July 2008 

Israel Market Review's Biomed Edition showcases Israel's booming BioMed

 industry to a worldwide audience. 

Presidential Recognition

for SteadyMeds Innovation

Editorial 

Dear Reader,

In Judaism, life is valued above all else. Hebrew tradition notes that saving a single life is like saving an entire world. It is therefore not surprising that Israel has the largest concentration of biotech startups in the world. Israeli Life Science research has made Israel a powerhouse of life-saving innovation. Israel Market Review's Biomed Edition is intended to be a showcase of this booming industry, circulated amongst thousands of biomed decision makers, investors, scientists and media personnel worldwide.

Eran Kolran - Editor

SteadyMed Ltd., a medical-device company pursuing innovative devices for delivering injectable therapeutic drugs for pain relief, diabetes and other chronic conditions, was recognized at President Shimon Peres's Tomorrow Conference as one of 14 most promising medical hi-tech companies. We sat down with CEO Yossi Aldar to learn more.

“SteadyMed's mission is to develop the optimal "package" for such drugs and become the industry standard for their delivery. “

Read More 

Good News for 46,000,000 Atopic Dermatitis Patients Worldwide

There are 46 million patients worldwide known to be affected with Atopic Dermatitis (AD), a common chronic inflammatory skin condition. Prolonged itching, a symptom of AD, can lead to reduced attention, sleep deprivation and scratching, impairing the patient's quality of life. Following Foamix's successful development of a non-steroidal absorption maximizing foam, the company signed an agreement with Ferndale Labs Inc. under which Ferndale will develop and commercialize the foam for the treatment of AD and eczema.  

Eye on the Market 

Founded in 2004, EarlySense is the developer of a pioneering patient

monitoring and signal-processing technology designed to advance proactive healthcare and enable better patient outcomes. The companys flagship product, EverOn, is a contact-free system that measures heart and respiration rates as well as bed entries and exits, patient motion and quality of sleep. It does so through a sensor which is placed under the mattress or mattress cover. There are no leads or cuffs to connect to the patient, who has complete freedom of movement and need not suffer from any irritating attachments.

A Promising Step in Cancer Research

The struggle to cure cancer necessitates overcoming an enormous obstacle. Only 8% of anti-cancer compounds are both soluble and bioavailable to the target organ. At the Weizmann Institute, Dr. Fortune Kohen and her staff faced this very problem. A compound they had been studying was only soluble in acetone, a highly toxic solvent, destroying chances of a successful in-vivo experiment. They were introduced to Do-Coop's nanoparticle-doped water, Neowater. Studies on MLS tumor-baring mice showed effective solubilization of the drug by Neowater, functionality and specificity in targeting the tumor. Neowater has been shown to have a significant impact on the efficacy of anti-cancer compounds in in-vivo tests, and may prove valuable in the battle to cure cancer.