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The new venture is expected to make its first investments in the first quarter of 2016.

A new business entity will invest $30 million in Israeli digital medicine ventures, sources inform "Globes." Collaborating with the venture will be US hospital Johns Hopkins, one of the world's largest medical institutions,and Luminox-Health, an Israeli group dealing in digital medicine.

Johns Hopkins's annual budget is more than $7 billion, and the new venture is expected to make its first investments already in the first quarter of 2016.