Brainiacs see the future at BrainTech, Tel Aviv. The future of our brains was on the table this week at the first-ever Braintech Israel event in Tel Aviv.Neuroscientists and entrepreneurs from around the block and around the world convened to hear Israel’s President Shimon Peres promote leading-edge research of the brain. Conveniently, Israel has a vested neuro-technologies interest. BrainTech not only shone a large spotlight on the key Israeli biomed companies advancing technologies to solve our brain’s biggest pathologies, it gave a futuristic push with a $1 million prize to one of the best brain projects of the world in terms of potential impact and practicality.
The FDA has recently published a new Guidance for Industry: "Oversight of Clinical
Investigations - A Risk-Based Approach to Monitoring". This guidance assists sponsors of clinical investigations in developing risk-based monitoring strategies and plans for investigational studies of medical products, including human drug and biological products, medical devices, and combinations thereof. The overarching goal of this guidance is to enhance human subject protection and the quality of clinical trial data by focusing sponsor oversight on the most important aspects of study conduct and reporting.
The Top 12 Most Amazing Israeli Medical Advances. Israeli ingenuity is responsible for some of the world’s most amazing medical advances. Whether they’re futuristic, such as Given Imaging’s PillCam capsule endoscopy or Itamar Medical’s fingertip monitors for sleep disorders and cardiac issues — or cleverly simple, such as First Care Products’ Emergency Bandage – blue-and-white inventions are changing the face of healthcare in hospitals, doctors’ offices, homes and even battlefields worldwide.
Facebook Buys Onavo for $100-200 M And Gets Its Office In Israel. Onavo, the Tel Aviv-based mobile analytics company, has just announced that it has been acquired by Facebook. Onavo will become the anchor for Facebook in Israel — its first office in the country. Terms of the deal have not been disclosed; we are trying to find out. Right now we’re seeing reports of between $100 million and $200 million.
Amazon.com to open Israeli cloud services center. Amazon.com announced that will open an office in Tel Aviv to support the growth of its cloud services through Amazon Web Services and its rapidly growing customer base in Israel. The office will open in early 2014, and will support enterprises of every size, from start-ups to Israel's biggest companies.
IVC Research: Start-up investment hits 13-year high. 162 Israeli start-ups raised $660 million from local and foreign investors in the third quarter of 2013, the highest quarterly amount since 2000, IVC announced today. Investment was up 34% from the $493 million raised in the preceding quarter and $35% from the $488 million raised in the corresponding quarter of 2012. Investment in start-ups rose 12% to $1.63 billion, raised by 474 companies, in January-September from the $1.45 billion raised by 413 companies in the corresponding period last year.