Israel, Victoria biotech fund kicks off

The winning projects - which focus on medical equipment, pharmaceuticals and information technologies - receive grants of up to half of the total investment in the project, but not more than $500,000

By DANIEL KENNEMER
August 8, 2006 09:05

Vistech - a fund supporting biotech projects led jointly by companies in Israel and the Australian state of Victoria - has awarded grants to four of six projects that answered its initial February call for submissions, the Industry, Trade and Labor Ministry said Monday. The winning projects - which focus on medical equipment, pharmaceuticals and information technologies - receive grants of up to half of the total investment in the project, but not more than $500,000. A second group of candidate projects are currently being submitted, the ministry said, adding that the fund helps Israeli companies find partners in Victoria.


Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS

Israel Weather
  • 11 - 21
    Beer Sheva
    12 - 20
    Tel Aviv - Yafo
  • 9 - 17
    Jerusalem
    12 - 17
    Haifa
  • 14 - 25
    Elat
    11 - 22
    Tiberias