Given acquires SmartPill assets

Video-capsule endoscopy developer Given Imaging has acquired assets related to the SmartPill gastrointestinal (GI) monitoring system for $6 million.

The SmartPill is an ingestible capsule that uses sensor technology to measure pH, pressure, and temperature in the GI tract. The product measures gastric emptying and total GI stomach, small bowel, and colon transit times to evaluate motility disorders such as gastroparesis and constipation.

The SmartPill is cleared by the U.S. Food in Drug Administration and has the CE Mark for the evaluation of gastroparesis and constipation. It also has an existing current procedure terminology (CPT) code.

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