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BIOTECHNOLOGY IN ISRAEL – TRENDS. Dr. Haim Aviv. Opportunity. Good science Motivated people International outlook (US oriented Critical mass (160 companies). Profile of Biotechnology Companies 1990-2000*. * From The National Biotechnology Committee’s Report. Challenges.
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BIOTECHNOLOGY IN ISRAEL –TRENDS Dr. Haim Aviv
Opportunity • Good science • Motivated people • International outlook (US oriented • Critical mass (160 companies)
Profile of Biotechnology Companies 1990-2000* * From The National Biotechnology Committee’s Report
Challenges • Managerial skills & experience • Financial resources • Political & geographic conditions
Issues • Probability for billion dollar companies? - Depends on successful development of one/two major products - Stay independent
Pharmos Corporation • Neuroprotective dexanabinol in Phase III trial for traumatic brain injury. Market potential – billion $. • Product for stroke after preclinical testing, beginning tox Studies. • Novel compounds identified for pain, autoimmune and vascular diseases
2. Production in Israel or license out? - Collaboration/partnerships vs. license - Production in Israel (not critical)
Israel as development center - Political & Geographic constrains - Partnerships/co-development
4. Mergers & Equisitions - M&A between “Israeli” corporations - M&A with “non Israeli” organizations. Will depend on exciting products and technologies