Israeli startups: St. Louis wants you. That was the message at the GlobalSTL Health Innovation Summit held in the Midwestern US city last week.
GlobalSTL invited seven Israeli healthcare-related companies to Washington University in St. Louis for meetings with local hospitals, business leaders and venture capitalists.
The benefits work in both directions: St. Louis healthcare organizations get access to cutting-edge Israeli technology, and the Israeli companies gain the chance to woo strategic partners in the United States.
The ultimate goal for GlobalSTL is to convince Israeli companies to open their US headquarters in the St. Louis area. Five Israeli ag-tech companies have done so in the past 24 months: Kaiima Agro-Biotech, Evogene, Forrest Innovations, NRGene and Atomation.
“We want to extend that success to St. Louis’ healthcare sector,” said Donn Rubin, president and CEO of BioSTL, the parent organization of GlobalSTL.
Digital health is big: Studies show that more than $7.9 billion was invested in 585 companies within the digital health industry in the US in 2016 alone.
Israeli companies participating in the 2017 GlobalSTL Health Innovation Summit last week were:
ContinUse Biometrics, a bio-sensing technology that eliminates the need to maintain continuous contact with the body by monitoring nano-scale vibrations.
MDClone, which specializes in the interoperability of electronic health records.
Medial EarlySign, which improves the way risk management and decision-making are done by enhancing patient interactions with personalized insights and early flagging of individuals with clinical actionable outcomes.
MobileODT, which transforms mobile phones into visual diagnostic tools to increase the reach of healthcare systems while reducing costs.
Telesofia, a platform that clarifies medical information for patients by personalized educational videos based on their clinical data.
Wikaya, an artificial intelligence platform that helps patients improve their preventative efforts through a scoring system.
Zebra Medical Vision, which has developed a technology using artificial intelligence to automatically read and diagnose imaging data and records.