Israel

Israel

MembersMerck Invests in Israeli Biotechnology

The German pharmaceutical company Merck, together with other international companies in the same line of business, plan to launch a fund that will invest 20 million euros ($24.6 million) in Israeli biotechnology over the next five years.

Photo: Nati Shohat/Flash90

Merck’s managing director, Stefan Oschmann, said in Israel: “The spirit that drives Israeli start-ups is unique and inspiring. We are proud to play an active part in this success...

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