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  • mayay 1:42 pm on August 27, 2014 Permalink
    Tags: , innovation nation, , israeli patents, israeli pharmaceuticals, israeli research, israeli research and development   

    Israeli Patents Up 20% In 2013, Mostly In Pharmaceutical Field 

    spacesciencelogoAugust 27, 2014 | According to the Israeli Ministry of Science, Technology and Space, the number of patents registered by Israeli research institutions rose by 20 percent in 2012-2013, compared to 2011-2012. The field with the most registered patents was the pharmaceutical field. Of the 1,438 patents that were registered between 2012-2013, 1,000 of them were completely new patents that have never before been registered in other countries, according to the National Council for Research and Development. Finally, the income from Israeli intellectual property in 2012-2013 was NIS 1,881 million ($526,677).

     
  • mayay 1:33 pm on August 27, 2014 Permalink
    Tags: , indian-israeli partnerships, , pharmaceuticals israel, , teva anti-cancer drug, venus remedies   

    Teva And Venus Remedies Partner On Anti-Cancer Drug 

    Teva Makes $149M Offer For American Company NuPatheAugust 27, 2014 | Teva Pharmaceuticals and Indian company Venus Remedies entered into a collaborative agreement for the sale of an anti-cancer drug in the Canadian market. According to the agreement, Venus Remedies will manufacture the drug and will assist Teva in registering the drug in Canada. Venus will also use its manufacturing capabilities to support Teva enhance its business in the Canadian market. Teva is an international pharmaceutical company headquartered in Petah Tikvah, Israel, founded in 1901.

     
  • mayay 1:24 pm on August 27, 2014 Permalink
    Tags: effectice space solutions, futuristic space towing solutions, , israeli aerospace solutions, satellite redirection, satellite towing technology,   

    Effective Space Solutions Tows And Redirects Satellites In Space 

    spacesolutionslogoAugust 27, 2014 | A new Israeli startup, Effective Space Solutions is developing a solution called the De-Orbiter for towing satellites that are sent to the wrong place. Founded by the former head of the Israeli space directorate and Israel Aerospace Industries Arie Halsband, the company’s satellite directing technology is set to hit the market in approximately 18 months. The company believes that the De-Orbiter satellite redirector could potentially have helped the Galileo satellite that was launched in the wrong direction. The startup was founded this year and hopes to provide a solution to a problem faced by the aerospace industry for decades – the incorrect location and redirection of satellites.

     
  • mayay 1:15 pm on August 27, 2014 Permalink
    Tags: , angel investment stats, equity crowdfunding investment, iangels, israel angel investment,   

    iAngels Survey Finds Angel Funding, Not VCs, Behind Biggest Exits 

    iangelsAugust 27, 2014 | Equity crowdfunding platform iAngels conducted a survey which found that venture capital firms actually had little to do with startup exits over the past three years. The figures, which measured high tech and technology companies (including biomedical companies), showed that 45 percent of the 20 most profitable exits were based exclusively upon angel investments. In addition, the survey found that the most profitable exit since 2011 was Cyvera that sold in March 2014 to Palo Alto Networks for $200 million. Second place was taken by Playtika, which sold to casino giant Harrah’s for $145 million after raising just $1.5 million from investors and third by Crossrider, which was acquired by Teddy Sagi for $37 million after raising $2 million.

     
  • mayay 1:01 pm on August 27, 2014 Permalink
    Tags: car industry disruptive tech, iphone of car industry, , israeli disruptive tech, ,   

    Mobileye Deemed The ‘IPhone’ Of The Automobile Industry, Share Prices Rise 

    Report: Mobileye Planning IPO At A Company Value Of $5BAugust 27, 2014 | The developer of vehicle collision prevention technology and recent IPO issuer Mobileye saw its share price rise dramatically yesterday (Wednesday) after nine underwriters covered the company. Out of the nine underwriters that wrote about Mobileye, seven stated that Mobileye would ‘Outperform’ and suggest ‘Buy’, while the remaining underwriters rated it as neutral. One analyst even stated that Mobileye is “the car industry’s IPhone moment,” referring to the potentially disruptive nature of Mobileye’s technology. Mobileye’s share price rose by 8.5 percent yesterday, raising the share price to $41.43 with a market cap of $1.33 billion. Mobileye was founded in 1999 by Prof. Amnon Shashua and CEO Ziv Aviram.

