JERUSALEM (May. 19)
A joint American Israeli medical plant has opened its new headquarters as the first enterprise on Hebrew University’s new science-based industry campus in the Sanhedria quarter of Jerusalem. The partnership was sponsored by Hebrew University’s Yissum Research Development Company and the Ames, Company Division of Miles Laboratories, Inc. of Elkhart, Indians. The Ames-Yissum Company, which originally opened in Jerusalem six years ago, manufactures diagnostic kits for evaluating thyroid functions. The company exports to about 30 countries.
Undeterred by the Arab boycott, Miles Laboratories, Inc. is continuously increasing its various activities in Israel, a university spokesman said. The medical company’s activities range from production of sophisticated chemicals for research laboratories to manufacturing nutrients obtained from plants.
George Orr, president of Miles Laboratories, said at dedication ceremonies earlier this month that his firm operates in 140 countries, He added that “of all places I visited there is no question that the one which has made the most impact on me is Israel.” Israeli Commerce and industry Minister Haim Barlev stated in his address that international corporations operating in Israel are discovering that they are not losing money, despite the Arab boycott.