Jerusalem's BioStrengths

Jerusalem possesses the essential components that contribute to the strength of the city's flourishing life sciences industry:

• World class knowledge base in life and biomedical sciences.
  This knowledge base is rooted in Jerusalem's leading academic, research and medical institutions, including: the Hebrew University of Jerusalem, Israel's foremost institution in academic excellence and at the forefront in biotech and biomedical research; the Hadassah Medical Center, specializing in clinical research; the Shaare Zedek Medical Center; and Jerusalem's technology colleges. All provide a continuous flow of brilliant ideas that support the city's global standing in technological innovation in life and biomedical sciences.
  
  
• Dynamic tech transfer activity in life sciences by local TTOs.
  Yissum, the tech transfer company of the Hebrew University of Jerusalem (HUJ), is positioned among the top 15 tech transfer companies in the world. HUJ ranks 12th worldwide in biotech patents. Products derived from these patents generate annual sales of $1 billion. Hadasit, the tech transfer company of the Hadassah Medical Center, is a powerhouse of startup activity.
  
  
• Highly skilled professional workforce in life and biomedical sciences.
  More than 1,800 students graduate in life sciences annually from Jerusalem's academic institutions. Jerusalem also has the highest number of life sciences Ph.D. students in Israel. In addition, more than 2,300 people are employed by Jerusalem's life sciences companies, representing a significant proportion of the total workforce employed by the tech-based industry in the city. These populations combined provide an impressive technical and professional resource for the growing life sciences industry.
  
  
• Unique biomedical R&D infrastructure.
  This includes state-of-the-art facilities and technology parks. Of particular note is the new BioMed Park at Ein-Kerem. Located nearby the Hadassah hospital and medical school, the BioMed Park solely hosts life sciences companies, enjoying the benefits of the rich infrastructure existing at the medical center. Jerusalem is also home to Bioline Innovations Jerusalem, a specialized incubator exclusively devoted to accelerating drug development.
  
  
• A valuable pool of life and biomedical sciences companies.
  In Jerusalem, there more than hundred life sciences companies ranging from entrepreneurial start ups to more established biotech and medical device companies, as well as global pharma and medical device enterprises. There is a growing start-up sector, with about fifty percent of the life sciences companies at an early stage of development. Many of Jerusalem's life sciences companies are focused on the research and development of therapeutics for lucrative human healthcare applications. This pool of companies, with its large business potential, is a driving force boosting Jerusalem's economic growth and development.

In addition, technology-based companies and investors choosing Jerusalem to establish their business may benefit from significant economic and financial incentives.