Privately held Quark Pharmaceuticals Inc licensed its experimental kidney drug to Swiss giant Novartis in a multi-million dollar deal. Novartis obtained the exclusive worldwide license to Quark’s experimental drug QPI-1002 for an upfront payment of $10 million, followed by a slate of milestone payments that could reach as high as $670 million based on developmental […]
Category: News
From Port2Port: This year that date falls on the afternoon of 8th September 2010 and continues until the evening of 10th September 2010, which is also Sabbath eve The Jewish New Year is celebrated on the first and second days of the Hebrew month of Tishrei. This year that date falls on the afternoon of […]
As reported by IVC: Avi Hasson will be expected to focus more on cleantech and life sciences. Minister of Industry, Trade and Labor Binyamin Ben-Eliezer has proposed Gemini Partners general partner Avi Hasson as the next Chief Scientist. He will submit Hasson’s name for government approval in the next few days. If Hasson is approved […]
As reported by IVC: The Chief Scientist will help Abbott find Israeli drug development technologies. The Office of the Chief Scientist has signed an R&D cooperation deal with US pharmaceutical and medical devices company Abbott Laboratories Inc. (NYSE: ABT). Abbott is the 19th foreign company that has signed an R&D cooperation deal with Israel. The […]
As reported by IVC: Representatives of German electronics giant meet Israeli delegation in Berlin. Manufacturers Association president says 90% foreign investments from US, only 10% from Europe. ‘it’s time Europeans saw Israeli potential,’ he adds BERLIN – German electronics giant Siemens is considering investing considerable capital in Israel, according to recent meetings in Germany between […]
As reported by IVC: CEO Prof. Pnina Fishman: The treatment positions the company in the forefront of drug development for dry-eye syndrome. Can-Fite BioPharma Ltd. (TASE:CFBI) has obtained US Food and Drug Administration (FDA) approval for the Phase III clinical trial of its CF101 anti-inflammatory drug for the treatment of dry-eye syndrome. The trial will […]
As reported by IVC: 3-D camera is the force behind the new Kinect game controller. Inon Beracha envisions a world where your movements control the gadgets and devices around you. There’s no remote control to lose, no buttons to push. The air conditioner senses your presence and changes the temperature to your liking. Controlling your […]
As reported by IVC: CheckCap’s product is at an earlier stage than those of Given Imaging. Sources inform ”Globes” that CheckCap Ltd., which is developing a sonar-based pill imaging device for early colon cancer detection, is considering an IPO on the Tel Aviv Stock Exchange (TASE). Another company, Given Imaging Ltd. (Nasdaq: GIVN; TASE: GIVN), […]
As reported by IVC: The company’s 15-20 employees will join Intel Israel’s R&D center. Intel Corporation (Nasdaq: INTC) has acquired the assets of Israeli PC virtualization start-up Neocleus Inc. for a few hundred thousand dollars. The company’s 15-20 employees will join Intel Israel’s R&D center. Neocleus CEO Ariel Gorfung and CTO Etay Bogner found the […]
British Clothing chain Topman is scheduled to open stores in Herzliya and Beersheba aas well as the Italian clothing chain 7camicie Two large European clothing chains announced last week their plans to open stores in Israel. British men’s clothing chain Topman is scheduled to open stores in Herzliya’s Arena Mall and Beersheba’s Seventh Avenue […]
