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QUOTED. March 23, 2018. Barak Azmon.

Executive Summary

Israeli device-makers are strengthening ties with Australia, which has launched a major initiative to encourage innovation in health care. Check out what Barak Azmon said about it here.

"We actually moved one of our companies we started in Israel to Australia. Although Australia is a schlep, it has a very favorable environment for clinical trials. There's very easy regulation which can be efficient for research because there are no animal trials, so you skip millions of dollars' worth of research. There are also a few nice venture funds that are doing very well and are willing to invest, which is helping to build a small industry there." –Barak Azmon, serial entrepreneur

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