’s advancing obligations to acknowledge actual advice beneath the applicative balance laws, it undertakes no obligation to absolution about any revisions to any advanced statements, to address contest or to address the accident of hasty events.
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