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LIFE SCIENCES & MEDICAL DEVICES 2007
The Participating Companies
Program Summary
 
The Participating Companies
Althera Medical, internal radiation cancer therapy
ArioMedica, mechanical plaque removal system
Efratgo, advanced implants for treatment of hip fractures
Hospitec Respiration, electronic system for setting and monitoring ETT cuff pressure
Hy Biopharma, anti-cancer, anti-inflammatory, immuno-regulatory agent
ImmunArray, IVD for cancer and auto-immune diseases
Immunovative Therapies, non-toxic biological drug for immunotherapy treatments of cancer
Lavi Cardiatec, device for early detection of CVD risk
MaimoniDex RA, monoclonal antibodies for cancer treatment
NanoVibronix, products for prevention of biofilm on catheters and wound management
Pro IV, device to prevent IV drug infusion/transfusion errors
TAGRA Biotechnologies, next-generation delivery systems for dermal/oral hygiene applications
Target-In, pharmaceuticals based on proprietary apofusions

Program Summary

MarketReach America Life Sciences & Medical Devices 2007 Investor and Strategic Partner Conference

On July 24-25, 2007, 12 Israeli life science companies gathered for the fifth MarketReach America conference, which took place on the Johns Hopkins University campus in Baltimore, Maryland. MarketReach is an industry-focused business development program run by the Maryland-Israel Development Center and its representatives in Israel, The Trendlines Group.

We are very pleased that at least one investment has already closed as a direct result of the conference and a number of serious, ongoing discussions are underway between participants and investors and strategic partners.

Some of the highlights (in chronological order)

A meeting with Dr. Ed Miller, dean of the Johns Hopkins University School of Medicine and with Dr. Steve Desiderio, head of their Institute for Basic Biomedical Research, along with other leading members of the School of Medicine faculty. Important contacts were made that are already resulting in discussions about research and clinical collaboration.

A gala banquet in honor of Hanan Sibel, outgoing chairman of the Maryland-Israel Development Center, attended by close to 300 prominent businesspeople and community leaders. The Israeli representatives presented their companies to an enthusiastic audience and were welcomed by Maryland Governor Martin O'Malley and Israeli Ambassador Sallai Meridor.

A very insightful "insider's" view of the FDA from a former FDA commissioner, Dr. Lester Crawford, followed by a panel of regulatory and reimbursement experts moderated by Lynn Shapiro Snyder of Epstein, Becker & Green. The companies were warned about foreseeable "bumps" in their regulatory and reimbursement pathways that can be avoided (or at least minimized) with proper planning.

A discussion with representatives from leading life science companies such as Medtronic, Becton-Dickinson, MedImmune/AstraZeneca, and Novation about how to do business with their companies (and other large companies like theirs), followed by a very lively round of one-on-one meetings between the companies and the potential strategic partners. In the true spirit of MarketReach America, a lot of valuable information and contacts were conveyed -- even if there was not direct synergy between a particular Israeli company and a specific strategic partner. A number of the companies are still in contact with the strategic partners, as their opportunities make their way through the corporate structure.

A very interesting and, at times, humorous keynote speech from John Jacobs, Nasdaq EVP, Financial Products and Marketing – about raising money in public markets in general and, of course, through Nasdaq in particular.

Last but not least, the companies made their presentations to a gathering of investors that included VC funds, corporate venture funds, and angel investors. The presentations were followed by a networking cocktail reception, during which investors approached the companies that interested them and made arrangements for further discussions.
 
 
  MarketReach America is a partnership of the Maryland/Israel Development Center and The Trendlines Group.
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