Israeli firm that makes tiny camera goes IPO

Oct. 4, 2001 — Given Imaging, a small Israeli company that makes a tiny video camera inside an orally ingested capsule, has become the first company to go public on Wall Street since the Sept. 11 attacks in the United States.

The company raised $60 million in an initial public offering of 5 million shares on Wednesday.

The capsules generate high quality images inside the human body and were approved by the U.S. Food and Drug Administration in August as a non-invasive means of diagnosing disorders of the small intestine. Trading in the shares begins on Thursday.

— Avi Machlis

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