Israel’s government is to fund FutuRx – an incubator to provide as many as 40 new biotechs up to 3 years and $2.3 million to develop life-saving treatments. So far, it has selected one startup developing brain disease treatment technology and another working on a cancer treatment that blocks a specific protein.
http://www.israel21c.org/headlines/israel-takes-a-risk-on-tomorrows-epic-drugs/