Israel Biotech Fund to raise $50-100m (Globes (Israel))

Dr. Yuval Cabilly is founding a new venture capital fund, the Israel Biotech Fund, which will attempt to raise $50-100 million. The fund is intended to focus on biotech companies, sources inform “Globes.” One of the investors in the new fund is Dr. Shmuel Cabilly, Yuval Cabilly’s father. Cabilly Senior invented technology used by hundreds of…