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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Depreciation Rates for Property and Equipment | 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 annual rates:
| %
Computers, software and related equipment | 33
Laboratory equipment and office furniture | 6 - 20 (mainly 20)
Leasehold improvements | Shorter of the term of the lease or useful life
Schedule of weighted-average assumptions for granted options | The Company used the following weighted-average assumptions for options granted to employees, directors and non-employees:
|  | Year ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Volatility |  |  | 63.17 | % |  |  | 54.59 | % |  |  | 53.30 | %
Risk-free interest rate |  |  | 0.45 | % |  |  | 1.92 | % |  |  | 2.89 | %
Dividend yield |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Expected life (years) |  |  | 5.16 |  |  |  | 5.15 |  |  |  | 4.97 |

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- Definition Tabular disclosure of the annual rates used to calculate depreciation for property, plant and equipment. + References No definition available. + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of granted stock options, including, but not limited to: (a) expected term of granted share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
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