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Creating a Healthier Tomorrow
The Israeli Hub For Health Innovation
Ziva Eger, Chief Executive
Foreign Investments and Industrial Cooperation Division
THE HEALTH BUSINESS IS SICK
As populations age, medical cost soar to the point that nations
can no longer afford.
Overall cost
of treatment
65 +
population
Spending on Healthcare
(1960-2006, % of GDP)
Chronic
diseases and
illnesses
Source: mHealth: a new vision for healthcare 2012 by McKInsey & Company
INNOVATION IS A KEY CHANGE FACTOR
New technologies are now creating solutions to help solve this
problem.
Mobile,
wearables
& sensors
Genome
Sequencing
&
Personalized
drugs
Big Data &
Cognitive
Computing
New
business
models
MANY BARRIERS TO OVERCOME
A complex, regulated industry with a variety of stakeholders that
result in a high barrier for innovation.
Regulation
Healthcare
Providers
Patients
INTRODUCING
THE ISRAELI HUB FOR
HEALTH INNOVATION
A national initiative to boost the creation of innovation,
testing and implementation within the unique Israeli
health & medical ecosystem
Creating A Healthier Tomorrow
Why Israel?
A LEADING INNOVATION ENVIRONMENT
A Creative & Inventive culture with a strong Entrepreneurial DNA
#1
Ranked
Globally
#3
Ranked
Globally
For innovative capacity
IMD World Competitiveness
Yearbook 2013
For innovation
By WEF Global Competitiveness
Report 2013-2014
#1
For density of startup
ventures per capita
Ranked
(2nd only to Silicon Valley in total
# of startups)
2nd
Tel-Aviv is ranked the
2nd best innovation
ecosystem globally
Best
By The Startup Ecosystem
Report 2012
R&D
#1 for quality of
scientific institutions
#3 for scientific
infrastructure
#4 for technological
infrastructure
Source: WEF year book 2013-2014 ; IMD 2013
#1 for both country and
business sector expenditure
on R&D (as % of GDP)
STRONG HEALTH INNOVATION HERITAGE
Israel is ranked 1st for Medical Device patents and 2nd for
Medical Device solutions (per capita).
A leader in
Advanced imaging
technology.
The source of
blockbuster drugs
such as Copaxone,
Rebif.
Innovator of many
breakthrough
medical devices
such as the
Capsule
Endoscopy.
Israeli Stents
changed the face
of interventional
cardiology.
A GROWING VIBRANT INDUSTRY
Hundreds of innovative companies that are driving health forward.
Num. of health & medical
companies (annually)
14
24 14 39
23
112
35
100
12
10
8
Num. of companies by
field type (2015)
‫לעדכן‬
6
Num. of companies by
life stage(2015)
61 127
582
372
569
200
4
2
0
2009
2010
2011
2012
2013
Medical Device
Diagnostics
HealthIT
Bio-informatics
Agrobiotech
Therapeutics
Biologocals
Telemedicine
Industrial
Seed
R&D
Initial Revenues
Revenue Growth
A HUB FOR LEADING GLOBAL COMPANIES
A growing number of leading companies have already opened
operations in Israel.
ADVANCED NATIONAL HEALTH SYSTEM
A top service, well connected system that is spread over a small
geographical area.
A National
Health Plan
A Universal
Minimum
Health Package
A Relatively
Centralized
Delivery
Mechanism
Advanced EMR
Environment
100% Coverage for
country residents.
The package includes
a wide variety of
physical, mental and
dental care services.
4 large HMO’s that
offers the Universal
package, Additional
coverage and
Complementary
medical insurance
All HMOs have and
established EMR
environment with the
national system, and
connects HMOs and
hospitals in real time.
HIGH QUALITY HEALTH PROVIDERS
A centralized environment with top health professionals and
patient centered attitude.
HMOs
Hospitals
4.2M
Patients
2.1M
Patients
1.1M
40
Hospitals
10
Research
Hospitals
9
JCI
Accredited
Hospitals
Patients
0.7M
Patients
Human capital
Large pool of
top doctors,
researchers and
technologists that
are innovation
oriented.
DESIRABLE PATIENTS ENVIRONMENT
Diversified
Aware
80 different origins
“Israel is particularly good
in early identification of
chronic disease” (OECD)
Documented
Open
Fifteen years of EMR that
are already been
gathered
High willingness to test
innovative ideas, drugs
and treatments
Connected
Innovative
High digital penetration
rate with relatively savvy
skills
High willingness to share
ideas and thoughts that in
order to shape the best
solution
Resource: Israel Statistics Bureau, The Israeli Ministry of Finance
THE HUB
A National Initiative for
Creating a Healthier Tomorrow
ACCESS TO THE LATEST INNOVATION
The Israeli innovation sector helps leading companies stay ahead
of market curves with the latest breakthroughs.
Companies
are the latest
“ what
and the most
promising innovation
and technologies in
my area
THE
HUB
Laboratories
“
Innovators
CONNECTING THE EDGES
Speeding up members' ability to find their best possible
partners.
Hospital
We have a new idea /
“treatment
/ solution.
Were is the best place to
test and evaluate it? Who
should be my partner?
THE
HUB
Patient
group
“
Specialist
LIVING LABS
A unique setting that is designed to solve the system’s major
bottlenecks and create a real impact on the cost of health.
The problem
The target
HMOs are not well
set to evaluate and
adopt innovation,
resulting in slow
innovation
adoption in the
whole healthcare
system.
Creating a
dedicated HMO
based environment
that will be
designed to
evaluate high
volume of
innovation solution
in multiple fields.
Partners
The world’s 2nd
largest HNO
Leading hospitals,
physicians,
universities,
researchers as well
as technology
companies.
Unique advantage
Fifteen years of
EMR that are
already been
gathered and
creates a deep fact
based basis for the
evaluation process.
SHAPING THE ENVIRONMENT
Promoting regulation that will enhance the eco-system ability to
operate and thrive
Access to
patients’
medical data
Speeding up
Clinical trial
decisions
Advanced
mHealth
environment
& regulation
MAKING A CHANGE, TOGETHER
• The health industry is seeking a remedy for its problems.
• Innovative solutions are the answers but they need to
overcome extremely high barriers.
• The Israeli Hub for Health Innovation is an initiative aiming to
help the various players in the value chain to take advantage
of the unique Israeli environment and advantages.
• Early adopters will enjoy the ability to attract maximum
impact for their goals.
Helping you to Create
a Healthier Tomorrow
Ziva Eger, Chief Executive
Foreign Investments and Industrial Cooperation Division
[email protected]
SUBSTANTIAL GOVERNMENTAL SUPPORT
Multiple avenues to enjoy unique incentives designed for the
international business community.
PROGRAMS TO
SUPPORT
INDUSTRIAL
R&D
CAPITAL
INVESTMENTS
& EMPLOYMENT
TRACKS
TAX BENEFITS
FOR INVESTORS
IN ISRAELI VCS
VOCATIONAL
TRAINING
SUPPORT
Ministry of Economy,
Office of the Chief
Scientist
Ministry of Economy,
The Investment Center
Ministry of Finance,
Israel Tax Authority
Ministry of Economy,
Department of Labor