Accelerating Life Science Innovations

Meytav Technological Incubator (“Meytav”) was founded in 1991 as part of the Israeli Incubator Program (www.incubators.org.il). Meytav is located in Tel Hai Industrial Park, in the north of Israel and operates branch offices in Herzelia. On July 2003, Meytav was privatized by several investor groups and VC’s, including BiolineRx - a drug development company that is a joint venture of Israel’s leading players in the life science arena. Meytav focuses on the life science sector: Biopharmaceuticals and Medical Devices. From a portfolio of 3 companies in 2003, it has grown to a tailor-made portfolio of more then 15 promising companies.

Meytav Ownership  

On July 2005, Meytav has secured a major investment from a public company traded on the Tel-Aviv Stock Exchange (TASE: Biomedix Ltd.), in consideration of a controlling interest in Meytav. This investment allows external investors to leverage state funds, while providing Meytav with financing capabilities, professional management and transparency at new levels – driven by the presence of a traded entity as a controlling owner.

BIOMEDIX Incubator Ltd.
Biomedix Incubator Ltd is a public holding company traded on the Tel Aviv stock exchange (TASE). Biomedix's management team is led by Mr. Tomer Kariv (Chairman) and Mr. Ran Nussbaum (CEO).
The major shareholders of Biomedix are: Pontifax Ltd, an investment company owned by Mr. Eli Horvitz (TEVA's Chairman), Mr. Zeev Bronfeld (CEO of Bio-Cell Ltd) and Mr. Eyal Sheratzky (CEO of Ituran Ltd).

The Orhag Group
Hagai Shalom (Chairman of Meytav) and the Kahan family are the owners of The Orhag Group. The group has several investments overseas and more recently in Israel. Hagai Shalom works in the technology and the high-tech sectors through his involvement and directorship of the "Mofet" fund.  Today, Hagai Shalom is the chairman and owner of "Haargaz Group".

The Economic Corporation of Kiryat Shmona
The Economic Corporation of Kiryat Shmona was founded by the municipality of Kiryat Shmona in 1988. It initiates and manages real estate and other projects in the city, including tourism, industry and commercial projects (city market, cable car attraction zone) and was a founder of the Meytav Technological Incubator.