Israel

Credit: Piotr Swat/ Shutterstock.com

By Leontina Postelnicu 06:45 am November 28, 2019
Anglo-Swedish drugmaker AstraZeneca has announced this week that it is launching an initiative that will see the company invest in Israel’s growing digital health space. Called BeyondBio, the scheme follows a memorandum of understanding for investment in Israel signed earlier this year by AstraZeneca and the Israel Innovation Authority. WHAT HAPPENED According to a press statement, the first...

Credit: Healthy.io

By Leontina Postelnicu 11:34 am November 27, 2019
Israeli company Healthy.io has announced this week that it is rolling out its home-based urinary tract infection (UTI) test kit across over 280 Day Lewis pharmacies in the UK. WHY IT MATTERS This is the second partnership of the kind for Healthy.io this year. Back in July, the Israeli company announced that the product would become available for purchase in 300 Boots pharmacies, as well as online...
By Leontina Postelnicu 08:20 am August 23, 2019
Israel-headquartered MDClone, maker of a Synthetic Data Engine for healthcare, has raised $26m (€23.5m) in a Series B funding round led by aMoon, a VC fund focused on health tech and life sciences, it was announced this week. Existing backers OrbiMed Israel Partners and Lightspeed Venture Partners also participated in the raise. WHAT THEY DO According to MDClone, its engine examines original...

Above: Alon Ironi, CEO & Co-Founder, Theranica. Credit: Theranica

By Dean Koh 11:14 pm June 16, 2019
Pain is usually an indication something wrong with the body and the typical approach to pain is to take appropriate medicine that will help alleviate that pain. However, taking painkillers will have some side effects and it is more complicated, or even life-threatening for those who are allergic to certain painkillers. Imagine a future where pain can be managed or alleviated using a combination...

Photo illustration by Jonah Comstock

By Jonah Comstock 02:21 pm April 18, 2019
Israel and Finland — two countries that have notably made digital health a focus of their economies — announced this week that they will work together to advance the field, starting with a Call for Proposals for joint projects between Finnish and Israeli companies. The pilot project is being led by Helsinki Business Hub and the Israeli Innovation Authority, which will offer funding and services...

Credit: Aidoc

By Dean Koh 03:16 am April 18, 2019
Aidoc, an Israel-based provider of AI solutions for radiologists, announced that it has raised $27M, bringing its total funding to $40M. The Series B round, led by Square Peg Capital, will be used to grow Aidoc's technology and go-to-market team to support the high market demand for its products. The funding comes as Aidoc announced that it has analysed its millionth patients CT scan in real-time...

The Sheba Medical Center campus. (Photo courtesy Sheba Medical Center)

By Jonah Comstock 03:19 pm April 4, 2019
Hospitals all over the world hope that investment in innovation will ultimately lead to cost savings. But for Israel’s hospitals, that can't be an abstract hope, two hospital leaders told MobiHealthNews on a recent visit to the country. Instead, self-sustaining innovation is a concrete and immediate need for the hospitals’ bottom lines. “Budget-wise, we have half a billion dollars per year,” Dr....

Moshe Bar Siman-Tov speaks at MedInIsrael 2019 in Tel Aviv. Photo by Roy Habani.

By Jonah Comstock 02:49 pm April 1, 2019
With a population of just 9 million, Israel is not a large country. But its contributions to health innovation, in particular digital health, are outsized. The country boasts 500 digital health startups as well as hospitals like Sheba Medical Center, which has recently been ranked in the top 10 in the world by Newsweek. What does the country have going for it? A mostly interoperable, fully...

Joseph Mossel, CEO & co-founder of Ibex Medical Analytics, speaking at the recently held MEDinISRAEL event. Credit: Ibex Medical Analytics

By Dean Koh 11:41 pm March 27, 2019
Ibex Medical Analytics, an Israel-based startup founded in 2016 which is developing their own AI-driven computational pathology cancer diagnosis system, recently completed an $11M Series A funding round led by aMoon Fund. Additional investors in the round include Kamet Ventures, an investment arm of AXA Insurance, one of the largest global health insurance providers, 83North, a global venture...

An illustrated graphic of how the Nerivio Migra®​ device works. Source: Theranica

By Dean Koh 12:02 am March 19, 2019
Founded in 2016, Theranica, a biomedical technology company focused on developing advanced electroceuticals for migraine and other prevalent diseases, yesterday announced the closing of its round B of financing, of $35M, led by aMoon, Israel's largest healthcare VC. All existing investors of the company – Lightspeed Venture Partners, LionBird, Corundum Open Innovation and Takoa – participated in...