Israel signs $12m R&D agreement with State of Victoria
This is the first agreement of its kind between Israel and Australia, designed to finance biotechnology and nanotechnology research.
This is the first agreement of its kind between Israel and Australia. It is designed to finance biotechnology and nanotechnology research, where Victoria leads Australia. Victoria, whose capital is Melbourne, has invested over $250 million in biotechnology in the past five years.
Victoria Premier Steve Bracks discussed the agreement on a visit to Israel ten months ago, when he and Minister of Industry Trade and Labor Ehud Olmert signed a declaration of intent.
Published by Globes [online], Israel business news - www.globes.co.il - on February 14, 2005
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