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The Israel Innovation Authority (IIA) and the National Digital Ministry have selected Pfizer, AstraZeneca, Merck, and Teva to establish an Innovation Lab to research digital health and computational biology. The companies, which join the presence of the Israel Biotech Fund and Amazon Web Services (AWS), will establish the laboratory at Rehovot Science Park to help entrepreneurs and startups meet the challenges of the healthcare industry.  The lab is scheduled to open in 2021 and will join existing labs as part of the program initiated by the IIA. In total, it will have a government budget of NIS 32 million ($9.9 million) as well as additional funding from the group’s partners. The group was awarded a five-year operational franchise and the IIA and National Digital Ministry will finance 85% of a NIS 3 million ($1 million) budget for each startup that joins the lab.

Asher bittonAlex kolomoiskyLisrael biotech fundAmazon web servicesNational digital ministryInnovation labIsrael innovation authorityInnovation authorityRehovot science parkNational digitalBio convergence strategyஆஷர் பிட்டன்இஸ்ரேல் பயோடெக் நிதிஅமேசான் வலை சேவைகள்தேசிய டிஜிட்டல் அமைச்சகம்கண்டுபிடிப்பு ஆய்வகம்