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University at Albany: Governor Cuomo Announces Israeli Biotech Company Creating New Economic Opportunity In Capital Region
Date:1/13/2014

ALBANY, N.Y., Jan. 13, 2014 /PRNewswire-USNewswire/ -- Governor Andrew M. Cuomo today announced that BioHarvest Ltd., an Israeli biotechnology company, is creating new economic opportunity in the Capital Region by moving its research and development start-up operations from Tel Aviv, Israel to Albany and creating 60 new jobs. The company will collaborate with the University at Albany's Cancer Research Center (CRC) to produce innovative technologies for human health, including functional health food products and intervention strategies based on the cultured cells of fruits and vegetables, in three phases.

(Photo: http://photos.prnewswire.com/prnh/20140113/DC45378)

"Companies in growing fields from around the globe are coming to New York and creating new economic opportunity in all parts of our state," Governor Cuomo said. "This partnership with BioHarvest will create new jobs and continue to establish the Capitol Region as a leader in the research and development field. We will continue to collaborate with up and coming companies to generate jobs and transform New York's economy."

Founded in 2007 as Fruitura BioScience Ltd, the woman co-owned and managed Israeli biotechnology company has developed a patented, state-of-the-art platform to grow and bio-harvest fruit cell cultures in 3D bioreactors. The unique technology enables the production of safe and clinically researched super-foods rich in phytonutrients in highly bio-available and efficacious forms, which are produced on an industrial scale for the nutrition, wellness, and supplements markets. Along with New York State's highly competitive economic development agenda— including Governor Cuomo's Regional Economic Development Councils an
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SOURCE University at Albany
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