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NEW ISRAEL-KOREAN INVESTMENT FUND TO BOOST MED-TECH RESEARCH

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Wednesday, April 4th, 2012

A new joint Israeli-Korean investment fund established to promote advanced medical and biological technology was officially launched on March 15th by Minister of Science and Technology Professor Daniel Hershkowitz along with senior South Korean government officials.   Together with several Israeli and foreign investment firms, the fund was launched with initial commitments of NIS 125 million (~ $34 million).