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Exhibit 1.1

[AMENDED AND RESTATED VERSION]

September 19, 2006

THE COMPANIES ORDINANCECOMPANY LIMITED BY SHARES

MEMORANDUM OF
ASSOCIATION

Of

# Tikcro Technologies
Ltd.

|1. | The
name of the Company is: Tikcro Technologies Ltd.
|-- | ----------------------------------------------------

|2. | The
objects for which the Company is established are:
|-- | -----------------------------------------------------

| | (a) | (i) | To engage in the activity or business of developing, manufacturing,
                    producing, processing, vending, purchasing, licensing (as licensor or
licensee),                     leasing (as lessor or lessee), importing, exporting,
supplying, distributing,                     acting as agent for or dealer in, or
otherwise handling or dealing in any                     products, materials, goods,
wares, merchandise and movable property of every                     kind and
description, and to engage in the activity or business of furnishing,
                    supplying, buying, selling, promoting, leasing (as lessor or lessee),
licensing                     (as licensor or licensee), importing, exporting,
distributing, acting as agent                     for or dealer in, or otherwise handling
or dealing in, any service.
| | --- | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | To
acquire, create, form, operate, encourage or otherwise promote or manage any
                    kind of enterprise.
| | ---- | -----------------------------------------------------------------------------------------------------------------------

| | (b) | To
engage, directly or indirectly, in any lawful undertaking or business
               whatsoever, mercantile, manufacturing or otherwise, in which it is lawful
for a                company to engage, or in which it would be lawful for an individual
to engage,                and to have and exercise all powers conferred by the State of
Israel on                companies organized for profit under the companies laws of the
State of Israel.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | To
hold lands generally, purchase, take on lease or exchange or acquire with or
               without consideration any rights or interests in land, buildings,
structures or                plantations of any type or description whatsoever, to erect,
construct, improve,                repair, furnish, enlarge, alter or demolish any
building or structure, sell,                lease, exchange, mortgage or otherwise
dispose of, with or without                consideration, and generally to deal in lands,
buildings, structures and                plantations upon such terms and conditions as
the Company may deem fit.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | (d) | To
form, promote, organize and assist or aid in forming, promoting or organizing
               of companies, syndicates or partnerships of all kinds for the purpose of
               acquiring and undertaking any property and liabilities of the Company and
of                advancing, directly or indirectly, the attainment of any of the objects
thereof,                or for any other purpose which the Company may think expedient,
and to take or                otherwise acquire, hold and dispose of shares, debentures
and other securities                in or of any such company and to subsidize or
otherwise assist any such company.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | To
apply for, obtain, acquire, hold maintain, exploit and sell and transfer
               permits, licenses, leases and other rights and interests of any kind which
               entitle, permit or enable the Company to engage in any business or
activity                which the Company is authorized to engage in.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (f) | To
carry on the business of owners, managers and operators of hotels, rest
               houses and recreation houses, cafes, pension houses, clubs, restaurants
and                bars.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (g) | To
apply for, purchase or otherwise acquire and obtain, whether in Israel or
               abroad, any patents, patent rights, brevets dInvention, licenses,
               protections and concessions and any rights of use or exploitation thereof
               thereunder (hereinafter collectively referred to as patent rights)
               which, in the opinion of the Company, may appear likely to be advantageous
to                the company and to protect, prolong and renew the same, and also to use
patent                rights, to work in accordance therewith, to exploit and derive any
benefit from                the same, to enter into agreements and do all acts regarding
the use or                exploitation or derivation of any benefit whatsoever from
patent rights, and to                sell or otherwise transfer patent rights, and to
grant licenses and privileges                in respect of the same.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (h) | To
enter into any arrangements with the State of Israel, or with any other state
               or with any government or authority, whether supreme, municipal, local or
               otherwise, which may seem conducive to the Companys objects or any
of them                and to obtain from any such state, government or authority any
concessions,                grants, rights or privileges whatsoever as the Company may
think fit or which                seem to the Company capable of being turned to account,
and to comply with,                work, develop, carry out, exercise and turn to account
any such arrangements,                concessions, grants, rights or privileges.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i) | To
enter into any partnership or arrangement in the nature of a partnership,
               cooperation or union of interests with any company or person engaged or
               interested or about to become engaged or interested in the establishment,
               carrying on or conduct of any business or enterprise which the Company is
               authorized to establish, carry on or conduct, or from which the Company
would or                might derive any benefit, whether direct or indirect, and to
subsidize or aid                any company or person whatsoever.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (j) | To
borrow and raise monies and secure the repayment thereof in the manner and on
               the terms as the Company may deem advisable, and particularly by the issue
of                debentures, debenture stock, bonds, obligations, mortgages and
securities of all                kinds and for that purpose to mortgage and charge in any
manner whatsoever the                Companys property, in whole or in part,
present and future, whether                movable or immovable, including its uncalled
capital and any specific property                and any of the rights of the Company.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (k) | To
lend monies and to grant credits to any person in such manner and upon such
               conditions as the Company may deem expedient and to receive from those to
whom                the Company shall lend monies or grant credit or for whom the Company
shall give                guarantees, all such securities as the Company may deem fit,
including                debentures, debenture stocks, bonds, obligations, mortgages on
immovables and                movable property and other pledges and charges, including
floating charges, and                to sell, transfer, assign, surrender, release or
discharge all such securities                on such terms and conditions as the Company
may deem fit.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (l) | To
guarantee for any other person the payment of monies and the performance of
               agreements, contracts and undertakings and to secure the performance of
the                guarantee by securities (as hereinbefore specified) and to redeem,
discharge and                pay off all such securities.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (m) | To
participate in the establishment, formation, management of businesses,
               concerns or transactions of any industrial enterprise and to participate
in the                supervision or control thereof and for such purpose to act as
directors or sole                director and to appoint managers, accountants or experts
or attorneys and to                remunerate them for their work.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (n) | To
engage in the management of or consulting to businesses, transactions and
               ventures, whether commercial or otherwise, connected with the business of
the                Company or incidental thereto.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (o) | To
undertake and engage in the business of agents and representatives and to
               receive monies, securities, assets and chattels of any kind for transfer,
               safeguarding or dealing as the Company will deem conducive to its
principal                objects, either with or without consideration and in any manner
whatsoever.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (p) | To
establish any trust for the issue, with preferred, deferred or other rights,
               of stock and securities or certificates or other documents based on or
               representing shares, stock or other assets allocated for the objects of
any such                trust, and to determine, arrange and, if the Company shall think
fit, to                undertake and to execute any such trust, and to issue, hold or
transfer to                others any stock, securities and certificates or other
documents conferring                preferred, deferred or other rights as aforesaid.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (q) | To
act as trustee by virtue of any document creating or securing debentures,
               debenture stock, obligations or other securities and to undertake and
execute                any trust duties and to undertake to perform the duties of
directors, receivers,                treasurers, custodians and trust company and to act
in any such capacity.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (r) | To
undertake and perform the duties of trusteeships, the implementation of which
               may be desirable, whether for reward or otherwise.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------

