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TAU Professors Awarded Inaugural Prize for Groundbreaking Innovation in Cancer Treatment
Friday, November 07, 2014 9:30:00 AM

Profs. Dan Peer and Rimona Margalit selected among top Israeli inventors for Untold News Awards

Prof. Dan Peer
Prof. Dan Peer

Prof. Rimona Margalit
Prof. Rimona Margalit

Tel Aviv University's Prof. Dan Peer of the Department of Cell Research and Immunology and Prof. Rimona Margalit of the Department of Biochemistry and Molecular Biology will be awarded $10,000 for their groundbreaking development in cancer treatment at the inaugural Untold News Awards on Wednesday, November 12, 2014, from 6:00 to 8:00 p.m. at the Harmonie Club in New York City. Theirs is one of three Israeli inventions to be selected for the award out of a pool of candidates submitted by prestigious Israeli institutions including TAU, Weizmann Institute of Science, Technion Israel Institute of Technology, and Hebrew University, amongst others.

An American non-profit, Untold News is dedicated to promoting Israeli inventors and educating Americans on the positive news generated from the State of Israel.

Prof. Peer, who is also Head of Nanomedicine and the Scientific Director of the Center for Nanoscience and Nanotechnology at TAU, and Prof. Margalit will be honored for their development of the "cancer bullet." The treatment is an injectable form of patient-friendly chemotherapy that targets only diseased cells. According to Peer, this is the first time nanoparticles are used in clusters instead of individually and has shown little to now side effects in trials.

Winners were selected by a jury of American leaders including Mr. David Schizer, former Dean of Columbia Law School; Dr. Barry Coller, Chief Medical Officer, Rockefeller University; Tony Tether, former Director of DARPA; and Heidi Jacobus, Chariman and CEO of Cybernet Systems. This year's winners also include Israeli professor Shlomo Magdassi and engineer Idan Tobis.

Following their New York appearance, the winners will visit Philadelphia, Boston, and Washington DC.

A global hub of inventions

Untold News was founded by lifelong New Yorker and former advertising executive Marcella Rosen, who discovered that Israel is home to almost as many start-ups, inventions, and patents as the entirety of the European Union and has attracted twice as much venture capital per capita as the United States. "My mission," says Rosen, "is to help the world understand that Israel is more than a country at war. Our first ever Untold News Awards reception will showcase three amazing inventors and their inventions, whom the jury and I feel will unequivocally make a mark on the worldwide stage."




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