Women live large in biotech sector

Israel's life sciences industry reached new highs in 2006, proving not only a point of pride for the country but also new opportunities for women as leaders in traditionally male-dominated roles.

By LAURA RHEINHEIMER
April 5, 2007 07:00
biotechnology 88

biotechnology 88. (photo credit: )

Israel's life sciences industry reached new highs in 2006, proving not only a point of pride for the country but also new opportunities for women as leaders in traditionally male-dominated roles. Israel's biotechnology industry includes some 730 startups and 33 incubators, which contain 200 companies with a market potential in the billions. foreign venture capital investors, according to a survey conducted by IVC. This was 21 percent higher than the previous year and 11% above 2004 levels. The life science sector raised $369 million, or 23% of the total raised in 2006 compared to 21% in 2005 and 22% in 2004. In the top rank of those leading this hi-tech comeback are three successful women: Dr. Tamar Tennenbaum, Dr. Daphna Heffetz and Chen Levin who are making their mark as CEOs, showing their aptness as forward thinkers in their respective areas of science and propelling their ideas into market.


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