Due Diligence Services
Headquartered in Israel, Yakar Engineering continues to provide comprehensive Quality, Regulatory and Clinical Affairs services to startup companies & entrepreneurs, private and public incubators and accelerators, private and public local and overseas investors across a wide range of medical disciplines, as well as due diligence services for mergers, acquisitions and investments in the most efficient and cost-effective manner.
Yakar Engineering boasts a multi-disciplinary team of highly experienced engineers, healthcare professionals and regulatory experts. The team is driven by professional skill, industry experience and an exceptionally detailed knowledge of the medical device and pharmaceutical startup sectors.
Characterized by remarkable annual growth, with approximately 1,700 life science companies currently active, the Israeli life sciences industry is highly vibrant and dynamic. This is evident in the number of companies founded in the last decade (2009-2019), proven record of innovative scientific excellence, heavy government support, capital raised by companies in the industry, (attracted a record $2.5 billion in 2020, an increase of 55% over 2019) changes in the sizes of deals, and the diverse company development stages in which investments are made.
Defined as a preferred sector by the Israeli Ministry of Economy and Industry, the Biotechnology sector enjoys government funds, amount to 50% of the approved R&D budget for 2 years along with other generous incentive packages, indicating an over $100 million annual investment in the life sciences sector by the Israeli Innovation Authority via Early Stage Entrepreneur Program (TNUFA), Start-up Incubator Program, etc.