Sheba Medical Center, Israel's premier hospital located in Ramat Gan near Tel Aviv, has recently unveiled its groundbreaking accelerator program, the ARC Accelerator, designed to bolster innovation in the medical technology sector. Situated at the heart of Sheba's campus, this initiative is set to provide pivotal resources including expert guidance, financial investment, and an expansive support network tailored for nascent startups focusing on medtech advancements.
In a strategic partnership with the renowned medical diagnostics firm Ilex, which is contributing an impressive $10 million to the venture, the ARC Accelerator is poised to spearhead development in three critical health domains: senior health, women's health, and mental health. This program is not just limited to Israeli startups but also extends its welcome to international entrepreneurs, reflecting a global approach to healthcare innovation.
High-Tech medicine made in Israel: today we visited the Innovation Center at Ichilov hospital in Tel Aviv, where 3D printing, robots, and state of the art technology take medical treatments to a new level. pic.twitter.com/wN2kDez86S
ā Sara Yanovsky (@SaraOMYanovky) February 6, 2024
Each cycle of the accelerator program, ranging from 10 to 14 weeks, will nurture 8 to 10 selected startups through a blend of in-person and virtual sessions. This format is designed to accommodate the diverse needs of participants, fostering an environment where groundbreaking ideas can flourish.
Prof. Eyal Zimlichman, the visionary behind ARC Innovation, who also serves as the Chief Innovation and Transformation Officer at Sheba Medical Center, highlighted the accelerator as a cornerstone in ARC's mission to drive transformative changes across global healthcare landscapes. Prof. Zimlichman's ambition is to elevate Israel's position as a leader in healthcare innovation, supporting entrepreneurs at various stages of their journey towards actualizing their visions. This initiative, he believes, will not only catalyze economic growth within Israel but also make a significant impact on the worldwide healthcare market.
Good news. Israel's med tech industry is assuring more IDF soldiers survive injuries. The use of AI to determine who is most in need of attention and why is a game changer. Minimally invasive robotic surgery is another area in which Israel tech excells. https://t.co/A0R8Iv4RmT
ā Linda Britton-Fairchild (@FairchildL3853) January 27, 2024
Sheba Medical Center's reputation as a leading healthcare institution is well-established, with Newsweek ranking it among the top 10 medical facilities globally. This accolade is a testament to its commitment to excellence and innovation, further underscored by the launch of the ARC Accelerator. As Sheba continues to expand its influence beyond the Middle East, its initiatives like these that underscore the hospital's role in shaping the future of global healthcare, making it a beacon of innovation and a hub for transformative healthcare solutions.
