Science, Technology and Space Minister Ofir Akunis on Tuesday signed the first agreement of its kind between his ministry and the California Institute for Regenerative Medicine in the field of biotechnology, with an emphasis on stem cell research.

The agreement was facilitated by the Israeli-American Council, which encourages cooperation between the United States and Israel.

This is the “sharpest response to all the foolish initiatives to make academics boycott Israel, including here in California,” Akunis said at the signing ceremony, adding that “anyone who boycotts Israel — the loss is all his.”

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