<SEC-DOCUMENT>0001178913-19-002187.txt : 20190814
<SEC-HEADER>0001178913-19-002187.hdr.sgml : 20190814
<ACCEPTANCE-DATETIME>20190814143713
ACCESSION NUMBER:		0001178913-19-002187
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20190814
DATE AS OF CHANGE:		20190814
EFFECTIVENESS DATE:		20190814

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KAMADA LTD
		CENTRAL INDEX KEY:			0001567529
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-233267
		FILM NUMBER:		191025496

	BUSINESS ADDRESS:	
		STREET 1:		2 HOLTZMAN ST., SCIENCE PARK
		CITY:			REHOVOT
		STATE:			L3
		ZIP:			7670402
		BUSINESS PHONE:		97289406472

	MAIL ADDRESS:	
		STREET 1:		2 HOLTZMAN ST., SCIENCE PARK
		CITY:			REHOVOT
		STATE:			L3
		ZIP:			7670402
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>zk1923409.htm
<DESCRIPTION>S-8
<TEXT>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">As filed with the Securities and Exchange Commission on August 14, 2019</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: right; line-height: 1.25; font-weight: bold;">Registration No. 333-&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
    <div style="text-align: right; line-height: 1.25; font-weight: bold;"> <br>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C.&#160; 20549</div>
    <div style="text-align: center; line-height: 1.25;">__________</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">FORM S-8</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; line-height: 1.25;">_________</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">KAMADA LTD.</div>
    <div style="text-align: center; line-height: 1.25;">(Exact name of registrant as specified in its charter)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z3bb8e384a30243a79b8e3893726843d1" border="0" cellpadding="0" cellspacing="0">

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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">State of Israel</div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Not Applicable</div>
          </td>
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          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">(State or other jurisdiction of incorporation or organization)</div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">(I.R.S. Employer Identification No.)</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">2 Holzman Street</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Weizmann Science Park</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">P.O Box 4081</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Rehovot 7670402</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Israel</div>
    <div style="text-align: center; line-height: 1.25;">(Address of Principal Executive Offices) (Zip Code)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Kamada Ltd. 2011 Israeli Share Award Plan</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">(formerly known as the Kamada Ltd. 2011 Israeli Share Option Plan)</div>
    <div style="text-align: center; line-height: 1.25;">(Full title of the plan)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Puglisi &amp; Associates<br>
      850 Library Avenue, Suite 204<br>
      P.O. Box 885, Newark, Delaware 19715<br>
      (302) 738-6680</div>
    <div style="text-indent: 18.95pt; line-height: 1.25;">(Name, address and telephone number, including area code, of agent for service)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;">Copies to:</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zaf110a519cbd4e1a943af41eac1120c5" border="0" cellpadding="0" cellspacing="0">

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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Jaclyn Liu, Esq.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Morrison &amp; Foerster LLP</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">425 Market Street</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">San Francisco, CA 94105</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">(415) 268-7000</div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Raz Tepper, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Sharon Rosen, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fischer Behar Chen Well Orion &amp; Co.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">3 Daniel Frisch St.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel-Aviv 6473104, Israel</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">+972 3 6944111</div>
          </td>
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    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.&#160; See the definitions of &#8220;large
      accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</div>
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          <td style="width: 50%; vertical-align: top;">
            <div style="line-height: 1.25;">Large Accelerated filer &#9744;</div>
            <div style="line-height: 1.25;">Non-accelerated filer &#9744;<font style="font-family: 'Wingdings 2', serif;"></font></div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div style="line-height: 1.25;">Accelerated filer &#9746;</div>
            <div style="line-height: 1.25;">Smaller Reporting Company &#9744;</div>
            <div style="line-height: 1.25;">Emerging Growth Company &#9744;</div>
          </td>
        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
      Section&#160;7(a)(2)(B) of the Securities Act.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Title of securities to be registered</div>
          </td>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount to be registered<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
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          <td style="width: 20.02%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed maximum offering price per share</div>
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          <td style="width: 20.01%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed maximum aggregate offering price</div>
