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The Unlimited Potential of Drones: Investment and Collaboration Opportunities between Canada and Israel | Bennett Jones LLP

To embed, copy and paste the code into your website or blog: Unmanned aerial vehicles (UAVs), or drones, are transforming how businesses in a wide range of industries operate. Initially considered something exclusively for military purposes, the drone industry has branched out, developing a multitude of commercial applications, including in oil & gas, mining, agriculture, retail, delivery services and health care. Many companies are realizing the unlimited ways drones can be used, such as data acquisition, aerial photography, remote sensing, mapping and surveying, disaster risk management, environmental monitoring and logistics and operations. Bennett Jones Canada-Israel Initiative partnered with Aviram Hazak, M&A partner of the prominent Israeli law firm Herzog, Fox and Neeman to host the latest Maple and Honey Forum

FDA Reaches Another Milestone in COVID-19 Diagnostic Testing: First Over-the-Counter COVID-19 Home Test | Wilson Sonsini Goodrich & Rosati

To embed, copy and paste the code into your website or blog: On December 15, 2020, the U.S. Food and Drug Administration (FDA) finally issued an emergency use authorization (EUA) for the first over-the-counter (OTC) fully at-home diagnostic test for COVID-19. The Ellume COVID-19 Home Test is a rapid, lateral flow antigen test that detects fragments of proteins on the SARS-CoV-2 virus from a nasal swab sample collected from any individual two years of age or older. 1 As voiced by FDA Commissioner Stephen M. Hahn, M.D., this is “a major milestone in diagnostic testing for COVID-19.” By authorizing this test as an OTC product, the FDA makes the Ellume COVID-19 Home Test available at places like retail drug stores, substantially expanding American consumers’ access to COVID-19 testing and reducing the burden on laboratories. For the first time, without the need for a prescription, consumers can get tested for COVID-19 from the safety of their own homes and find out their results

Cloud Infrastructure Market Player Extends Gains amid

Cloud Infrastructure Market Player Extends Gains amid
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Boast ai raises $30 million from Radian Capital to revolutionize R&D tax credit market

Boast.ai raises $30 million from Radian Capital to “revolutionize” R&D tax credit market Vancouver-based software startup Boast.ai has secured $30 million CAD in Series A financing from growth equity firm Radian Capital. Boast.ai’s software platform automates the process for claiming R&D tax credits in the United States (US) and Scientific Research & Experimental Development (SR&ED) tax credits in Canada. “Boast.ai is poised to…cement its position as the unified system of record for R&D data.” An almost ten-year-old company, the $30 million represents the first institutional financing for Boast.ai, which bootstrapped its way to “eight-figures in revenue.” Boast.ai founders, Alex Popa and Lloyed Lobo, told BetaKit in an interview they are now looking to scale Boast.ai’s reach in order to tackle what they see as a sizable market opportunity.

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