MFA: Israeli company BioLineRx has used common brown seaweed as a base for a gel that can sheath the heart muscles with a protective scaffold after cardiac arrest. The company, founded in 2003, has licensed the use of its BL 1040 gel to a New Jersey-based company. It is the most expensive seaweed known to medical history: a new heart-healing gel based on brown seaweed has just been rewarded with a record investment deal.

The Israeli company BioLineRx, founded in 2003, just released the news that one if its two compounds - the BL-1040 - to repair damaged heart muscles after cardiac arrest, has been licensed by the New Jersey-based company doesn't include royalties, about 11-15%," Bar tells ISRAEL21c. Continue