Israeli medical device company Given Imaging (GIVN +1.4%) acquires the SmartPill GI Monitoring...

|By:, SA News Editor

Israeli medical device company Given Imaging (GIVN +1.4%) acquires the SmartPill GI Monitoring System from The SmartPill Corporation, a U.S.-based firm, for $6M. The SmartPill is an ingestible capsule that uses sensor technology to measure pH, pressure and temperature in the GI tract, and is used to evaluate motility disorders like gastroparesis and constipation.