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Home > News > Israel looks to partner with foreign biotech cos

June 7th, 2007

Israel looks to partner with foreign biotech cos

"We're seeking to set up a joint government-corporate biotechnology fund with $300-500 million," said Chief Scientist Dr. Eli Opper at the ILSI-Biomed 2007 conference in Tel Aviv, organized by Israel Life Sciences Industry. "We announced the plan at the last conference. We're also in advanced negotiations with several global biotechnology companies for the establishment of development centers in Israel and to collaborate through joint ventures. We're also working to set up biotechnology and nanotechnology R&D centers at universities, including nano-biotech, as well as another biomedical incubator."


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