5 November 2019 - 7 Heshvan 5780 - ז' חשון ה' אלפים תש"פ
Chinese healthcare conglomerate Thalys signs MOU with Israel’s iCan E-mail

Thalys Medical Technology, a leading Chinese healthcare conglomerate listed on the Shanghai Stock Exchange, signed a Memorandum of Understanding (MOU) on 11April with iCAN IsraelCannabis, Israel’s leading medical cannabis incubator.

Thalys and iCAN will come together to create a unique partnership to advance the development of early-stage incubated companies that focus on the creation of medical technology, agricultural technology and general intellectual property focusing on the medical hemp industry.

“Thalys and iCAN each bring unique strengths to this partnership, which is strategic in every sense. Thalys will help iCAN’s portfolio companies enter the world’s most populous consumer market. Thalys, which plans to co-invest in iCAN’s portfolio investments that address Chinese market needs, will have exclusive cooperation rights on iCAN’s incubated start-ups and we will have matching stakes in new investments. I am honoured, humbled and proud to work cooperatively with one of China’s leading medical technology companies,” said Saul Kaye, CEO of iCAN.

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Honda teams up with Poliakine on quality-assurance robots E-mail

Japanese auto manufacturer Honda has said it will install robots in a joint venture by Israeli entrepreneur Ran Poliakine and Honda subsidiary Musashi Seimitsu, a tier-1 supplier of parts to the Japanese auto industry.

Last month Musashi Al, the joint venture, completed a pilot with Honda for one of its products, a robot for testing the quality of parts on the production line. The company now reports that it has received orders from customers in the auto industry, headed by Honda, which will install the robot in its assembly line in the coming months. The company is not revealing the size of the order, but market sources say that the deal with Honda is worth in the tens of millions of dollars.

Musashi Al has been working at the Neve Ilan assembly plant near Jerusalem for six months, with around 30 employees. The company also has dozens of production workers in Japan.

Following completion of the pilot, the company is expanding, and plans to increase the number of its employees to 100200 by the end of the year.

The joint venture has developed two products for automated assembly lines so far: an optical system for detecting defects in metal parts on auto production lines and an automated forklift for factories. The company displayed both of them at the artificial intelligence (AI) exhibition in Tokyo last month.

According to Poliakine, Israel has a great deal of knowhow in computer vision and AI, while Japan has a lot of expertise in robotics. The combination of these led to the development of a robot for testing the quality of components.

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PSA International partners with Israeli accelerator TheDock E-mail

Singapore-based port operator PSA International Pte. Ltd., owned by Singapore’s governmental holding company Temasek Holdings, announced in April that it has partnered with Israel-based maritime startup accelerator theDock Innovation Hub.

Under the agreement, theDock will scout and screen Israeli startups for PSA unboXed, the innovation and corporate venture capital arm of PSA International.

Founded in 2016 in the northern port city of Haifa, theDock is a technology hub and accelerator focused on maritime and port-related startups.

theDock’s fourmonth-long acceleration programme offers participating startups a seed investment of up to US$100,000, office space, and mentoring and networking opportunities with partner companies and investors.

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India and Israel collaborate to boost AI in Indian TB healthcare screening E-mail

The Global Innovation and Technology Alliance, under India’s Department of Science & Technology, and the Israel Innovation Authority, under the Government of Israel, have granted funding to HealthNet Global in India and Zebra Medical Vision in Israel to validate, co-develop and deploy medical imaging Artificial Intelligence (AI) across India and to increase tuberculosis (TB) screening capabilities in rural areas.

HealthNet Global is part of the Apollo Hospitals Group, one of the first and largest corporate hospital chains in India, with over 70 hospitals and 200 care and diagnostic clinics. HealthNet Global works with Apollo Radiology International by deploying cutting-edge AI systems to increase the efficiency of India’s healthcare sector.

Israel’s Zebra Medical Vision is a start-up that uses AI technology to help read medical scans, and will collaborate with the Apollo Hospitals network to deploy its technology across the country and collaboratively develop applications suitable for the Indian market.

Zebra and HealthNet Global will get support from the IndiaIsrael Industrial Research and Development and Technological Innovation Fund for the US$4.9 million project to jointly develop and provide clinical validation and evidence of the efficacy of radiology Al-based tools in India.

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China-Israel Diamond Week in Shenzhen E-mail

The first China-Israel Diamond Week was held in Shenzhen from 1 to 4 April. It was organised jointly by the Israel Diamond Exchange (IDE), the Shanghai Diamond Exchange (SDE) and Guangdong Land Holding Ltd. (GDLand).

The event included a daylong seminar, the China-Israel Diamond Forum, at which each of the organisers had an opportunity to give presentations and introduce their services. The forum culminated with the signing of a memorandum of co-operation between all of the parties.

The highlight of the event was the China-Israel Diamond Sales Meet, where Israeli exhibitors presented their goods to Chinese diamond buyers. The event also included special visits to diamond jewellery manufacturing facilities in the area, as well as social and networking events.

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