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Israeli Drug Cuts COVID Deaths By 70% In Small Study

An Israeli drugmaker says a therapy it is developing reduced deaths among patients battling serious bouts of COVID-19 by 70 percent, and nearly halved hospitalization length in a small trial. A clinical study for MesenCure, conducted in Israel, involved 50 patients hospitalized in serious condition, and a similar size control group that received the best standard of care without the drug. Haifa-based Bonus BioGroup, which developed the drug, reported that out of the first 30 patients who received the therapy, two died, representing 6.7% of the group, and the average hospitalization of … [Read more...] about Israeli Drug Cuts COVID Deaths By 70% In Small Study

Tel Aviv Sets Up Potential Deal With Digital Wallet Startup Colu

The Municipality of Tel Aviv-Yafo has embarked upon a month-long pilot project, the first of its kind in Israel, to examine the feasibility of using a “digital city currency,” serving as a reward system for people who patronize Tel Aviv businesses. The municipality set up the pilot program together with Colu Techonologies Ltd., an Israeli startup that developed a digital wallet to enable payments at registered businesses via smartphone. Under the pilot, consumers who engage in five transactions worth at least NIS 20 ($5.6) apiece at local businesses using the Colu app get a reward of 25 … [Read more...] about Tel Aviv Sets Up Potential Deal With Digital Wallet Startup Colu

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