Israel to Invest $275 Million in Digital Health Project

  • State to digitize personal data for preventive medicine use
  • Israel aims to grab 10% of $6 trillion industry: PM Netanyahu
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Israel approved a plan to invest 1 billion shekels ($275 million) to digitize the personal health records of its nearly 9 million citizens to help develop new drugs.

The government, in partnership with German software giant SAP SE, will gather information from Israeli volunteers and create a database for academics and foreign health care companies to use in the development of preventive medicines and personalized care, according to an emailed statement from the prime minister’s office on Sunday.