     
  • mayay 12:41 pm on August 27, 2014 Permalink
    Tags: algoritm pricing, amazon algorithm pricing, amazon demand driven pricing, amazon prices, , , ,   

    Feedvisor Raises $6M In Funding 

    Smart Pricing Company FeedVisor Raises $1.7MAugust 27, 2014 | Feedvisor, the automated Amazon repricing tool based on certain factors, announced that it raised $6 million. The current round was led by Square Peg Capital and investors from previous rounds JAL Ventures, Oryzn Capital, and Micro Angel Fund. Feedvisor’s platform adjusts the prices on Amazon according to factors like demand and time of day, also known as algorithmic pricing. The company will use the $6 million investment to build a business intelligence suite that will share all of the buying and pricing insights its collected since its founding in 2011. Feedvisor was founded by CMO Yair Margolin, CEO Victor Rosenman and CTO Eyal Lanxner.

     
  • mayay 4:10 pm on August 26, 2014 Permalink
    Tags: israel economy news, israel low cost flight hub, israel low cost flights, michael o' leary, ryanair, ryanair israel   

    Ryanair Plans To Open Low-Cost Flight Hub In Israel 

    ryanair logoAugust 26, 2014 | According to reports, the low-cost European airline Ryanair hopes to open a new flight hub in Israel, opening an “Israeli version” of the airline. The reports come following statements made by Ryanair CEO Michael O’ Leary to the Irish Independent newspaper. However, in the interview with the publication, O’ Leary expressed disappointment in Israeli authority’s regulation, blaming them for the delay in Ryanair’s entry into the Israeli market. In the same interview, O’ Leary expanded on his vision of turning Israel into a low-cost flight hub stating that it hopes to fly to destinations like Russia, central Europe, Britain, Germany and other locations from Israel. Ryanair was founded in 1985.

     
  • mayay 3:58 pm on August 26, 2014 Permalink
    Tags: clinique israeli red algae, clinique red algae skin care, clinique smart custom repair serum, israeli red algae, red algae benefits, red algae skin care   

    Israel’s Red Algae Used In Clinique’s Smart Custom-Repair Serum 

    cliniqueAugust 26, 2014 | Following five years of research and development, the cosmetic company Clinique has announced that the major active ingredient in their Smart Custom-Repair Serum is Israeli red algae. The new serum has 37 patents on its list of ingredients, in which Israel’s red algae sits at the top. The product sells for $50 per 50 milliliters in the US, claiming to fight the oxidative effects of aging by targeting the areas that need it most. According to Clinique and following trials of the product, women reported a “noticeable improvement in the treatment of uneven skin tone, dark spots, dull-looking skin, fine lines and wrinkles and firming.”

     
  • mayay 3:47 pm on August 26, 2014 Permalink
    Tags: country r&d spending, economy news, israel r&d, israel research and development, , national spending r&d,   

    National Spending On Research & Development Down 1.3 Percent In 2013 

    economyAugust 26, 2014 | According to a report by “The Marker,” the national Israeli investment in research and development slowed in 2013, when compared to 2012 by 1.3 percent. In 2013, national spending on research and development in the high tech sector totaled NIS 44.2 billion, 83 percent of which was from the business sector and the remaining amount from academic and governmental institutions. The data is important because national spending records are often consulted by foreign investors.

     
  • mayay 3:26 pm on August 26, 2014 Permalink
    Tags: , comverse employment, comverse firing, comverse israel, , , telecommunications solutions   

    Comverse To Fire Hundreds Of Employees In Israel, Aboard 

    comverseAugust 26, 2014 | According to a report by “Calcalist,” the Israeli telecommunications software company Comverse will fire nearly 200 workers as part of a global firing round. The company, which is traded on NASDAQ, had 2,500 employees, 900 of them from Israel, as of January 31, 2014. The recent round of lay offs is the result of company losses in the year’s first financial quarter. Comverse was incorporation in 1997 as part of Comverse Technology.

     
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