October 01, 2016 12:28 PM ET

Healthcare Equipment and Supplies

Company Overview of GI View Ltd.

Company Overview

GI View Ltd. develops endoscopic products for gastrointestinal applications based on visualization and self-propelled pneumatic intubation technology. The company offers Aer-O-Scope, a disposable, miniaturized, self-propelling, and self-navigating endoscope, which provides video images of the colon inner surface that are displayed on a screen for real time viewing. The company was founded in 2003 and is based in Ramat Gan, Israel.

5 Shoham Street

Paz Towers

Ramat Gan,  52521

Israel

Founded in 2003

Phone:

972 3 753 4400

Fax:

972 3 753 4401

Key Executives for GI View Ltd.

Chief Executive Officer and Board Member
Age: 60
Medical Director
Vice President of Regulatory & Clinical
Vice President of Product Management
Vice President of Research & Development
Compensation as of Fiscal Year 2016.

GI View Ltd. Key Developments

GI View Ltd. Receives FDA 510(K) Clearance for the New Aer-O-Scope Disposable Colonoscope System

GI View Ltd. announced that it has received FDA 510(k) clearance for the new Aer-O-Scope Colonoscope System, a disposable, self-propelled, joystick-controlled, easy-to-use colonoscope system, now with therapeutic access. The new system has two working channels that enable therapeutic access using standard tools, such as snares and forceps, to take biopsies or perform polypectomies. The Aer-O-Scope is the first colonoscope to provide a 360° omni-directional visualization of the colon to detect polyps behind folds. There is also no risk of contamination or disease transmission between patients from the device as it is to be used only once and then disposed. The Aer-O-Scope employs a soft multi-lumen tube designed to significantly reduce pressure on the colon wall, which in turn, increases patient safety. The tube is also hydrophilic, which reduces the friction between bowel and scope by more than 90%. Patient safety and comfort as well as physician ease of use are further maximized by the system's self-propelled intubation, created using balloons and low pressure CO2 gas. As the system is joystick controlled it is also extremely simple to operate and requires minimal training. Like all colonoscopes, the Aer-O-Scope provides insufflation, irrigation and suction. Colorectal cancer is one of the biggest causes of cancer death in most countries in the West. This type of cancer can almost always be prevented by early detection and removal of polyps, which if left untouched, can develop into colorectal cancer over a 5-10 year period. More than 690,000 people worldwide die from colorectal cancer annually.

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