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RDC - Rafael Development Corporation Ltd., (RDC) a 50.1% Elron company, was established by Elron and Rafael, the principal research and development entity of the Israeli Ministry of Defense. RDC combines Rafael's scientific know-how, advanced research and development capabilities, technological innovation and resourcefulness with Elron's strong financial base, access to capital markets and management expertise. Through RDC, Elron initiates and develops new companies, leveraging its exclusive access to the military technologies of Rafael.
Established in 1993, RDC is actively involved in all the business aspects of its companies from inception to maturity, while promoting inventiveness and professionalism throughout the entire life cycle of the company.
Giving Elron's group companies a head startOne example of RDC’s active end-to-end involvement in the growth of a company is Given Imaging (NASDAQ: GIVN). Initially, Rafael's world-leading research and development teams invented a unique technology for military purposes. RDC later identified the potential civilian applications of this technology, joining Elron to provide essential financial, business and strategic support. Today, Given Imaging is a solid multinational enterprise and a world leader in the field of capsule endoscopy for detection of gastrointestinal disorders.
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