Greek vote sends shekel-euro rate even lower
Against the background of events in Greece, the shekel is mixed at the start of this week’s trading on the foreign exchange market. The shekel-dollar exchange rate is currently up 0.25% in comparison More...
Teva bid for Mylan could come today – Bloomberg
Bloomberg reports that Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) could publish a bid for its US rival Mylan Inc. (MYL) today, in what could turn out to be the largest deal of the year in More...
J&J signs MOU with Israeli InsuLine medical device
J&J will help get regulatory approval for InsuPad, which reduces injected insulin uptake speed in diabetics by nearly 50%. The share of Israeli company InsuLine Medical Ltd. (TASE: INSL) More...
Chinese Fosun May Sign MOU to Buy Israeli Insurance Firm
After the failure of the negotiations on the sale of The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) to the Kushner family of the US, Delek Group Ltd. (TASE: DLEKG), controlled by Yitzhak Tshuva, notified More...
Reversing Directions: Multi-Billion Dollar Deal Brewing for Israeli Gas Going to Egypt
Delek Group Ltd. (TASE: DLEKG) and Noble Energy Inc. (NYSE: NBL) are in talks over a contract worth billions of dollars of natural gas, which would be sold to the Egyptian market, sources inform “Globes.” The More...
FDA Gives Phase III Nod to Intec Parkinson’s Treatment
– Intec Pharma says it expects the Phase III trial for its Accordion Pill Levodopa to take place in the second half of 2015. Intec Pharma Ltd. (TASE: INTP) reported today that it had received US More...
TASE follows Wall Street south
– Dual-listed stocks under particular pressure are Opko, Teva, Israel Chemicals, Nice Systems, and Perrigo. – The Tel Aviv Stock Exchange returned from the Sukkot holiday today under pressure More...
Therapix jumps on cannabis pharmaceutical acquisition
– Lara Pharm is developing the active ingredient in cannabis to work in an inhaler. – – Therapix Biosciences Ltd. (TASE: TRPH) (formerly NasVax) share price jumped 16.85% today to $0.17 on More...
Yorkville Invests $870, 000 in Medivie Therapeutics
– Medivie Therapeutics (TASE: MDVI) is the focus of market attention after Yorkville invested $870, 000 in the company, which develops and markets dental products for migraine and chronic pain treatment. More...
Israel’s Leviathan negotiating $30 billion deal with BG’s Egypt LNG plant
– The sides have signed an MOU on the supply of gas to BG’s LNG plant in Egypt. – The Israeli partners in the Leviathan gas reserve Avner Oil and Gas LP (TASE: AVNR.L), Delek Drilling More...