Israeli Companies in the News
Written by: Zack Miller | May 31, 2007
Today’s IsraelNewsletter News Roundup
By Zack Miller
IsraelNewsletter.com
Perrigo (PRGO), a generic drugmaker with Israeli roots, said that it received approval from the FDA to market an over-the counter coated fruit nicotine gum as an aid to quit smoking. The Forbes article on the news claims that Nicorrette Fruit Chill gum is already selling at an annual rate of more than $70MM.
Zion Oil and Gas (ZN) ends its 8th and final round of its IPO by raising $12+MM.
Novartis (NVS) says US court extends restraining order against TEVA (TEVA). See IsraelNewsletter’s recent article on this battle of two titans.
Interesting podcastwith Cimatron’s (CIMT) CEO and President, Sam Golan about the state of the tooling and manufacturing industry.
Strong macroeconomic data out of the Central Bureau of Statistics. The Israel economy appears to be going strong, despite political and security crises, and in the face of the ongoing concern about the viability of the current government. Read the Globes article about making sense of the data.
Companies Reporting Earnings
OTI (OTIV)
VocalTec (VOCL)
Formula Systems (FORTY)
BVR Systems (BVSRF)
Healthcare Technologies (HCTL)
Ituran (ITRN)
G. Wili-Food (WILC)
Shamir Optical (SHMR)
Vuance (VUNCF)
TAT Technologies (TATTF)
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