CTech's Thursday Roundup of Israeli Tech News

In Israel, weakened defense export controls facilitate deal making. A recent reform reduced the number of permits required of local companies wishing to export defense-related technologies. Read more

Medical cannabis company Tikun Olam nabs growth, export licenses in Greece. The licenses will enable the Israeli company to supply the European market, while Israel’s cannabis export reform remains dead in the water, making no headway. Read more

Israeli defense contractor Elbit announces contract with EU maritime safety agency. The company will provide European Union countries with maritime unmanned aircraft system patrol services. Read more

WeWork to launch a startup accelerator in Haifa. Part of the global WeWork Labs accelerator network, the Haifa hub will collaborate with local maritime startup accelerator theDOCK. Read more

Teva ups guidance on third quarter results. Teva reported revenues of $4.5 billion for the quarter, down from $4.7 billion in the second quarter of 2018, and a 19.6% decrease year-over-year. Read more

 

News Briefs

U.S. healthcare system WellSpan partners with mobile health app Sweetch on diabetes treatment. Read more

China’s Yunnan Province to collaborate with Israeli IT company on blockchain infrastructure. Read more

Israel climbs five spots in World Bank’s annual ease of doing business index. Read more

Growth capital firm Oxx appoints Daria Danilina as associate. Read more