Chief Scientist Annouces Philips-Teva and Strauss Group-Run Incubators

June 11, 2014 | According to Globes, the Office of the Chief Scientist in the Ministry of the Economy has chosen two new technology incubator franchises, which include Philips and Teva Pharmaceutical Industries as well as Strauss Group. The Phillips-Teva incubator will operate an incubator called Inspire Healthcare Innovations that will invest in pharmaceutical developments and medical devices, with an emphasis on digital platforms. The other incubator run by the Strauss Group will invest in food-related technology in fields spanning from agriculture, to production processes, to packaging.