Innovative Trachea Device from Israel

Israel is known around the world for the medical devices that it creates, and the latest one follows in this model. Guide In Medical has recently raised 2 million shekel ($529,000) for a life-saving trachea device. This non-invasive device is placed on the patient’s neck and it transmits light into the tissues to light the inside of the throat. The medical team can then locate the trachea much easier using a video laryngoscope and can more easily insert the tube during the intubation.

The device is for single use and they estimate that each one will cost about $35 per unit. As Ariel Shrem, the co-founder and CEO of Guide In Medical explained,

“The advantages of the device are in the simplicity of use and the ability to quickly and safely identify the trachea even in complicated situations. In the coming years, this device will be in use in every ambulance, operating room, and battalion aid station.”

At the moment, they are working on getting the EU approval, which they believe they will have by March 2017. They hope to have the approval of the US Food and Drug Administration by the end of 2017.

Interestingly, the technology was developed as part of Hebrew University’s bio-design entrepreneurship program, with the cooperation of the Hadassah Medical Center.

So far, since Guide In Medical started, they have received close to NIS 3 million from NGT3 and the office of the Chief Scientist at Israel’s Ministry of Economy and Industry.

Israel Teams Up with Massachusetts for Economic Advancement

While ties between Israel and Massachusetts have been strong for many years, the recent Bay State’s Economic Development Mission to Israel likely had an additional impact on the economic relations.  Given that statistics in 2015 showed that 200+ Israeli-founded businesses brought the Commonwealth over $9 billion and had jobs for over 9,000 individuals.

At the four day event, Governor Charlie Baker brought a delegation of leaders statewide representing a variety of industries including: academia, non-profits and governmental.  There were briefings, forums, site visits, summits and more during which time the people from each country were able to discuss the possibility of a new cybersecurity liaison between Cyberspark (the venture between the Israel National Cyber Bureau, the Beer-Sheva Municipality, Ben-Gurion University of the Negev, and leading companies in the cyber-security industry)  and the Massachusetts Technology Collaborative (the public agency seeking to support a vibrant, growing economy in the region).

The dual-relationship is exceedingly vital on both sides.  According to Baker: “Israel has about a 20-year head start in the cybersecurity space…and because we boast an innovation ecosystem of unparalleled density, there is no better place in the world for you to expand, and grow to scale, than Massachusetts.” And for Israel, should an agreement be signed (a matter also on the agenda at the event, between Baker and Israeli Prime Minister Benjamin Netanyahu), the benefits would be a bolstering of commercial, economic, industrial and technological interests, given the invariable following of collective research and expansion efforts.  As Israel’s Chief Scientist for the Ministry of Economy, Avi Hasson explained: “The Israel-Massachusetts ongoing partnership is an essential pillar in R&D collaboration. I am assured both industries, from Israel and Massachusetts, will benefit.”