Asset Manager

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FutuRx

FutuRx is an Israeli biotech incubator that forms drug-development companies from Weizmann Institute research.

FutuRx logo

FutuRx

FutuRx is a Venture Capital investment company based in Ness Ziona, Israel. It has a team of 9 staff, with 4 investment professionals.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Middle East

Country

Israel

City

Ness Ziona

Corporate office

2 Ilan Ramon St., 3rd Floor, Ness Ziona, 7403635, Israel

Principals

Dr. Kinneret Savitzky

CEO

Modi Teicher

Chief Business Officer

Aric Orbach

Chief Technology Officer

Lior Teitelbaum

Co-founder and former CBO

Sector focus

PharmaceuticalsBiotechnology

Frequently asked questions

Who runs investment decisions at FutuRx?

Dr. Kinneret Savitzky serves as CEO and leads the incubator's investment and company-formation decisions. The management team includes Chief Business Officer Modi Teicher and Chief Technology Officer Aric Orbach. Strategic input likely flows from the incubator's pharmaceutical backers, though the executive team in Ness Ziona drives day-to-day portfolio construction.

How does FutuRx source its pipeline?

FutuRx sources therapeutic programs primarily from the Weizmann Institute of Science, working closely with its technology transfer office, Yeda. It also reviews assets from other Israeli universities and research hospitals. The incubator's physical location in the Weizmann Science Park enables early access to academic discoveries before they are broadly marketed to external venture investors.

Is FutuRx structured as a single family office or a venture firm?

FutuRx is a biotechnology incubator, not a family office. It functions as a hybrid asset manager that forms and seeds new companies rather than acquiring stakes in existing ones. Its model is backed by a consortium of corporate pharmaceutical partners and institutional life-sciences investors, distinguishing it from both traditional venture capital firms and family-run investment offices.

Does FutuRx participate in fund commitments or only direct deals?

FutuRx primarily creates and seeds new portfolio companies from academic intellectual property rather than making fund commitments to outside managers. Each incubated startup receives lab space, management support, and initial capital within the Ness Ziona facility. The firm is not known to operate a fund-of-funds program or allocate capital to third-party venture vehicles.

What therapeutic areas does FutuRx target?

The incubator has historically focused on oncology, immunology, and neuroscience, reflecting both the strengths of the Weizmann Institute and the strategic interests of its pharmaceutical limited partners. Individual portfolio companies have pursued small-molecule drugs, biologics, and platform technologies. FutuRx's mandate supports preclinical and early clinical-stage programs with clear paths to pharmaceutical partnerships or acquisitions.

How is FutuRx related to the Weizmann Institute of Science?

FutuRx is a separate legal entity but operates as a close collaborator of the Weizmann Institute. Its laboratory and offices are located in the Weizmann Science Park in Ness Ziona. The incubator licenses intellectual property from Weizmann through Yeda, the institute's technology transfer arm, and commercializes academic research through newly formed companies.

What is FutuRx's known posture on co-investments alongside external GPs?

FutuRx typically forms companies at inception as the lead or sole institutional sponsor during the incubation phase. As portfolio companies mature toward Series A financings, external venture capital firms often co-invest or lead subsequent rounds. The incubator's consortium structure — with OrbiMed, Takeda, and Johnson & Johnson Innovation as backers — reduces the need to seek outside co-investors at the earliest stages.

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