Amsterdam-based consumer electronics giant Royal Philips has announced it will acquire cardiac imaging company EPD Solutions of Caesarea for €250 million ($294 million) and milestone payments. EPD and its employees will become part of Philips’ Image-Guided Therapy business unit. EPD’s Cardiac Mapping and Navigation System received CE mark approval in February 2018. The … [Read more...]
Economic Mission Assists in Facilitating $15.9M ALS Grant
September 14, 2017 by
Last week, California’s Institute for Regenerative Medicine (CIRM) announced a $15.9 million grant awarded to Israeli-based Brainstorm Cell Therapeutics. The grant will support a Phase III study for a stem cell based treatment of Amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease. The Israel Economic Mission to the West Coast was instrumental in creating … [Read more...]
Erasing Traumatic Memories May Help To Eradicate PTSD
May 2, 2017 by
Erasing unwanted memories isn’t yet possible. However, Israeli scientists are now reporting that they have succeeded in erasing one type of memory in mice – fear. This new technique may one day help extinguish traumatic memories in humans – for example, in people with post-traumatic stress disorder, or PTSD. “The brain is good at creating new memories when these are … [Read more...]
Is There a New Wonder Drug?
April 25, 2017 by
Is cannabis the new wonder drug? The powerful plant used to make marijuana and hashish may prove to be the wonder drug of the century. Israeli researchers have long been at the forefront of discovering which of its many components — and in what quantity and form of delivery –- are effective for which ailments. Already since the 1990s, medical cannabis has been permitted … [Read more...]
Tiny Barcodes Help In Cancer Therapy
December 14, 2016 by
Tiny “barcodes” made of synthetic DNA can help determine the suitability of specific anticancer drugs to a specific patient before treatment even begins, according to an Israeli study recently published in Nature Communications. The new diagnostic technology was developed by Technion-Israel Institute of Technology researchers led by Assistant Prof. Avi Schroeder of the … [Read more...]