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          <td style="width: 20.03%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount of registration fee</div>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">Ordinary Shares, par value NIS 1.00</div>
          </td>
          <td style="width: 19.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">700,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
          </td>
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            <div style="text-align: center; margin-right: 17.1pt; margin-left: 12.6pt; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">5.525(<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup>)</div>
          </td>
          <td style="width: 20.01%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="text-align: center; margin-right: 17.1pt; margin-left: 12.6pt; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">$3,867,500</div>
          </td>
          <td style="width: 20.03%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="text-align: center; margin-right: 17.1pt; margin-left: 12.6pt; line-height: 1.25; font-family: 'Times New Roman', Times, serif;">$468.741<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>In addition, pursuant to Rule 416(c) under the Securities Act of 1933, as amended, this Registration Statement also covers an indeterminate number of the Registrant&#8217;s ordinary shares, par value NIS 1.00 per share (the &#8220;<font style="font-weight: bold;">Ordinary Shares</font>&#8221;) that may be offered or issued pursuant to the Registrant&#8217;s 2011 Israeli Share Award Plan, as amended (formerly known as the 2011 Israeli Share Option Plan) by reason of stock splits,
                  stock dividends or similar transactions.</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Represents additional Ordinary Shares issuable under awards that may be granted in the future under the Registrant&#8217;s 2011 Israeli Share Award Plan (formerly known as the 2011 Israeli Share Option Plan).</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(3)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(h) and (c) under the Securities Act of 1933, as amended, based on the average of the high and low sale prices (US$5.65 and US$5.40) of the
                  Registrant&#8217;s Ordinary Shares as quoted on the Nasdaq Global Select Market on August 12, 2019.</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(4)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Calculated pursuant to Section 6(b) of the Securities Act of 1933, as amended, as follows: proposed maximum aggregate offering price multiplied by 0.0001212.</div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">EXPLANATORY NOTE</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Kamada Ltd. (the &#8220;<font style="font-weight: bold;">Registrant</font>&#8221;) is filing this Registration Statement on Form S-8 for the purpose of registering an additional 700,000
      ordinary shares, par value NIS 1.00 per share, of the Registrant (the &#8220;<font style="font-weight: bold;">Ordinary Shares</font>&#8221;) issuable to eligible persons under the Registrant&#8217;s 2011 Israeli Share Award Plan, as amended (formerly known as the 2011
      Israeli Share Option Plan), which Ordinary Shares are in addition to the (i) 1,043,633 Ordinary Shares registered on the Registrant&#8217;s Form S-8 filed on December 9, 2013 (File No. 333-192720); (ii) 500,000 Ordinary Shares registered on the
      Registrant&#8217;s Form S-8 filed on November 10, 2015 (File No. 333-207933); (iii) 200,000 Ordinary Shares registered on the Registrant&#8217;s Form S-8 filed on February 9, 2017 (File No. 333-215983); and (iv) 760,000 Ordinary Shares registered on the
      Registrant&#8217;s Form S-8 filed on February 6, 2018 (File No. 333-333-222891) (all such prior Forms S-8s, collectively, the &#8220;<font style="font-weight: bold;">Prior Form S-8s</font>&#8221;).</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">In accordance with General Instruction E of Form S-8, the contents of the Prior Form S-8s are incorporated herein by reference, including all exhibits filed therewith or
      incorporated therein by reference, and the information required by Part II is omitted, except as supplemented by the information set forth below.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">PART I<br>
      <br>
      INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The information required by Part I is not filed as part of this Registration Statement in accordance with Rule 428 under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), and the Note to
      Part I of Form S-8.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">PART II</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25; font-weight: bold;">Item 3.&#160; Incorporation of Documents by Reference.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">The Registrant hereby incorporates by reference into this Registration Statement the following documents filed with the Commission pursuant to the Securities Exchange Act of 1934, as amended (the
      &#8220;Exchange Act&#8221;):</div>
    <div style="line-height: 1.25">&#160;</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(a)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>The Registrant&#8217;s Annual Report on Form 20-F for the year ended December 31, 2018, filed with the Commission on February 27, 2019;</div>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">(b)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>The Registrant&#8217;s Reports of Foreign Private Issuer on Form 6-K furnished to the Commission on January 2, 2019, January 30, 2019, February 6, 2019, February 12, 2019, February 27, 2019, March 14, 2019, April 16, 2019, May 14, 2019,
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    <div style="line-height: 1.25">&#160;</div>
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                <div>The description of the Registrant&#8217;s ordinary shares contained in the Annual Report on Form 20-F for the year ended December 31, 2018, filed with the Commission on February 27, 2019.</div>
