Tag: BioMed

The State of BioMed in Israel: Startup Nation celebrates life sciences at IATI’s BioMed 2015

Israel’s biomed industry is in full bloom; Don’t believe us? Let the numbers speak for themselves! Here are some stats that paint a quick picture of the industry growth: 1,380: the number of active biomed companies in the Startup Nation, an all-time high. 280: the number of R&D centers operating in Israel for foreign companies, including healthcare, for example: Johnson & Johnson, Philips, General Electric, Merck Serono, Abbott. $801 million: the amount raised from venture capital firms in 2014, which was 24% of all VC investments, showing recovery since the 2008/9 financial crisis. $2.9B: total sum of Israeli life science company acquisitions in 2013-14. Earlier this week, IATI released the 2015 Israel Life Sciences Industry Report that, in addition to the above-mentioned data, outlines the state of the biomed industry in the Startup Nation, including the investment landscape. OurCrowd is rated the “second most active life sciences investor in 2014,” right after VC firm OrbiMedIsrael Partners. With medtech encompassing 21% of OurCrowd’s investment portfolio, it would seem we are in line with the greater VC ecosystem in Israel. This indeed calls for a celebration. Luckily, it just so...

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The (Startup) State of Mind: 5 amazing brain technologies from Israel

There is no doubt about it, Israel is at the forefront of cutting-edge technologies in hundreds of various fields, pushing the boundaries in art and culture, biotech, medicine, the environment, science and technology. From drip irrigation to gadgets like the Disk-on-Key, from solar windows to the PillCam, almost any device you pick up has it’s origins in Israeli tech. The Startup Nation’s remarkable ingenuity constantly produces breakthroughs in products and processes that affect the way people around the world live their every day lives. With that in mind (no pun intended), it’s interesting to take a look at what innovations the top brains in Israel are working on in the neuroscience field. Bioassociate, a consulting firm for investors and businesses operating in the life science arena, put together a collection of Israel’s most prominent and promising brain tech companies, all of whom they claim exhibit a particular fondness for the word “brain”. Take a look at our summary below! Five Israeli Brain Techs to Watch 1) Brainsway Jerusalem-based Brainsway is a developer and marketer of Deep TMS systems, a novel, noninvasive medical device for treatment of a...

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Eye-opening innovation: Top 10 incredible Israeli advances in vision

The Startup Nation is known for its eye opening innovation — literally speaking, that is. Israel is home to a growing medical device industry. It’s developed an advanced infrastructure of medical and paramedical research as well as bio-engineering capabilities. Israeli researchers have provided an impressive number of medical advances and copious contributions across the various branches of the medical industry and the field of vision is no exception. Israeli scientists have been consistently a dominant force in developing innovative technologies to help transform the lives of the world’s blind and visually impaired. World Sight Day, an annual day of awareness held on the second Thursday of October to focus global attention on blindness and vision impairment, falls out this week on October 10th. As writer Abigail Klein Leichman points out in ISRAEL21c, an online news magazine covering 21st century Israel, this is the “perfect opportunity to present some of the amazing advances coming out of Israel for treating medical conditions of the eye.” The ISRAEL21c article lists a range of innovations that dramatically improve eyesight or the quality of life for people with vision impairments. The various technologies listed address a wide range of visual impairments,...

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Helping Change Lives: BioMed Innovation in the Startup Nation

And The Blind Shall See Again Ever wonder what causes the gradual onset of blindness? While invasive techniques do exist to combat diseases that result in blindness, wouldn’t it be nice if there was some way to deal with these diseases that didn’t involve cutting our eyes open? Well, Professor Shy Shoham and his team at the Department of Biomedical Engineering at the Technion felt so—and it seems they are on their way to developing a non-invasive solution to degenerative retinal diseases. So how does this thing work? Without getting too far into the particulars, the retina is to the eye as film is to the camera and degenerative retinal disease causes the eye’s “film” to be less sensitive to light, thus affecting vision. To help the retinal cells regain the necessary sensitivity to light required for vision, light-sensitive algae or bacteria are introduced into the eyes. Using holography, Shoham stimulates the retinal cells with very intense beams of light to specific cells, providing a high-resolution image. The team at the Technion hopes to develop some sort of prosthetic...

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