{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgIOf0o4KDA","lastupdate":"2024-08-13T00:00:00.000Z","update_date":"2024-08-13T00:00:00.000Z","lastModified":"Sep 21, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"betalin-therapeutics","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$XJPBWk8GkNCm6vZoCB0E0zhk2EH6Z2o1mefg4hFvSDqroMZe0XyS76","name":"Betalin Therapeutics","oneliner":"Tissue Engineering for Insulin Therapy Alternative","registrar":"515274272","website":"https://betalintherapeutics.com","careerspage":"","founded_month":7,"founded_year":2015,"formernames":[],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCvGtq0FUKMyK6n0s1F4jZrA","facebook":"https://www.facebook.com/Betalin.Therapeutics.Inc","linkedin":"https://www.linkedin.com/company/10782073","instagram":""},"social":["https://www.linkedin.com/company/10782073","https://www.facebook.com/Betalin.Therapeutics.Inc","https://www.youtube.com/channel/UCvGtq0FUKMyK6n0s1F4jZrA"],"flattenedsociallinks":"https://www.linkedin.com/company/10782073|https://www.facebook.com/Betalin.Therapeutics.Inc|https://www.youtube.com/channel/UCvGtq0FUKMyK6n0s1F4jZrA","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"1-10","employees_exact":10,"patent":1,"raised":11065000,"stage":"A","public_stage":"A","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":[""],"about":"Betalin Therapeutics seeks to eliminate the need for insulin injections and glucose testing in diabetes patients with its proprietary transplanted Engineered Micro Pancreas (EMP). The EMP technology helps create connective tissue that enables the body's beta cells to function properly and produce adequate and functional insulin.\n\nBetalin Therapeutics licensed the novel EMP technology developed at the Hebrew University of Jerusalem, Israel, in an exclusive worldwide agreement in 2015. The Hebrew University continues to partner with Betalin Therapeutics to support the research and development.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+97229922025","country":null,"address":{"israeli":[{"id":"38d4d3e4-76ff-45df-a9cd-1535cbce6b22","city":"Jerusalem","type":null,"address":"Jerusalem Bio Park (JBP) Minrav Bldg","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null},{"id":"92afec22-6533-466c-aa6b-504d254d87c5","city":"Ramat Gan","type":null,"address":"HaBonim Street 1, Ramat Gan, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"Center District,Jerusalem District","news":[{"id":"1hdkfHYV475YSYSJV1bHJH8xUXEeFuck0Y8daB7i5TwkGm4wAHwwM4","date":"Jul 11, 2023","link":"https://www.ynetnews.com/health_science/article/b1mhb1nk2","source":"www.ynetnews.com","visible":1,"analysis":{"tags":"Medical Research, Diabetes Treatment","company":"Betalin Therapeutics","layoffs":"Not mentioned","summary":"Betalin Therapeutics, an Israeli company, has announced progress in its development of a micro pancreas that could potentially free Type 1 diabetes patients from their dependency on insulin injections. The therapy is still in the preclinical trial stage. The company has achieved successful preclinical results both in vitro and on animals using islet cells. The next step is to achieve similar results with stem cells, which requires collaboration with other companies. The company aims to offer a new Type 1 diabetes therapy in the future.","partners":"Not mentioned","customers":"Type 1 Diabetes Patients","investors":"Not mentioned","confidence":8,"key_topics":"Micro Pancreas, Type 1 Diabetes, Insulin Injections, Stem Cells, Beta Cells","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":"Customers, Partners, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers, Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"zMCp0cuiGP4pS6lCo24lKyoamLNAhsJAUimd71nv6pCAZOwV9Dw5ea","news_summary":"Revolutionizing Type 1 diabetes treatment: Israeli firm makes progress on micro pancreas","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3639d9cd-9de0-41a4-b51c-d5f6e2bb8149","date":"Jan 26, 2022","link":"https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-694626","source":"www.jpost.com","visible":1,"analysis":{"tags":"investment","company":"Betalin Therapeutics","layoffs":null,"summary":"The European Innovation Council (EIC) Fund has made a direct equity investment of €500,000 in Betalin Therapeutics, an Israeli company. The investment will fund human trials of a biological pancreas that produces insulin independently in the body, eliminating the need for further injections. The EIC Fund will appoint an observer to Betalins Board of Directors to support product development. This investment follows €3.6 million in grants received by Betalin Therapeutics from the EUs Horizon 2020 R&D program. To date, the company has raised NIS 45 million in capital investments and grants. Betalin Therapeutics aims to treat type 1 diabetes and 25% of type 2 diabetes patients who require insulin injection.","partners":null,"customers":null,"investors":"European Innovation Council Fund","confidence":9,"key_topics":["biological pancreas","insulin","human trials","European Innovation Council","Betalin Therapeutics"],"date_of_event":"JANUARY 26, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"€500,000","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"iOT2kQOtQeh6NCeFtYlozqx1mZF8G6cc9MzDeycanVhk68ycDvJNlD","news_summary":"https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-694626","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d16c0f59-0844-476a-bb85-ef115ae80dae","date":"Oct 3, 2021","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_1965959_0_Txtetaxjxdshwhus8sp&ArticleId=106407","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"merger","company":"קמן קפיטל","layoffs":null,"summary":"קמן קפיטל, a publicly traded company, has signed a non-binding memorandum of understanding with a private company called בטאלין, which develops a medical product for the treatment of diabetes. This is the fourth merger attempt by קמן קפיטל in the past two years. The merger will be done through a stock swap, with בטאלין shareholders transferring their holdings to קמן קפיטל in exchange for קמן קפיטל stocks and options. The completion of the deal is subject to various conditions, including approval from the relevant authorities and a minimum cash balance in קמן קפיטלs treasury.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["מיזוג","בטאלין","מחלת הסוכרת","קמן קפיטל","מניות"],"date_of_event":"2021-10-03","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":null,"structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"TNOLxZIZgbJxzCyvJgGj5Dlg5PpP9GaRfPhnUvVIAWfUz0NfJJ07yN","news_summary":"קמן קפיטל מנסה שוב: תמזג את חברת הביומד בטאלין תמורת 75% בחברה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a9d1fdb4-7d5c-49d0-bec2-791e60d01b31","date":"Jul 21, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3912996,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"biomed","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics will receive capital from the European Innovation Council (EIC) fund to increase human trials of a biological pancreas that can produce insulin in the body independently. The investment aims to eliminate the need for insulin injections and glucose testing. The trials will be conducted in collaboration with medical centers at the universities of Newcastle and Leeds in England. Betalin Therapeutics was founded in 2015 and focuses on developing technology to eliminate the need for insulin injections and glucose testing.","partners":null,"customers":null,"investors":"European Innovation Council (EIC) fund","confidence":9,"key_topics":["Betalin Therapeutics","European Innovation Council","insulin injections","glucose testing","biological pancreas"],"date_of_event":"2021-07-21","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"icTavZGYgZuoAGkaEoDEH4KWkJrn04BEsLRhqJ4S0JGWlmjhsbXvpk","news_summary":"Betalin Therapeutics receives EU equity investment for its alternative insulin therapy","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a7fbc293-f864-433a-87d1-4fb82c3d77e4","date":"Apr 20, 2021","link":"https://trailer.web-view.net/Links/0XCA1EA7B41734E75B2EAF46881B8F20E05309B3C3BD4BEB63C0BD2EB248F52CCDFC32B96E4D573EAFDEA6F1280BF246AE2DD8A37B6655942E2272BDDA84D40D37171E2D28B793254C.htm","source":"trailer.web-view.net","visible":1,"analysis":{"tags":"medical device","company":"בטאלין תרפיוטיקס","layoffs":null,"summary":"בטאלין תרפיוטיקס, a medical device company founded by entrepreneur Yehoshua Hershkovitz, is developing a medical product that aims to eliminate the need for insulin injections for diabetes patients. The company is in the early stages of product development and is seeking to raise 18 million shekels ($5.5 million) from institutional investors in Israel. The fundraising is led by Rosario Capital. The article highlights the companys efforts to develop a medical device that could have a significant impact on diabetes treatment.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["medical device","insulin","product development","fundraising","initial public offering"],"date_of_event":"April 20, 2021","valuation_amount":"80 million shekels","impact_on_company":"growth-negative","investment_amount":"18 million shekels","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"l6KWe0zpOEeqQMiJrHUHMVKMUpUftnXaAmI4XCiCrUaT9uwMxBL4hY","news_summary":"בטאלין תרפיוטיקס תנסה לגייס 18 מיליון שקל במטרה לעזור לחולי סוכרת","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5677998e-0a48-4367-8f97-ccb197192625","date":"Sep 16, 2020","link":"https://www.jpost.com/health-science/israels-betalin-therapeutics-plans-ipo-to-fund-diabetes-trials-642502","source":"www.jpost.com","visible":1,"analysis":{"tags":"biotech, IPO","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics, an Israeli biotech firm, is planning an IPO to raise about $40 million in New York or London by the end of next year. The IPO is aimed at funding trials for the companys diabetes treatment, an artificial micro-pancreas that helps control blood sugar levels in diabetics. The company has received grants of 5.5 million euros from Europes Horizon 2020 program and is looking to start clinical trials by the end of next year. The treatment, which uses healthy donor cells implanted in the thigh, has the potential to eliminate the need for daily insulin injections. If successful, the final product is expected to be available in about five years and will have a one-time cost of approximately $50,000.