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News > Deals
Given Imaging holds IPO
October 3, 2001: 5:51 p.m. ET

First IPO since August sells 5 million shares at $12 each via Lehman, CSFB
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NEW YORK (CNNfn) - The initial public offering of Given Imaging Ltd. came in at the bottom of its range Wednesday, raising $60 million.

Given Imaging is the first new issue since last month's terrorist attack. Yogneam, Israel-based Given Imaging sold 5 million shares at $12 each, the bottom of its $12-to-$14 range, via lead underwriters Lehman Brothers and Credit Suisse First Boston.

The company will trade under the Nasdaq symbol "GIVN."

Given Imaging has developed a pill that contains a tiny camera which can transmits 50,000 color images during a seven-hour time span. The company claims the pill is a painless and non-invasive way for doctors to view a patient's gastrointestinal tract. graphic

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Given Imaging first IPO since mid - August – Sept. 29, 2001




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