Israel at Medica 2013
ISRAEL at Medica 2013
Inspired by Innovation
Dusseldorf / Hall 16 Stand G40 / November 20-23, 2013
Israel’s Life Science Industry Meeting Global Healthcare Challenges
As a well-known leader of creative developments in the world of high-tech, Israel has become a major provider of innovative solutions in the life science arena. Israeli solutions are answering today’s healthcare challenges to lower overall healthcare costs and meet the world’s evolving needs of aging population.
A strong entrepreneurial spirit pervades society in Israel, where innovation is a way of life.
- Israel’s 16 Technology Transfer Organizations (TTOs) showcase the creative fusion between universities, hospital systems, businesses and the military. All of the TTOs are dedicated to encouraging and promoting research projects and military technology from the lab to the global market.
- Healthcare is a priority in a well-educated country. Israel spends 8% of its GDP on healthcare. It boasts a very high level of healthcare and an extensive infrastructure of quality resources that range from local community clinics to world-renowned trauma centers. Many Israeli physicians are both early adopters of new technologies as well as developers of original technologies in their own right.
- Israel has a highly skilled workforce. The country has the greatest number of scientists and engineers per capita in the world; 24% of the workforce has an academic degree.
- The defense community nurtures the life science industry. Extensive investment in developing state-of-the-art technologies for defense has proved fertile grounds for advanced life science applications.
- Strong institutional incentives support the development of new technologies. The 23 government-licensed technological incubators, originally established in the 1990’s to provide employment opportunities for new immigrant scientists and engineers, are now successfully advancing and commercializing early-stage life science technologies. Of the 450 million USD in grant money awarded to incubator companies by Israel’s Office of the Chief Scientist in 2010, 28.4% went to those involved in the life sciences.
- The world’s venture capital community keeps its focus on Israel. Around 80 Israeli and international VC companies targeted specific investment efforts on Israel. Nine of them solely focus on life sciences.
The Israel Export & International Cooperation Institute’s Life Science Department is a leading business matchmaker. It has matched between more than 1,200 companies in the Israeli life science industry and business partners at all levels worldwide. It has proven to successfully identify business requirements, organize one-on-one business meetings and match between potential business partners. The Life Science Department also serves as a focal point for contacts with the government and industry.
For more information about the industry:
Ms. Angela W. Rabinovich, Manager, Life Sciences / Angela@export.gov.il
For further information about Israeli pavilions at international exhibitions:
Ms. Efrat Haba, Production Manager for International Exhibitions / email@example.com