Wound closure technology saves Israeli soldiers. Soldiers wounded in Operation Protective Edge are benefiting from a brand-new Israeli technology to close open wounds quickly. TopClosure acts like a medical zip to protect wounds immediately when they are inflicted, allowing them to be fully treated later.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
Israel pioneers the future of medicine. Electronic Medical Records transformed Israel’s health system and convinced the USA to implement them. Sensing technology is the next big advance. Jerusalem’s symposium “Connected Health and Vulnerable Populations” showed how Israel is a prototype for global better health.
ALS sufferers live longer in Israel. In global terms, between 5 and 10 percent of ALS sufferers survive more than 10 years after being diagnosed. But in Israel, 20 percent of ALS patients survive longer. The high survival rate is thought to be due to family support systems, the Israeli health care system and early diagnosis.
Brainstorm completes stem cell bioreactor. Israel’s BrainStorm, together with Canadian company Octane Biotech, has built a bioreactor for commercial production of the stem cells used as a basis for the company’s treatment for ALCS. The ability to multiply stem cells is critical for the treatment’s success.
Israeli scientist leads search for Ebola cure. Virologist Dr. Leslie Lobel from Ben Gurion University is developing a vaccine to defeat the Ebola virus by studying the immune systems of the disease’s survivors. He has spent 12 years studying the disease in Uganda.
New pancreatic cancer treatment is now Israeli. Normally, foreign investors acquire Israeli biotechs that develop cancer treatments. But here, Israel’s Redhill Biopharma has bought pancreatic cancer treatment RP101 from Germany’s RESprotect GmbH. RP101 has passed Phase II trials and has a vital orphan status.
Revolutionary device for hip replacements. Israel’s MMATech Ltd develops components for total hip implants, made of a revolutionary Polyimide material, MP1 developed originally for the aerospace industry. They are self-lubricating, durable, and have a long lifespan. MMATech is raising funds for FDA approval.
GE selects heart-attack prevention watch. Israeli start-up Oxitone literally keeps a “watch” on blood-oxygen levels affecting the heart. Two optical lasers are built into an oximeter that sits on the wrist. GE Healthcare chose Oxitone from 400 companies and is the only foreign company to join GE’s entrepreneur program.
Vaccine protects against all avian flu strains. Israeli biotech BiondVax has announced that its M-001 vaccine has been validated against all H7 virus strains, thus protecting against all avian (bird) flu variations.
SCIENCE AND TECHNOLOGY
How earthquakes form. Da Vinci defined the mechanics that drive earthquakes over 500 years ago, but he wasn’t accurate. New research by scientists at the Hebrew University of Jerusalem has demonstrated that friction can only occur when the connections between the surfaces are first ruptured in an orderly process.
One-minute construction. You would expect that engineers at Israel’s Technion could build quickly, but time-lapse photography reduces the construction time for the new D. Dan and Betty Kahn Mechanical Engineering building down to just sixty seconds!
New energy cyber security center. Israel’s energy cyber security firm Nation-E plans to launch its energy cyber security center in Hadera on September 15. Companies worldwide can evaluate microgrids, smart meters, and all grid-connected devices, and determine how and why attackers are able to infringe their networks.
Joint nano-research gets $675, 000 grant. Scientists at the Hebrew University of Jerusalem and Yeshiva University of New York will together study colloidal semiconductor nanocrystals – tiny synthetic particles containing metal impurities with intriguing implications for the electronics, solar energy and biological fields.
The fastest switch in the world. (Thanks to Atid-EDI) Israel’s Mellanox has launched the world’s first 100Gb/s EDR InfiniBand switch. Switch-IB is the world’s fastest computer switch with 36-ports of 100Gb/s to provide 7.2Tb/s of switching capacity – 250 percent higher than any alternative and ideal for data centers.
The first scalable credit-card-size computer. (Thanks to Atid-EDI) Israeli-Arab start-up SolidRun has developed another tiny computer. The credit-card-size Hummingboard HB-i1 has 512MB RAM, two USB ports, a Fast Ethernet network port, Freescale’s i.MX6 system on chip, 1GHz ARM A9 core and costs from $45.
Israeli team wins international math competition. For the first time ever, an Israeli team won the International Mathematics Competition, held this year in Bulgaria. The four Tel Aviv University and two Technion students received 355 points — 38 more than the second-place group.
No limit to where free wireless can be set-up. Israel’s Communications Minister Gilad Erdan has signed an order that removes limitations on the public use of Wi-fi hotspots. From now on, anyone anywhere in Israel will be allowed to set up a hotspot – providing free Internet outdoors as well as indoors.
Scientists discover Israel’s deepest cave. Researchers from the Hebrew University of Jerusalem have found the deepest cave so far discovered in Israel. Located near Israel’s border with Lebanon, the cave is 187 meters below ground – 30 meters deeper than the previous Israeli record-holder, which was mapped 30 years ago.
Converting electricity from buildings. (Thanks to Israel21c) Israeli start-up SolarOr has developed BIPV – building-integrated photovoltaic. The BIPV panels convert Direct Current trapped in a building into AC energy that can be used locally or sold back to the electric company.
ECONOMY & BUSINESS
Undertone acquires Upfront. (Thanks to Nevet ) Digital advertiser Undertone, has bought Israeli brand-focused programmatic platform, Upfront Digital Media. Following the acquisition, Undertone is to set up its first development center in Israel.
Supersonic to expand in Asia. Israeli mobile advertising technology company Supersonic has raised $15 million to further its growth and expand its operations in Asia. Formerly known as SupersonicAds, the company has developed an in-app monetization and user acquisition platform.
50 years of commercializing innovations. Founded in 1964 to protect and commercialize the Hebrew University’s intellectual property, Yissum has registered over 8, 500 patents covering 2, 450 inventions; licensed out 750 technologies and spun-off 90 companies. Its products generate over $2 billion in annual sales.
Display panels for Chinese factory. Israel’s Orbotech has received orders worth $55 million for inspection, testing and repair equipment at Nanjing CEC Panda LCD Technology Co., Ltd. – a China Electronics Corp. company.
Israel attracts foreign investors while confronting terrorism. An upbeat summary by Yoram Ettinger of recent Israeli economic news.
Israeli water delegation impresses U.S. Food & Beverage industry. Israeli water technology companies recently met with large food & beverage companies in Chicago, Minneapolis, Philadelphia, and Delaware. They had much to offer the F&B market in the areas of safe water, water reuse, water ratio and better sustainability.
ReWalk to launch on NASDAQ. (Thanks to Atid-EDI) Israel’s ReWalk Robotics (previously Argo Medical) has filed for an IPO on Nasdaq to raise $58 million. ReWalk’s flagship product is a robotic exoskeleton that provides powered hip and knee motion to enable individuals with Spinal Cord Injury to stand upright and walk.
Wound treatment biotech to launch on NASDAQ. Israel’s Macrocure’s white blood cell injections treat hard-to-heal and chronic wounds. It wants to raise $75 million from an IPO on NASDAQ to finance its CureXcell a cell-based therapy that restores the natural balance required for the wound healing process.
Intelligent Israeli companies. For years I have been using the Israeli artificial intelligence system Genieo to find relevant news items to feature in my newsletter. Now, Genieo itself has become a news item. It has been taken over by another Israeli software company – Somoto.
Tax breaks to create 3, 000 cyber jobs in Negev. (Thanks to Nevet) Israel is to give tax breaks and access to cooperative cyber programs to lure leading domestic and multinational firms to a new national cyber park in the Negev desert. Israel aims to create 3, 000 cyber-related jobs over the next 10 years.