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SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2014

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 11:- SUBSEQUENT EVENTS

1. During January 2015, a wholly-owned subsidiary was established in the state of Delaware named BioBlast Pharma Inc.

2. On February 2, 2015, the Company appointed a new President and Chief Executive Officer and a member of its board of directors. As part of the agreement the new CEO was granted 498,067 options to purchase Ordinary shares with exercise price of $ 8.47 per share.

3. On February 16, 2015, the Company's board of directors resolved to issue  24,000 options to employees with an exercise price of $7.17 per share. 

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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