Teva, Philips Create New Venture For Medical Device Startups

January 19, 2015 | Teva Pharmaceutical Industries and Philips have launched a new venture called Sanara Ventures. The company will be a platform for the growth of medical device companies in Israel, aiding them in their progress from the earliest stages until the company goes international. The goal of Sanara Ventures, which will be headed by CEO Assaf Barnea, a business consultant for the World Bank, will be to provide answers and assistance to global challenges in the health sector.