Israel Innovation Authority to Set Up Computational Biology Innovation Lab
A joint venture with the National Digital Israel Initiative, the new venture aims to leverage existing Israeli knowledge and talent into a local computational biology industry
Hagar Ravet | 15:19 05.08.2019
The Israeli Innovation Authority (IIA) and the National Digital Israel Initiative are setting up an innovation hub dedicated to computational biology, digital health, pharmaceuticals, and artificial intelligence, the IIA announced Monday. To establish and operate the new hub, the IIA has issued a tender to both Israel-based and global corporations. The winning corporations will receive funding of NIS 32 million ($9.16 million), plus additional operational financing. The initiative is part of the national digital health program launched in 2018.