Israeli Defence Minister Naftali Bennett said that scientists of main biological research institute have made a "significant breakthrough" in developing an antibody to the novel coronavirus.
"I am proud of the institute staff for this terrific breakthrough," Bennett said.
Bennett added, "Their creativity and the Jewish mind brought about this amazing achievement".
The vaccine works on neutralisation. The antibody works on immune response and attacks the virus when exposed to it.
Sources claim, the antibody's development had been completed is working on the process of patenting the research.
Soon, the researchers will approach international companies for production of the antibody on a commercial scale.