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BioWorld - Monday, December 22, 2025
Home » Topics » Regions » Middle East North Africa

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Newco news

Israel’s Lutris shares positive readout from early-stage trials of B-Raf inhibitor

May 4, 2021
By Gina Lee and David Ho
HONG KONG – Lutris Pharma Ltd., a company taking on the dermal toxicity common to cancer therapy with EGFR inhibitors, has begun testing its lead product, the B-Raf inhibitor LUT-014, in a phase II trial targeting reduction of acne-like lesions associated with the class. Partial results are expected by the end of 2021.
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Patient undergoing treatment

FDA clears three-minute depression treatment with Brainsway’s Theta Burst

April 26, 2021
By Annette Boyle
Depression treatment still isn’t “once and done,” but the time needed to reduce symptoms continues to drop for patients using electromagnetic stimulation. Brainsway Ltd.’s Theta Burst brings treatment times down to just three minutes with its FDA 510(k) clearance.
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Hominis product image

Memic nabs $96M for commercialization of Hominis surgical platform

April 13, 2021
By Annette Boyle
Memic Innovative Surgery Ltd. secured a major cash infusion to bring its freshly FDA-authorized Hominis robotic-assisted surgical platform to market. Peregrine Ventures and Ceros led the $96 million series D financing round with participation from Ourcrowd and Accelmed.
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Product image

FDA greenlights Respinova's Pulsehaler

April 7, 2021
By Annette Boyle
The management team at Respinova Ltd. is breathing easier with the FDA's 510(k) clearance of the company's Pulsehaler. Using pulsed air pressure, the device opens airways and clears secretions in patients with respiratory diseases. The clearance represents the device’s first endorsement by a regulatory agency, though the company hopes it will soon be joined by others.
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Prototype image

Forsight Robotics snags $10M in seed round to advance ophthalmic surgery platform

March 11, 2021
By Mary Ellen Schneider
Israeli med-tech startup Forsight Robotics Ltd. has closed a $10 million seed funding round led by Eclipse Ventures and joined by Mithril Capital. The funding will help advance the company’s work on a surgical robotic platform that employs microsurgical robotics, computer visualization and machine learning to automate many of the complex elements of ophthalmic surgery.
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Silhouettes

Researchers ID new method to monitor schizophrenia drug in blood

March 4, 2021
By David Ho
HONG KONG – Researchers at Ben-Gurion University of the Negev (BGU) in Israel have developed a way to instantly monitor blood levels of the antipsychotic drug clozapine. BGU’s solution is based on an electrochemical microsensor developed by Hadar Ben-Yoav from BGU’s Department of Biomedical Engineering and Ilse Katz Institute for Nanoscale Science and Technology.
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Patient with physician in hospital holding the Spincare system

Nanomedic's wound care system spins out skin-like dressing

Feb. 25, 2021
By Annette Boyle
If Marvel’s Peter Parker had chosen to apply his graduate work in biochemistry and his web-shooters to medicine, he might have created something like Nanomedic Technologies Ltd.’s Spincare system. The system uses a hand-held medical gun that prints a flexible, transparent layer of artificial skin directly on a wound or burn. The Electrospun Healing Fiber (EHF) technology creates a waterproof, protective nano polymer matrix.
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Product image

Patensee launches first-in-human trial of integrated surveillance system for fistula stenosis

Feb. 19, 2021
By Annette Boyle
Patensee Ltd. initiated a first-in-human trial of its machine vision-based surveillance system for stenosis in hemodialysis patients. The trial will evaluate the imaging system's ability to perform contact-free surveillance of the access points or fistulas essential for dialysis, which nearly all narrow or become blocked over time. The surveillance system aims to mimic the central components of a dialysis nurse's exam using technology.
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3D heart in chest

Rsip Vision develops AI-based coronary artery segmentation tool

Feb. 17, 2021
By David Ho
HONG KONG – Rsip Vision Ltd. have developed a new coronary artery segmentation tool based on deep learning technology that should allow for faster 3D models of coronary artery anatomy and facilitate precise measurements of artery length and diameter.
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Chess board and pieces, blocks spelling out M&A

Earlysense distributes its remote monitoring tech to Hillrom

Feb. 5, 2021
By David Ho
HONG KONG – Earlysense Ltd. has sold a contact-free continuous monitoring technology to global med-tech provider Hillrom Holdings Inc. Ramat Gan, Israel-based Earlysense will receive licensing for all intellectual property and technology sold to Chicago-based Hillrom for use outside the hospital along with $30 million in cash, commercial milestone payments and a portion of Hillrom's equity investment
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