Here are four things to know:
1. Each company will receive between $5.5 million and $13.8 million in grants to expand their existing research and development centers in Israel while promoting digital health.
2. The grants are part of a six-year program with the Israeli Ministry of Economy and Israel Innovation Authority. In March, the government declared a five-year budget of $264 million toward digital health.
3. Change Healthcare received a $5.5 million grant. The company currently employs around 100 people at its Israel center.
4. Medtronic and GE Health received $13.8 million grants. Medtronic plans to use the grant to establish a development center for laparoscopic surgery visualization systems.
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