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IzBiz: Israeli tech develops a watch that warns of an imminent heart attack or stroke

A fortnightly round-up of the latest from Israel's booming business sector

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Compiled by
Jeremy Seeff
Partner

The watch that warns of imminent heart attacks

Medical device company CardiacSense is developing a smartwatch that can warn its user of an imminent cardiac arrest or stroke.

It tracks factors like arrhythmia, heart rate, oxygen saturation and blood pressure in users to identify possible early signs.

The device uses ECG monitoring and photoplethysmography — an optical technique that detects changes in blood volume — to track the condition of patients, and sends the readings to a doctor in real time.

The company says the new device is 99 per cent accurate at identifying possible problems — against 70 per cent for the market leader in the field.

CardiacSense says it hopes to replace large-scale hospital equipment, which often makes patients uncomfortable and confines them to their beds.

A technique that makes hospital beds germ-free

Israeli company Sonovia Textile has developed a new technology that can create antibacterial bedsheets from fabric.

Researchers from Bar Ilan University led a consortium of 16 European companies, financed by a £11 million grant from the European Union, to find a way to increase the qualities that combat bacteria in hospital sheets by a factor of four.

Rather than weaving in expensive elements or treating the fabrics after they are manufactured, the technology works by using ultrasound to open tiny holes in the fabric that are then filled with anti-bacterial chemicals.

This method, at the final stage of manufacture, is inexpensive and works with all fabrics. It helps reduce chemical waste and makes them more durable in the laundry too.

Among the world’s top ten innovators

Israel has broken into the Global Innovation Index top ten for the first time, after climbing from 17th in 2018 to 11th last year.

The annual ranking, which lists countries by their capacity for innovation, places Israel as the leading country in North Africa and Western Asia.

Tel Aviv and Jerusalem were rated 23rd on another list of the world’s largest innovation centres.

The ranking is based on 80 measures and indicators and Israel stands out in particular through its ratio of innovation to investment, and is especially strong in business sophistication.

It also ranked third in participation by women in the highly trained labour force and in foreign investments in research & development.

Beer firm turns to Israel for its cybersecurity

Ab InBev, the world’s largest beer company, has sent a delegation to visit Israel to prepare for the company’s new Tel Aviv cybersecurity unit, “The Beer Tech”.

The Belgian company, which owns brands like Budweiser and Corona that account for a quarter of global beer consumption, already has an Israeli research centre employing 100 people.

Tel Aviv pioneers ‘workspitality’

The Israeli hotel chain Fattal has launched a shared office space  that is combined with hotel rooms — an example of the new “workspitality” concept.

Fattal rented two floors of the Amot House, where the firm’s first offices were located, adjacent to its Tel Aviv NYX hotel.

Fattal is dividing the  new space into 50 offices and workspaces with 174 tables and workstations, and space renters will also enjoy hotel facilities including the business lounge, fitness room, room service and a special price for hotel rooms.


IzBiz is compiled every fortnight for the JC by Jeremy Seeff, partner at ERM, a cross-border law firm based in Tel Aviv for corporate, finance and real estate matters. Read previous editions of IzBiz here.

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