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    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">All documents subsequently filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, and all Reports of Foreign Private
      Issuer on Form 6-K furnished to the Commission subsequent to the date hereof, to the extent that such Reports indicate that information therein is incorporated by reference into this Registration Statement, prior to the filing of a post-effective
      amendment which indicates that all securities offered have been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.</div>
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    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Any statement in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for the purposes of this Registration
      Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or deemed to be incorporated by reference herein modifies or supersedes such statement.&#160; Any statement so modified or superseded shall
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    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The exhibits listed on the exhibit index at the end of this Registration Statement are included in this Registration Statement.</div>
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    <div style="text-align: center; margin-left: 18pt; line-height: 1.25; font-weight: bold;"><u>SIGNATURES</u></div>
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    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets the requirements for filing on Form S-8
      and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Rehovot, Israel on August 14, 2019.</div>
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        <tr>
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          <td style="width: 4.19%; vertical-align: bottom;">
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        <tr>
          <td style="width: 46.12%; vertical-align: bottom;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
          </td>
          <td style="width: 4.19%; vertical-align: bottom;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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          <td colspan="2" style="vertical-align: bottom;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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        <tr>
          <td style="width: 46.12%; vertical-align: bottom;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
          </td>
          <td style="width: 4.19%; vertical-align: bottom;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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        <tr>
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            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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          <td style="width: 4.19%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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          <td style="width: 4%; vertical-align: top;">
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        <tr>
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            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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          <td style="width: 4.19%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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            <div style="text-align: justify; line-height: 1.25;">&#160;</div>
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    <div style="text-align: justify; line-height: 1.25; font-weight: bold;">POWER OF ATTORNEY<a name="POWEROFATTORNEY"><!--Anchor--></a></div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Amir London and Chaime Orlev and each of them severally, his true and lawful
      attorney-in-fact, and agent each with power to act with or without the other, and with full power of substitution and resubstitution, to execute in the name of such person, in his capacity as a director or officer of Kamada Ltd., any and all
      amendments to this Registration Statement on Form S-8 and all instruments necessary or incidental in connection therewith, and to file the same with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said
      attorneys-in-fact, or their substitutes, may do or cause to be done by virtue hereof.</div>
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    <div style="text-indent: 36pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed on August 14, 2019, by the following persons in the capacities indicated.</div>
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            <div style="line-height: 1.25;">Chief Executive Officer (Principal Executive Officer)</div>
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          <td rowspan="1" style="width: 48.77%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 1.25;"> <u>/s/Chaime Orlev</u></div>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
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            <div style="line-height: 1.25;"> <u>/s/ Leon Recanati</u></div>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
        </tr>
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            <div style="line-height: 1.25;">Director</div>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
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            <div style="line-height: 1.25;">Director</div>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 1.25;"> <u>/s/ Jonathan Hahn</u></div>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
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          <td style="width: 22.89%; vertical-align: top;">&#160;</td>
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        <tr>
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            <div style="line-height: 1.25;"> <u>/s/ Efrat Makov</u></div>
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            <div style="line-height: 1.25;"> <u>/s/ Shmuel (Milky) Rubinstein</u></div>
