Skip to content
Wednesday 22 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,716.97
+1.24%
DAX
25,155.41
+0.58%
CAC 40
8,437.89
+0.89%
STOXX 50
6,316.99
+0.50%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 28 January 2021 10:22 am  |  Updated:  Thursday 28 January 2021 10:47 pm

Israeli medtech firm claims it may have found Covid-19 cure

By: Michiel Willems

Add as a preferred source on Google

A new treatment based on proteins could cure people with the Covid-19 virus, an Israeli startup claims.

According to Tel Aviv-based Novel Concepts Medical, the treatment is a combination of natural compounds and was proven in lab results to show a significant decrease in the amount of the Covid-19 ‘spike protein’ within a few hours of incubation.

The company’s founder, Dr. Rachel R. Alkalay, who is a PhD graduate of Queen Mary University London, explained to City PM that the spike protein is the part in the virus that connects the virus to the cell.

“All the research in the world is focused on this spike protein. We managed to decompose it. Essentially, this is the equivalent of taking the fuel out of a car,” Alkalay said.

“We are currently repurposing compounds that have already been tested on millions of people safely for other purposes. Our findings show that it is very possible to have an immediate effect in inhibiting the virus in people who have been exposed,” she added.

Testing

The Novel Concepts Medical formula was tested at the Smart Assays Lab in the Weizmann Science Park in Israel.

Dr Celeste Weiss-Katz, an expert in proteins at Tel Aviv University, confirmed that the lab reports demonstrated that the formula decomposed the Covid-19 spike proteins.

“It is clear to see from the lab results that the Novel Concepts Medical formula causes a significant reduction in the S1 and S2 proteins,” she said.

Alkalay said Novel Concepts Medical is now looking to collaborate with hospitals, both in Israel and other countries, to begin clinical trials.

Read more

Leo Cancer Care Raises $65M Series D to Scale Its Integrated Upright Cancer Care Platform

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Coronavirus

Trending Articles

  • Romesh Ranganathan makes it hard to defend the BBC

  • Exclusive: Rugby World Champions Cup set to be mothballed

  • Tax rises ‘guaranteed’ as Healey faces £22bn black hole from Burnham spending plans

  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

  • Rachel Reeves’ sister takes top legal role in Burnham’s Cabinet overhaul

More from City PM

  • Leo Cancer Care Raises $65M Series D to Scale Its Integrated Upright Cancer Care Platform

    Business Wire
  • Former Southern Water boss charged with conspiracy to defraud

    Law
    Southern Water safety sign on a chain link fence, detailing required PPE like hard hats and safety boots.
  • Patent cliff fuels Novartis’ $1.5bn swoop for London biotech

    Healthcare
    Hikma produces generic drugs
  • London-listed firm cheers surge in demand for ‘dog wash machines’

    Retail
    Golden Retriever sitting on a grassy park field with a bright blue sky backdrop, embodying joy and companionship.
  • Alkermes’ Alixorexton Demonstrated Sustained Improvement in Wakefulness in Adults With Narcolepsy Type 1 and Type 2 in Long-Term Extension Study Interim Analysis

    Business Wire
  • Tenpoint Therapeutics Announces United Kingdom Submission of Marketing Authorization Application to the Medicines and Healthcare Products Regulatory Agency (MHRA) for the Treatment of Blurry Close-Up Vision (Presbyopia) in Adults

    Business Wire
  • Starmer’s final act will expose firms to more bogus equality claims

    Opinion
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • UK’s biggest pub firm probed over treatment of tenants

    Hospitality
    Stonegate street scene with historic architecture, bustling crowds, and local shops, capturing vibrant city life ambiance.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook