Start-up Weekly

BioView Ltd. Ranked in Top 50 Fastest Growing Israeli Technology Companies in Deloitte Survey

BioView Ltd. (TASE:BIOV) announced that it ranked as one of the 50 fastest growing technology companies in Israel. The Deloitte Technology Fast 50, one of the Israel's foremost technology award programs, is a ranking of the country's 50 fastest-growing technology companies based on percentage growth over five years. The Fast 50 program honors business growth, technological innovation and Israel entrepreneurial spirit. BioView’s automated scanning microscope and image analysis systems...

Startup Weekly: ProtAb – Antibodies Against Arthritis

ProtAb is a company dedicated to eveloping an antibody for the treatment of Rheumatoid Arthritis and other autoimmune diseases such as Crohn's Disease, and has recently raised $4 million. Name: ProtAb CEO: Shira Yair Sector: Biopharma Medical Field: Autoimmune Diseases Est.: 2005 Stage: Late stage pre-clinical, after series A funding Vision: To develop a novel therapeutics for autoimmune diseases, based on the induction of natural anti-inflammatory mechanisms existing in...

First worldwide patients treated with anti-adhesion SpineShield

Magen Medical Solutions Ltd., a medical device company developing unique anti-adhesion devices for orthopedic applications, is pleased to announce that it has successfully implanted its first product, the SpineShield, in three patients at a clinical site in Europe. Post-operative adhesion is considered a major cause of failed back surgery. In up to 15% of cases, patients suffer from pain due to spinal adhesion, or scar tissue formation around the spinal cord, which may require a second su...

Avraham Pharmaceuticals: $9 M Funding for a Multy-functional Alzheimer drug

Avraham Pharmaceuticals Ltd. has raised $9 million from Yissum Research Development Company (the technology transfer arm of the Hebrew University of Jerusalem), Pontifax, Clal Biotechnology Industries (CBI), Professor Marta Weinstock-Rosin and others.   Yissum has announced that, together with the Technion Research and Development Foundation (TRDF), the technology transfer arm of the Technion Israel Institute of Technology, it will exclusively license to Avraham the commercial rights of La...

OrSense Receives FDA Approval for Non-Invasive Oximetry Monitoring System

OrSense Ltd., developer of monitors for non-invasive measurements of various blood parameters, announced it has received U.S. Food and Drug Administration (FDA) approval for NBM-200MP, a non-invasive oximetry and low signal oximetry sensor.   Non-invasive pulse oximetry has become a standard of care in the operating and recovery rooms, intensive care units and emergency services, yet it has been known to provide erroneous oxygen saturation readings in situations of low perfusion, low...

Start-up Weekly: MGVS – a Israeli Cell / Gene Therapy Company

MGVS is a promising Israeli company, whose leading product has passed Phase I/II trial in December 2009 and could be used to treat critical limb ischemia. PLUS they're currently recruiting! Name: MGVS Ltd. CEO: Guy Yachin Sector: Biotechnology Suc-Sector: Cell therapy Medical Field: Cardiovascular Est.: 2000 Stage: Phase I/IIa Clinical trials Vision: To become the leader in advanced cell therapy based solutions for cardiovascular patients Employees: 21 and currentl...

Innovative Uses for Old Devices: EEG to Decipher Artwork’s Value

Acclair is a company and an ongoing research project utilizing an EEG device to figure out artwork's value and users' safety clearance. If there's one thing I hate it is being locked down to a single path, and being unable to switch lanes. Some of the most successful companies in the market made use of everyday technology to innovate: Facebook, Google and of course Apple. In the field of bio-med, however, I sometimes feel we're being somewhat narrow minded when it comes to the incredible devi...

Start-up Weekly: Arineta

Developing a dedicated CT device to be used in cardiology departments, for fast and easy diagnosis of cardiovascular diseases. Name: Arineta LTD Founders: Dr. Ehud Dafni and MR. CEO: Dr. Ehud Dafni Sector: Medical Devices Sub-Sector: Imaging Medical Field: Cardiovascular Est.: 2006 Stage: Seed Vision: To make heart CT examination part of the regular treatment that every heart patient receives, thereby leading to earlier diagnosis of heart diseases, better treatment and dec...

Start-Up Weekly: Allosterix

Allosterix is taking a novel approach to inhibiting enzymes, by targeting their allosteric sites. Name: Allosterix LTD Founders: Dr. Ariel Solomon, Omer Vunsh Sector: Biotechnology Suc-Sector: Drug Discovery Est.: 2006 Stage: Seed Vision: becoming a primary supplier of potent selective lead compounds to the drug industry. Site: www.allosterix-pharma.com Here's a hypothetical thought experiment: you left your car engine on, and you want to turn it off. The only prob...

Weekly Start-up: CapsuTech Ltd

Vision: To improve treatment for cancer patients by delivering the drug straight to the tumor, and achieve a more efficient treatment without side effects.         Name: CapsuTech Ltd CEO: Dr. Eyal Neria Sector: Pharmaceuticals Suc-Sector: Natural Materials Medical Field: Cancer Est.: 2006 Stage: Pre-Clinical Vision: To improve treatment for cancer patients by delivering the drug straight to the tumor, and achieve a more efficient treatment without side effec...