| | (s) | To
appoint any company or person as trustees for the holding of securities for
               the Company and for the protection of its interests.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------

| | (t) | To
hold on behalf of others any property which the Company is entitled to
               acquire.
| | --- | -------------------------------------------------------------------------------------------------

| | (u) | In
connection with the principal objects of the Company or in relation thereto,
               to purchase or otherwise acquire and undertake whether as a going concern
or                otherwise, any business of any person or company or any property,
assets,                goodwill, rights and liabilities of the proprietors of that
business, whether                connected with or incidental to such business.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (v) | To amalgamate or merge with any company and to do all acts and things (whether
               by the formation of companies or otherwise) required or conducive to the
               amalgamation or merger of the activities of any companies, concerns, firms or
               industries of all kinds, and to establish concerns for the sale of their
               products.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (w) | To engage in the exploration and the exploitation of natural resources,
               including minerals, underground strata, subsea water, seas, lakes, rivers,
               brooks, wells, springs, pools, whether stagnant or running.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (x) | To deal in metals, salts, acids, alkalines and other chemicals, basic or
               compound, rubber, precious stones and pearls, electricity, electrical works,
               radio, leather, paper, glass, wood, stone, minerals, building materials of all
               kinds and raw materials of all kinds.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (y) | To deal in and grow plants, wild, cultivated and others, fruits and vegetables,
               animals of all descriptions, and in all kinds of food stuffs.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (z) | To carry on commercial and industrial agencies of all branches and kinds.
| | --- | -------------------------------------------------------------------------

| | (aa) | To carry on the business of transportation of any kind by land, sea and air.
| | ---- | ----------------------------------------------------------------------------

