Edison Investment Research - Elbit Medical Technologies Ltd (EMTC) Elbit Medical Technologies - H119 results

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Edison Investment Research

Sean Conroy

Elbit Medical Technologies - H119 results

Elbit Medical Technologiesâ€™ two portfolio investments continue to make progress. InSightec recently received both FDA approval and a CE mark for ExAblate Neuro compatible with the SIGNA Premier MRI system from GE Healthcare as the two companies work on improving incisionless brain surgery. Gamida Cell recently completed a $40m follow-on offering and expects to complete enrolment of the Phase III for NiCord (now called omidubicel) by the end of the year, with data in H120.

25/09/2019 5 EN

Underlying

Elbit Medical Technologies Ltd

Elbit Medical Technologies Ltd is an Israel-based company engaged in the healthcare sector. It is a holding Company which was established in order to gather all of Elbit groups' bio medical and medical devices investments under one entity. Elbit Medical Technologies Ltd's medical division includes investment in InSightec Ltd that is engaged in the development, production and marketing of magnetic resonance imaging guided ultrasound equipment as well as investment in Gamida Cell Ltd that is engaged in the development of stem cell therapeutics based on its proprietary technologies for stem cell expansion as well as future regenerative cell-based medicines including heart tissue repair.

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IL0004740150 Tel-Aviv Stock Exchange Israel

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Sean Conroy

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Elbit Medical Technologies - H119 results

Elbit Medical Technologies Limited: 1 director sold

Elbit Medical Technologies - Gamida hits on Phase III

Elbit Medical Technologies - Large portion of InSightec stake sold

Biodexa Pharmaceuticals - In a period of transition

Norcros - Sale of Johnson Tiles UK agreed

Henderson Far East Income - Repositioning to raise total returns

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