IATI Biomed 2015: What are the hottest innovations from Israel?May. 18, 2015
Israel is well-known as a medtech hot-spot, with a focus on academic research and strong government support helping the country punch well above its weight when it comes to innovative devices.
The IATI Biomed meeting, held in Tel Aviv, Israel, on 12-14 May, showcased many Israeli start-ups demonstrating diverse technologies from an artificial pancreas – the holy grail of diabetes management – to products that could improve the safety of colorectal surgery (see more details below).
Why is the country such a rich environment for innovation? David Knapp, vice-president of R&D at Boston Scientific, said during a panel discussion that it is partly cultural, with people not afraid to go against the usual rules and think outside the box.
He added that Israel is also more multidisciplined, and makes an effort to bring together pharma, medtech and biotech in innovative ways.
Ruti Alon, general partner at Pitango Venture Capital and co-chair of the IATI conference, added that Israel has particular strengths in technology such as miniaturization, new materials, optics and monitoring. She has been involved in the IATI meeting for nine years and has seen it grow to current levels of around 6,000 delegates, making it the largest conference of its kind in Israel and maybe even further afield.
For the full project on Clinica click here.