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            <div style="line-height: 1.25;">Director</div>
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      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="color: #000000; font-weight: normal; font-style: normal;">5</font></div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">AUTHORIZED REPRESENTATIVE</div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Pursuant to the requirements of Section&#160;6(a) of the Securities Act, the undersigned has signed this Registration Statement, in the capacity of the duly authorized representative of
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          <td style="width: 46.12%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.19%; vertical-align: bottom;">
            <div style="line-height: 1.25;">&#160;</div>
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            <div style="line-height: 1.25;">Puglisi &amp; Associates</div>
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        </tr>
        <tr>
          <td style="width: 46.12%; vertical-align: bottom;">
            <div style="line-height: 1.25;">&#160;</div>
          </td>
          <td style="width: 4.19%; vertical-align: bottom;">
            <div style="line-height: 1.25;">&#160;</div>
          </td>
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            <div style="line-height: 1.25;">&#160;</div>
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          <td style="width: 46.12%; vertical-align: bottom;">
            <div style="line-height: 1.25;">&#160;</div>
          </td>
          <td style="width: 4.19%; vertical-align: bottom;">
            <div style="line-height: 1.25;">&#160;</div>
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        <tr>
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            <div style="line-height: 1.25;">&#160;</div>
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          <td style="width: 4.19%; vertical-align: top;">
            <div style="line-height: 1.25;">&#160;</div>
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            <div style="line-height: 1.25;">&#160;</div>
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        <tr>
          <td style="width: 46.12%; vertical-align: top;">
            <div style="line-height: 1.25;">&#160;</div>
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          <td style="width: 4.19%; vertical-align: top;">
            <div style="line-height: 1.25;">&#160;</div>
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          <td style="width: 4%; vertical-align: top;">
            <div style="line-height: 1.25;">&#160;</div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">INDEX TO EXHIBITS</div>
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        <tr>
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            <div style="line-height: 1.25;"> <br>
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            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">5.1</a></div>
          </td>
          <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"> <br>
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            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">Opinion of Fischer Behar Chen Well Orion &amp; Co. as to the legality of the Ordinary Shares being registered</a></div>
            <div style="line-height: 1.25;"> <br>
            </div>
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        </tr>
        <tr>
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          </td>
          <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_23-1.htm">Consent of Kost Forer Gabbay &amp; Kasierer, Certified Public Accountants, a member of Ernst &amp; Young Global, an independent registered
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            <div style="line-height: 1.25;"> <br>
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        </tr>
        <tr>
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          </td>
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          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">Consent of Fischer Behar Chen Well Orion &amp; Co. (included in Exhibit 5.1)</a></div>
            <div style="line-height: 1.25;"> <br>
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            <div style="line-height: 1.25;"><a href="#POWEROFATTORNEY">Powers of Attorney (included on the signature pages to this Registration Statement).</a></div>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>exhibit_5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
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                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Tel. 972-3-69441111</div>
              </td>
            </tr>
            <tr>
              <td style="width: 100%; vertical-align: top;">
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Fax. 972-3-6091116</div>
              </td>
            </tr>
            <tr>
              <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
                <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">fbc@fbclawyers.com</div>
              </td>
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        </div>
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    <div style="text-align: center; line-height: 1.25;">August 14, 2019</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Kamada Ltd.</div>
    <div style="line-height: 1.25;">2 Holzman Street<br>
      Science Park</div>
    <div style="line-height: 1.25;">P.O. Box 4081<br>
      Rehovot7670402</div>
    <div style="line-height: 1.25;"><u>Israel</u></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Ladies and Gentlemen:</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We have acted as Israeli counsel to Kamada Ltd., a company organized under the laws of the State of Israel (the &#8220;Company&#8221;) in connection with its Registration Statement on Form S-8 (the&#160;&#8220;Registration
