SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Table Text Block]

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets at the following rates:

		%

Computers and electronic equipment		15-33
Office furniture and equipment		6
Clinical and medical equipment		15
Leasehold improvement		The shorter of term of the lease or the useful life of the asset

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The following assumptions were applied in determining the compensation cost:

	Year ended December 31,
		2016		2015		2014

Risk-free interest rate		0.8-1.1	%	0.9-2.1	%	0.7-2.8	%
Expected option term (years)		2.6-4.5		2.3-7		3-10
Expected price volatility		82-92	%	78-87	%	65-89	%
Dividend yield		-		-		-