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COMMITMENTS AND CONTINGENCIES
6 Months Ended
Dec. 31, 2011
COMMITMENTS AND CONTINGENCIES [Abstract]  
COMMITMENTS AND CONTINGENCIES
NOTE 5: - COMMITMENTS AND CONTINGENCIES
 
 
Commitments and contingencies that occurred during the six months ended December 31, 2011 includes the following:
 
 
a.
An amount of $1,157 was pledged by the Company to secure its hedging transactions, credit line and bank guarantees.
 
 
b.
In July 2011, the Company has entered into an agreement with MTM - Scientific Industries Center Haifa Ltd., for the leasing and construction of a new GMP manufacturing facility. The new facility will be located near the Company's headquarters and existing facilities in MATAM Park, Haifa, Israel. According to the agreement, the lease of the new facility is expected to commence in January 2012 for a period of approximately 5 years with an option to extend the lease for an additional 5 year period.
The Company has issued an additional bank guarantee in favor of MTM in the amount of approximately $263.

 
c.
In December 9, 2011, the Company has entered into an agreement with Aseptic Technologies for the rental of a machine. The Company has issued an additional bank guarantee in favor Aseptic Technologies in amount of approximately $81.