by Shmulik Shelah
LED company Lightech Electronic Industries Ltd. has been acquired by Vancouver-based Carmanah Technologies for $18.5 million. Carmanah agreed to buy all Lightech’s outstanding shares. Lightech, based in Lod and founded in 1992 by David Schreiber, designs drivers and transformers for use in LED and halogen lighting which it manufactures in China. http://www.globes.co.il/serveen/globes/docview.asp?did=1000590489&fid=1725
The US distributor has promised to sell at least $15 million worth of Glassia in the first 18 months after Kamada gets FDA approval.
Sources inform ”Globes” that AmerisourceBergen Corporation will be the US distributor for Kamada Ltd’s intravenous AAT (Alpha-1 Antitrypsin) drug for congenital respiratory diseases, which received the commercial name “Glassia” earlier this week. AmerisourceBergen is one of the largest pharmaceutical and medical services distributors in North America and the UK. http://www.globes.co.il/serveen/globes/docview.asp?did=1000559093&fid=1725
Semiconductor producer TowerJazz said today that Sunnyvale, California’-based Canesta Inc. is using TowerJazz’s technology to make its CanestaVision 3D image sensors. Market sources estimate that the deal will add $200-300 million in annual revenue to TowerJazz. http://www.globes.co.il/serveen/globes/docview.asp?did=1000568349&fid=1725
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