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Latest News Israel

WORLD’S LARGEST MAKER OF CANCER DRUGS ROCHE BUYS MEDINGO FOR $160 MLN

Swiss drugmaker Roche Holding AG acquired 100% of Israel’s Medingo Ltd., the medical innovator of a new semi-disposable insulin patch pump. The Medingo patches can be stuck on to the skin, without the need for tubes, making it easier for patients to administer insulin. Roche is the world’s No. 2 company in the insulin delivery […]

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Latest News Israel

UBS RAISES ISRAEL’S 2010 GROWTH FORECAST TO 3.5%

“The big picture remains that thanks to its sound macroeconomic and structural fundamentals, the Israeli economy appears well positioned to recover from the global crisis and return to respectable growth rates earlier than many other EMEA economies,” – UBS analyst Reinhard Cluse UBS raised its growth forecast for Israel to 3.5% from 3% in 2010, […]

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Latest News Israel

Israel’s incoming tourism rises by 44% in January – April 2010

More than one million Israelis made overseas trips in January-April, 10% more than during the corresponding period of last year   The Central Bureau of Statistics (CBS) announced last week that 1.08 million visitors entered Israel between January and April 2010. The number, according to the CBS,  represents some 44% increase compared to the corresponding […]

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Latest News Israel

MS Tech Selected as Finalist for the Prestigious Red Herring 100 Europe 2010 Award

Israeli company MS Tech recognized for the scientific advancement of a breakthrough sensor technologies and integrated detection solutions Ness-Ziona, Israel, May 17, 2010 – MS Tech, a world class designer, manufacturer and innovator of advanced detection sensors announced today that it has been named as a Finalist for the Red Herring 2010 Europe Top 100 […]

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Latest News Israel

Google’s first Israeli acquisition no surprise to investors

As reported in IVC: LabPixies handpicked group of angels share insights about their Israeli company’s acquisition by Google. Google’s announcement last week that it was acquiring Tel Aviv-based LabPixies for a rumored $25 million caught some Israeli analysts by surprise. That’s a tidy sum for a small startup with just 12 employees that has raised […]

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Latest News Israel

Imagine a world where technology helps solve tough problems

As reported in IVC: Technion teams dominate Microsoft’s Imagine Cup Israel competition held in Rishon Lezion. Teams from the Technion-Israel Institute of Technology took first and second place in Microsoft’s Imagine Cup Israel, which challenges students worldwide to solve the world’s toughest problems with technology. The competition, held at the College of Management, Academic Studies […]

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Latest News Israel

34 Israeli proposals win EU R&D grants

As reported in IVC: The latest grants boost the total to Israeli firms under the EU7 to date to €290 million. The fifth call for papers by the EU Seventh Framework Progamme for Research and Development (FP7) for joint projects in software, hardware, and communications has resulted in 34 projects by Israeli and European companies, […]

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Latest News Israel

Thinking ‘inside the box’ to save energy and money

As reported in IVC: A new Israeli device gets inside your electric box so you can control your appliances remotely and program them according to the power company’s peak hours and discounts. Your electric bill has gone sky high. You suspect the air conditioner, which has been emitting a rattling noise since you fired it […]

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Latest News Israel

E&Y partner Bar-On: Crisis creates high-tech opportunity

As reported in IVC: While revenue may be hit by currency fluctuations, greater productivity in Europe will support Israeli IT firms. The chaos in European markets will affect Israeli high-tech companies, says Ernst & Young partner Oren Bar-On, who is responsible for high-tech and venture capital at the firm. Traditionally, Israeli high-tech companies focus on […]

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Latest News Israel

Country gets two new nanotech research centers in one day

As reported in IVC: Bar-Ilan, Ben-Gurion Universities open centers simultaneously On the same day that Bar-Ilan University opened its $150 million, 7,000-square-meter nanotechnology research center in Ramat Gan on Monday, Ben-Gurion University of the Negev opened its own $42.5m., 5,000-square-meter nano research center in Beersheba. Today, every university except for the University of Haifa, which […]