Teva Pharmaceutical Industries (TEVA.TA) and Philips (PHG.AS) are together investing up to 100 million shekels ($26.5 million) over eight years in medical device and health technology start-ups in Israel.
The joint venture, called Sanara Ventures, said on Wednesday it had already invested in two companies: Kaleidoscope Medical, which developed a system for X-ray radiation shielding during catheterization procedures; and MGD, which is creating a portable device for measuring lung function in patients with Chronic Obstructive Pulmonary Disease (COPD).
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The joint venture, called Sanara Ventures, said on Wednesday it had already invested in two companies: Kaleidoscope Medical, which developed a system for X-ray radiation shielding during catheterization procedures; and MGD, which is creating a portable device for measuring lung function in patients with Chronic Obstructive Pulmonary Disease (COPD).
Help employers find you! Check out all the jobs and post your resume.