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Betalin Therapeutics","diabetes treatment","artificial micro-pancreas","clinical trials","IPO"],"date_of_event":"September 16, 2020","valuation_amount":"$150-170 million","impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment","Public Trading"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"KhS465XFlJIkXPqd1jF1qdGuKRCNbqPnHiKj5I362BJOPlG2Quxlt2","news_summary":"https://www.jpost.com/health-science/israels-betalin-therapeutics-plans-ipo-to-fund-diabetes-trials-642502","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"556e73f0-8a3b-4239-9071-9a1d7a9ff12c","date":"Aug 7, 2020","link":"https://www.diabetes.co.uk/news/2020/aug/micro-pancreas-ready-for-uk-trials-says-israeli-developer.html","source":"www.diabetes.co.uk","visible":1,"analysis":{"tags":"Medical Technology","company":"Betalin Therapeutics","layoffs":"Not mentioned","summary":"Israeli firm Betalin Therapeutics is planning to test its implantable micro-pancreas in the UK. The device, which produces insulin in response to blood glucose levels, has already been tested on animals. The company plans to submit a request for human clinical trials in August, with the aim of having the product available by 2024. The micro-pancreas would last for two years and cost around $40,000 per implant. The company has received approximately £4.5m in grants from the EU and over £6m from investors in Israel, the US, and China.","partners":"St James Hospital, Leeds","customers":"Not mentioned","investors":["EU","Israeli investors","US investors","Chinese investors"],"confidence":9,"key_topics":["Micro-pancreas","Insulin","Diabetes","Clinical Trials","Investment"],"date_of_event":"August 2021","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Approximately £4.5m from the EU and over £6m from Israeli, US and Chinese investors","structured_issues":["Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"11X3ZaqTGXXNSxtS5qh6MAnp9jxyIxgJej9Z43E8IM4YZeANWU1Lxr","news_summary":"Micro-pancreas ready for UK trials says Israeli developer","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"560f5aed-222a-4052-96e0-5da22f3bd8c9","date":"Jul 23, 2020","link":"https://www.wionews.com/world/israeli-firm-says-pancreas-to-cure-diabetes-ready-for-trials-in-uk-315400","source":"www.wionews.com","visible":1,"analysis":{"tags":"medical innovation","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics, an Israeli firm, plans to initiate human clinical trials for its bio-artificial pancreas that could potentially cure diabetes. The company has developed a micro pancreas that can free diabetics from the need for insulin injections and blood sugar monitoring. Based on a biological scaffold adapted from pig lung tissue, the artificial pancreas contains beta cells that release insulin according to a patients blood sugar levels. Betalin Therapeutics aims to start human testing in early 2021 and expects to launch the product in the market by 2024. The companys unique technology has the potential to be used for other diseases as well. Diabetes affects over 460 million people worldwide, and this medical innovation could have a significant positive impact on the companys growth.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["diabetes","clinical trials","bio-artificial pancreas","insulin","medical innovation"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"f7bJOg3iAu1Qy0wBODhUwE8YmiRZk6E1zPM0V8qkimmLnTQvHQcQ0V","news_summary":"Israeli firm says pancreas to cure diabetes ready for trials in UK","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6481b6b7-4095-47d7-812b-38f90ebf58e4","date":"Nov 11, 2019","link":"https://www.israel21c.org/israeli-artificial-pancreas-may-one-day-cure-diabetes/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"medical technology","company":"Betalin Therapeutics","layoffs":null,"summary":"Israeli startup Betalin Therapeutics is beginning the application process for clinical trials of its revolutionary artificial pancreas. The Engineered Micro Pancreas (EMP) aims to free patients suffering from severe types of diabetes from constantly monitoring blood-sugar levels and injecting insulin. Betalin is expecting a price of $50,000 per implant, with the global Type 1 diabetes market estimated to be worth $25.52 billion by 2024. The company is working on acquiring enough beta cells to fill the EMP, either from third parties or by making their own. Betalin has conducted animal trials and plans to raise an additional $5 million to complete regulatory work for human testing. If successful, it would take another five years before the EMP reaches the market.