Given Imaging Ltd. (GIVN) Message Board

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  • mtdsus mtdsus • Aug 15, 2012 3:37 PM Flag

    Colon Capsule will eventually come close to Gold Standard Colonoscopy

    What do you mean--PillCam small % of Given.It is close to 135-140 million$ out of 185-195mil.$ sales(Ph sales are close to 50mil.$--acquired co.).
    If you mean Colon 2 Capsule--that has not received FDA approval in USA.
    Given is saying it expects 450 mil.$ sales for Colon 2 in 2016.Do you trust the CEO Shamir?

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    • maxschmit777 maxschmit777 • Aug 16, 2012 12:15 PM Flag

      I was referring to the the PillCam Colon 2, which contributed $1.8 million to Given’s total sales of $178 million in 2011. The stock will get a bump if Colon 2 is FDA-approved in the U.S, but it has a long way to go after being so badly beaten down. Shamir is only giving a projection--it's not written in stone. Right now, I'm kicking myself for not selling GIVN when I had a nice profit instead of a hefty loss.

 
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