      Statement&#8221;) filed with the Securities and Exchange Commission for the registration, under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), by the Company of an aggregate of 700,000 of its ordinary shares, par value NIS 1.00 per share
      (the &#8220;Shares&#8221;) issuable pursuant to the Kamada Ltd. 2011 Israeli Share Award Plan, as amended (formerly known as the Kamada Ltd. 2011 Israeli Share Option Plan) (the &#8220;Plan&#8221;).</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">In rendering the opinion expressed herein, we have examined the originals or copies certified or otherwise identified to our satisfaction of (i) the Registration Statement; (ii) copies of the
      memorandum of association and the articles of association of the Company, as currently in effect; (iii) the Plan; and (iv) such other corporate records, resolutions, minutes, documents, certificates, agreements or other instruments, and such
      certificates or comparable documents of public officials and of officers and representatives of the Company as we have deemed relevant and necessary as a basis for this opinion.&#160; We have also made inquiries of such officers and representatives as to
      factual matters as we have deemed relevant and necessary as a basis for this opinion.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">In such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to
      original documents of all documents submitted to us as reproduced or certified copies, and the authenticity of the originals of such latter documents.&#160; We have assumed the same to have been properly given and to be accurate.&#160; We have also assumed the
      truth of all facts communicated to us by the Company and that all consents, minutes and protocols of meetings of the Company&#8217;s board of directors which have been provided to us are true and accurate and have been properly prepared in accordance with
      the Company&#8217;s articles of association, as currently in effect, and all applicable laws.&#160; In addition, we have assumed that the Company will receive the full consideration for the Shares.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Members of our firm are admitted to the Bar in the State of Israel, and we do not express any opinion as to the laws of any other jurisdiction.&#160; This opinion is limited to the matters stated herein and
      no opinion is implied or may be inferred beyond the matters expressly stated.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Based upon and subject to the forgoing and to the assumptions and qualifications set forth herein, we are of the opinion that the Shares have been duly and validly authorized for issuance under the
      Plan and subject to the requisite corporate approvals, when paid for and issued in accordance with the terms of the Plan and the grants thereunder, will be validly issued, fully paid and non-assessable.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.&#160; In giving such consent, we do not thereby admit that we are in the category of persons whose consent is
      required under Section 7 of the Securities Act, or the rules and regulations promulgated thereunder.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">This opinion letter is rendered as of the date hereof and we disclaim any obligation to advise you of facts, circumstances, events or developments that may be brought to our attention after the
      effective date of the Registration Statement that may alter, affect or modify the opinions expressed herein.</div>
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                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Very truly yours,</div>
                <div style="line-height: 1.25;"><br style="line-height: 1.25;">
                </div>
                <div style="line-height: 1.25;"><u>/s/ Fischer Behar Chen Well Orion &amp; Co.</u> </div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Fischer Behar Chen Well Orion &amp; Co.</div>
              </div>
            </td>
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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>exhibit_23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
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      <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"> </div>
    <div style="text-align: right; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>Exhibit 23.1</u></div>
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    <div style="line-height: 1.25;">
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to 2011 Israeli Share Award Plan
        (formerly known as the Kamada Ltd. 2011 Israeli Share Option Plan) of Kamada Ltd. of our reports dated February 27, 2019, with respect to the consolidated financial statements of Kamada Ltd. and the effectiveness of internal control over financial
        reporting of Kamada Ltd. included in its Annual Report (Form 20-F) for the year ended December 31, 2018, filed with the Securities and Exchange Commission.</div>
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                <div>&#160;</div>
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              <td style="width: 50%; font-family: 'Times New Roman',Times,serif; text-align: left;">
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                  <div><u>/s/ KOST FORER GABBAY &amp; KASIERER</u></div>
                  <div>
                    <div style="margin-left: 18pt;">A member of Ernst &amp; Young Global</div>
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            <tr>
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            </tr>
            <tr>
              <td rowspan="1" style="width: 50%;">Tel Aviv, Israel<font style="font-family: 'Times New Roman',Times,serif;"><br>
                </font>August 14, 2019</td>
              <td rowspan="1" style="width: 50%; font-family: 'Times New Roman',Times,serif; text-align: left;">&#160;</td>
            </tr>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