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["artificial pancreas","diabetes","clinical trials","beta cells","insulin"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"7Y7WyZcDkI58TlVy8UscxnL7P4ggKbmpoRIjEYbaUng4D7LpZoVQHu","news_summary":"Israeli artificial pancreas may one day cure diabetes","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"2e09f613-b8d7-462c-9a75-6fefa1f50ef4","date":"Oct 3, 2019","link":"https://www.jpost.com/HEALTH-SCIENCE/Israeli-researchers-Cure-for-diabetes-within-the-next-five-years-603482","source":"www.jpost.com","visible":1,"analysis":{"tags":"bio-artificial pancreas","company":"Betalin","layoffs":null,"summary":"Betalin, a company developing a bio-artificial pancreas for diabetes treatment, has completed animal trials and is preparing for human clinical trials. The company has raised $3.5 million and is seeking an additional $5 million in funding. The bio-artificial pancreas is expected to cost around $50,000 per patient. Betalin is collaborating with clinics in several countries and has received a bi-national collaboration grant. The company aims to gradually roll out the technology to diabetic patients and eventually expand to treat other hormonal dysfunctions. Betalins founder and former CEO of Hadasit Ltd. and Gamida-Cell Ltd., Dr. Avi Treves, believes the technology will be more effective and economical than current treatments.","partners":["clinics in Germany, England, Miami, China, and Italy"],"customers":null,"investors":null,"confidence":8,"key_topics":["bio-artificial pancreas","diabetes treatment","clinical trials","research and development","partnerships"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$5 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eBqQTfT9RYCg0gTqC7ObBlfv83boBdSkCtKETGt27s694p02CqdCxE","news_summary":"https://www.jpost.com/HEALTH-SCIENCE/Israeli-researchers-Cure-for-diabetes-within-the-next-five-years-603482","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"124371b5-f042-45cf-baee-2a0c8b454484","date":"Apr 24, 2019","link":"https://en.globes.co.il/en/article-diabetes-treatment-co-betalin-therapeutics-raises-25m-1001283394","source":"en.globes.co.il","visible":1,"analysis":{"tags":"diabetes treatment","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics, an Israeli diabetes treatment developer, has raised $2.5 million in funding for its revolutionary treatment that aims to replace insulin therapy. The company provides a one-time transplant of the proprietary Engineered Micro Pancreas (EMP), which ensures continuous glucose-related insulin secretion. Betalin Therapeutics is also in talks with a Chinese pharmaceutical entity to enter the Chinese market. The company is addressing the issue of transplant rejection by signing a licensing agreement with the Hebrew University to use cannabis extracted molecules together with the EMP transplant. This will reduce the need for immunosuppressive drugs.","partners":null,"customers":null,"investors":"leading venture capital funds and private investors","confidence":9,"key_topics":["diabetes treatment","Engineered Micro Pancreas","insulin therapy","transplantation","immunosuppressive drugs"],"date_of_event":"April 24, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$2.5 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"BP1a9r2K0WTt0u073ov3uaTOlI8zDdPADE1zgkgK9IJbMt5TmWArmS","news_summary":"Insulin replacement co Betalin Therapeutics raises $2.5m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a6a0e0fc-88f1-4d65-879c-a338f2e84090","date":"Feb 28, 2018","link":"https://www.israelnationalnews.com/News/News.aspx/242523","source":"www.israelnationalnews.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"3z6hEdxbm3DO8qqCNRIoaHfomTKe0DQqUJsIWJTH3NBr62UTcbqdED","news_summary":"Finding a cure for diabetes","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"6fdb5c26-b901-4a44-9d9c-9c8b39ac84d1","date":"Jun 7, 2017","link":"http://www.globes.co.il/en/article-betalin-therapeutics-wins-best-biopharma-startup-award-1001191560","source":"www.globes.co.il","visible":1,"analysis":{"tags":"tissue engineering, diabetes","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics, an Israeli company specializing in tissue engineering for curing diabetes, has been named the most innovative biopharma company of the year at the Tel Aviv MIXiii Biomed Conference. The company has developed the Engineered Micro Pancreas (EMP), a technology that provides glucose-regulated insulin secretion over extended periods of time. The EMP is prepared in the lab using a natural micro-scaffold and cellular components, and can be implanted anywhere in the body. Preclinical studies have shown promising results, with 70% of mice not needing further insulin injections for up to 90 days after implantation. Betalin Therapeutics is now in discussions with regulatory authorities for human clinical trials. The company aims to improve treatments for people with Type 1 and extreme cases of Type 2 diabetes.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["tissue engineering","diabetes","innovation","biopharma","startup competition"],"date_of_event":"June 7, 2017","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"3fVx5BWLpoXfEifRXywgRlSL2gpGiuJb759ieBOdtXesNIygeUQFjz","news_summary":"Betalin Therapeutics wins best biopharma startup award","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"505eeb88-ed09-4a71-a6d3-1155e5e1e5b9","date":"Jun 5, 2017","link":"https://www.prnewswire.com/news-releases/betalin-therapeutics-wins-startup-competition-at-mixiii-biomed-2017-626463351.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"biotech, diabetes","company":"Betalin Therapeutics","layoffs":null,"summary":"Betalin Therapeutics, a biotech company specializing in tissue engineering for curing diabetes, was chosen as the most innovative biopharma company of the year at a conference. 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