Israel's contributions to technology are well known. It's no secret that Intel developed its Pentium chips there, that ICQ instant messaging technology was invented by a couple of Israeli Defense Forces guys as a convenient way to communicate between themselves, or that trip irrigation technology developed by Israeli inventor Simcha Blass in 1959 minimizes the amount of water needed to grow crops in even arid climates.

But biotechnology is an area people know less about, even though it may very well be the way of the future, a way to heal the sick, minimize suffering, and unlock untold human potential.

In 1990, Israel had just 30 biotechnology companies employing just 600 employees, but by 2000 there were 160 companies employing more than 4,000 staff. The rate of growth accelerated markedly toward the end of the decade: during 2000, 25 new companies were registered, $238 million was invested privately in biotechnology-based business, and three companies raised $140 million on foreign stock exchanges. This trend has only continued into the present decade.

There is, unsurprisingly, cooperation between America (the world leader in biotechnological research) and Israel (an up-and-comer) in the area of biotechnology. Check out what this Israel 121c.org article had to say about this corporation.

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