Given Imaging Ltd.

www.givenimaging.com ; www.facebook.com/GivenImaging

Now Medtronic Israel

High-Tech Company

Acquired by Covidien

TECH VERTICALS

Computer Vision, Gastroenterology, Healthtech, Life Sciences, Machine Vision, Medical Devices, MedTech

General Data

Sector	Medical Devices
Company Stage:	Revenue Growth
Established	1998
Number of Employees	804
Reg. Number:	abCDe

DESCRIPTION

Given Imaging is a world leader in GI medical devices, offering health care providers a range of innovative options for visualizing, diagnosing and monitoring the digestive system. The company offers a broad product portfolio including PillCam® capsule endoscope for the small bowel, esophagus and colon. The company also offers industry-leading GI functional diagnostic solutions including ManoScan™ high-resolution manometry, Bravo® capsule-based pH monitoring, and Digitrapper® pH-Z impedance, and the SmartPill GI monitoring systems. Given Imaging is committed to delivering breakthrough innovations to the GI community and supporting its ongoing clinical needs.

TECHNOLOGY

The company's technology platform is the Given(R) Diagnostic System, featuring the PillCam video capsule, a disposable, miniature video camera contained in a capsule, which is ingested by the patient. The PillCam SB capsule is a naturally ingested method for direct visualization of the entire small intestine. The PillCam ESO video capsule, which provides visual examination of the esophagus, has been cleared for marketing by the FDA. Additional capsules for visualization of the stomach and colon are under development.

Products and Phases

Product	Phase
ESO 2	FDA Approved
“Video in a pill” capsule for the esophagus
Pillcam COLON	Approved CE Approved PMDA
PillCam COLON enables the physician to directly see the colon mucosa in its natural state while not requiring sedation, intubation, air insufflation, hospitalization or radiation. PillCam COLON is a smooth plastic capsule which can be naturally ingested with a sip of water. It utilizes advanced optical technology with tiny video cameras at each end, which produces enhanced resolution images and includes automatic light control and a wide field of view
Agile	FDA Approved
Patency capsule, to verify intestinal patency
Bravo	FDA Approved
Wireless, catheter-free, 48-hour pH test commercially available for pH testing to assess gastroesophageal reflux disease (GERD).
PillCam SB3	FDA Approved
PillCam® SB is the most widely used, patient-friendly tool for directly visualizing the small bowel to detect, diagnose and monitor abnormalities. This procedure is the standard of care for small bowel evaluation, helping healthcare practitioners determine the presence and source of obscure GI bleeding and providing a valuable perspective for improving patient outcomes. With PillCam SB, physicians can visualize the entire small bowel without putting their patients through a lengthy, uncomfortable procedure or having them undergo sedation. By simply swallowing a vitamin-sized capsule, physicians may detect and monitor lesions, ulcers, tumors, and bleeding within the small bowel.

ESTIMATED ANNUAL SALES

Year	Amount
2013	500
2012	490
2011	480
2010	470
2009	460
2008	450
2007	440
2006	430
2005	420
2004	410
2003	400
2002	390
2001	380

	TARGET MARKETS
	Hospitals, Medical Institutions.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Patent Attorneys
abC Defghij	Investment Bank

CONTACT INFO

Expand / Collapse All

Main Address: Yoqneam, Israel

Address	2 Hacarmel St., New Industrial Park
POB	258
City	Yoqneam
Country	Israel
Zip	20692

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Duluth, United States

Address	3950 Shackleford Rd., Ste. 500
City	Duluth
State/Province	GA
Country	United States
Zip	30096-1852

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Culver City, United States

Address	5860 Uplander Way POB 258
POB	258
City	Culver City
State/Province	CA
Country	United States
Zip	90230

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Canada

Country	Canada

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Oakville, Canada

Address	2844 Bristol Circle
City	Oakville
Country	Canada
Zip	L6H 6G4

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Mississauga, ON, Canada

Address	145 Traders Blvd E., Unit 34
City	Mississauga, ON
Country	Canada
Zip	L4Z 3L3

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: San Paolo, Brazil

Address	Rua Cardoso Dealmeda #60 CJ53, Perdizes
City	San Paolo
Country	Brazil
Zip	SP CEP 05013-000

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Hamburg, Germany

Address	Borsteler Chaussee 47
City	Hamburg
Country	Germany
Zip	22453

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Maisons-Laffitte, France

Address	22 Rue Guynemer 1st Floor
City	Maisons-Laffitte
Country	France
Zip	78600

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: North Ryde, Australia

Address	Unit 6A, The Park 5 Talavera Rd.
City	North Ryde
Country	Australia
Zip	NSW 2113

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Wanchai, Hong Kong

Address	27/F, Unit A 250 Hennessy Road
City	Wanchai
Country	Hong Kong

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tokyo, Japan

Address	2F KDX Kojimachi Bldg. 3-3 Kojimachi, Chiyoda-ku
City	Tokyo
Country	Japan
Zip	102-0083

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Dr. Gabriel Joseph Iddan	Co-Founder	RDC (CTO)
Mr. Gavriel Meron	Co-Founder	Applitec (CEO)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Dec. 07, 2013

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Jun. 18, 2004	Second Public Offering	NASDAQ GS	abCDe	abCDe
Mar. 15, 2004	Dual Listing	TASE	abCDe	abCDe
Oct. 04, 2001	IPO	NASDAQ GS	abCDe	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Second Round

Oct. 01, 2000

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Held 14% of the company. Earned back $68m in the time between the company's IPO and acquisition.
abC Defghij	Holding Company	abCDe
abC Defghij	Holding Company	abCDe	Holds 8.8% of the company
abC Defghij	Investment Company	abCDe

First Round

Jan. 01, 1999

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe	Sold holding upon becoming a director

Other

Jan. 01, 1998

Seed

abCDe

Other

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Dec. 06, 2009

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe	Co-op with Magnetecs Corporation

R&D Grant

Jun. 03, 2007

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Apr. 24, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe

R&D Grant

Jun. 01, 2005

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jan. 01, 1999

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

	Acquisitions made by Given Imaging

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Medica...	Oct. 04, 2012	abCDe	In cash.
abC Defghij	N/A	Mar. 21, 2010	abCDe	In cash.
abC Defghij	N/A	Dec. 08, 2008	abCDe	The reflux-monitoring business of Medtronic.

Last Updated:	abCDe
IVC Number:	abCDe