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Israel’s AeroScout sold for $240m.

Israel’s AeroScout – a global leader in tracking objects and people through Wi-Fi networks – has reportedly been acquired by an American infrastructure and services company for some $240 million. The Calcalist business daily reported that the buyer will identify …

Gilad Shalit to lead peace ride

The annual ‘Cycling for Peace’ ride has come full circle as Gilad Shalit takes the lead in tomorrow’s event (May 4).Last year’s happening was dedicated to the release of Shalit, who was kidnapped by Hamas. This year, he’s set to …

FDA approves Israeli-made Gaucher drug Elelyso

A new Israeli developed treatment for Gaucher disease is set to hit pharmacies around the globe, following approval of the new drug by the American Food and Drug Administration.The new medication is called Elelyso and it was developed by Israel’s …

New HU research could help treat autism

Hebrew University of Jerusalem researchers have shown that the different genes involved in autism tend to be involved in specific processes in the brain. The scientists say their study has potential implications for early diagnosis as well as for treatment of autism in the future.

Brainsway raises $4.3 million

Brainsway raises $4.3 million

Following positive trial results in the treatment of major depression, Israel’s Brainsway has raised $4.3 million.The funding came from an allotment of shares and warrants to a group of investors led by the private equity fund, Shavit Capital. Brainsway has the …

Zeevi takes Judo gold

Israeli judokan Arik Zeevi celebrated victory at the European Judo Championships over the weekend. Zeevi won the gold medal in the under-100-kilogram weight class against Georgia’s Levan Zhorzholiani.

Prize painter

The Israeli artist Amnon Ben Ami won the inaugural Ilana Elovic Bezalel Prize for Painting. The $20,000 award pays tribute to Ilana Elovic, a self-taught Israeli-American artist who died in 2006 of ovarian cancer after exploring her disease through her art.