Chief Scientist sets funds for 8 projects

The projects include a new allergy medication, a vibrating pill to relieve constipation, an electronic fruit picking system and a voice-operated Web browser. Of the 44 projects the incubator sponsored for 2006, 30 successfully received further investments, half of which were above $500,000.

By YONI TEITZ
June 27, 2007 08:34

The Chief Scientist's Office of the Industry, Trade and Labor Ministry announced Tuesday that it has approved NIS 12.5 million in funding for eight new research companies in the biotechnology, medical devices, agriculture, communications and electronics industries as part of the Incubator for Technology Initiative. The projects include a new allergy medication, a vibrating pill to relieve constipation, an electronic fruit picking system and a voice-operated Web browser. Of the 44 projects the incubator sponsored for 2006, 30 successfully received further investments, half of which were above $500,000.


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