Showing out, showing out, hit and run
Boy meets girl as beat goes on
Stitched up tight, can’t break free
Love is the drug, got a hook on me
Roxy Music,Love is the Drug
Israel is not (yet?) a super power in Bio-Informatics, but it should be.
While Data Science is a great area for Israel , and some Israeli brains like to waste their time on SEO and gambling I think the Bio-Informatics industry is going to be huge , but the dominant players are still not set.
Israel can succeed because:
* Many of the leading BioInformatics researchers in Boston and in Israel are originally Israelis 🙂
* Bio-Informatics requires new methodologies which are different than traditional biologiets are used to. This is a good scenario for Israelis who tend to be more adaptive in an unknown territory.
* Bio-Informatics is across domains. Math, Computer Science , Chemistry ,Physics , Statistics and engineering all play a critical role. While Israelis ,some times, are not as good in structured and well known engineering domains, they work well in teams and move between domains relatively easily.On a side note – Intel, Teva, IAI and Iskar demonstrate that manufacturing can work well in Israel.
* Bio-Informatics industry would probably be more cash efficient than traditional drugs design that requires FAB likes investments of Billions of Dollars.Moving from hardware into software and from manual experiments into virtual ones can reduce costs in an order of magnitude.
* M.Sc and PHD in Biology make very little money in Israel, due to the lack of opportunities. This can get as bad as minimum wage or a high-school teacher salary.On the flip side, it means there is a large pool of extremely talented candidates.
On the next parts – what is the promise of bioinformatics? Why is Israel not there yet, and how can it get there?