| | (bb) | To engage in industry and manufacture, build, erect, extend, improve, maintain
               and supervise, control and manage factories and workshops, laboratories and
               installations and to engage in research and experiments for the advancement of
               science and to deal in products of any kind.
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (cc) | To build, construct, erect, expand, improve, develop, supervise or maintain
               stores, garages, workshops, works for the supply of light and heat, water works,
               shops, hotels, clubs, places of worship, reading rooms, restaurants, baths,
               bathing beaches, places of entertainment, parks, dwelling houses and other
               buildings and all constructions and other conveniences which the Company may
               think useful or necessary.
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (dd) | To engage in all scientific, technical and other research and experiments,
               including such research and experiment for the purpose of improving or seeking
               to improve any inventions and patent rights which the Company shall be entitled
               to, or shall acquire or propose to acquire.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ee) | To sell or otherwise liquidate the property or any investment of the Company.
| | ---- | -----------------------------------------------------------------------------

| | (ff) | To insure the Company, its property, installations, undertakings, business and
               operations, in whole or in part, against all damage, loss, risk or liability.
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (gg) | To provide for the welfare of employees or ex-employees of the Company and of
               their wives, families, relatives or dependents by building or contributing to
               the building of houses or flats or by grant of pensions, allowances, bonus or
               other payments or by creating, subscribing or contributing to provident funds,
               associations, institutions, funds or trusts or by establishing or subscribing or
               contributing towards places of instruction or rest, hospitals, dispensaries or
               by giving medical or other attendance or in any other manner as the Company
               shall think fit.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (hh) | To invest and deal with the monies of the Company not immediately required for
               the business of the Company in such manner as the Company may from time to time
               determine.
| | ---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | To sell, lease, mortgage, abandon or otherwise transfer the Companys
               undertaking, in whole or in part, for such consideration as the Company may deem
               fit, and in particular in consideration for shares, debentures or securities of
               any company having objects wholly or partly similar to those of the Company.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (jj) | To distribute among its members in specie or kind the property or assets of the
               Company in whole or in part, or any proceeds of sale or disposal of any property
               or assets of the Company, but so that no distribution amounting to a reduction
               of capital shall be made except with the sanction required by law.
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (kk) | To cause and procure the registration or recognition of the Company in, or under
               the laws of, any country or place in the world, to obtain and cause the enacting
               of any law, enactment, ordinance or administrative or judicial order or
               otherwise in Israel or any other country or place in the world in order to
               enable the Company to attain its objects and to take all such steps as may be
               necessary for the grant to the Company of rights and privileges in any part of
               the world.
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (ll) | To engage in investment, subscription for purchase, purchase (including purchase
               by exchange) and holding of shares, stock, debentures, debenture stock,
               obligations, bonds and any securities issued or prepared in Israel or abroad by
               any Company, whether established in Israel or abroad and whether it engages in
               business in Israel or not, and to do the same by preliminary subscription for
               purchase, participation in syndicates, offer, purchase, exchange or otherwise,
               to guarantee subscription for purchase as aforesaid, to utilize and pursue all
               rights and powers conferred by virtue of the ownership thereof or incidental
               thereto and to purchase or otherwise acquire any hold shares, debentures,
               obligations, bonds or securities of any other kind, issued in Israel or abroad.
| | ---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (mm) | To acquire in any manner movables or all kinds of rights or concessions which
               the Company may deem beneficial or advantageous for the objects of its business
               or for any other object and to sell, charge, give on lease or otherwise transfer
               such property and rights.
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (nn) | To do in Israel as well as in any country or place in the world all acts and
               things which the Company is entitled - by virtue of law or of this
               Memorandum of Association to do in Israel, and to do all or any of the above
               acts or things as may appear to the Company conductive, useful or incidental to
               the attainment of the objects set out in this Memorandum either as principal,
               agent, trustee, contractor or otherwise and either alone or in conjunction with
               others.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (oo) | In connection with the objects of the Company to enter into all contracts and
               agreements and to sign all deeds, documents and instruments.
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

| | And
it is hereby agreed that in this Memorandum of Association the following expressions shall
have the following meanings:
| | ---------------------------------------------------------------------------------------------------------------------------

| | Person
includes, save where this expression relates to this Company, any company, co-operative
society, partnership, any other corporation, body politic or public or other juristic
person or body of person whether incorporated or unincorporated.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | To
deal in  to carry on the business of  to engage
in - to do - to act - include to deal in and
to do by way of promoting, founding, establishing, holding, carrying on, assisting,
managing, developing, improving, advancing, producing, renewing, dealing in, quarrying,
mining, pumping, producing, exploring, owning, taking on lease, giving on lease, hiring,
letting, purchasing, selling, exchanging, participating, partitioning, encumbering,
accepting encumbrances, accepting rights or benefits, granting rights or benefits,
trading, supplying, marketing, carrying, importing, acting as commission agents and in any
other way whatsoever.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Property
 includes immovables and movables, rights, interests and privileges of any kind
whatsoever, choses in possession or in action, permits, licenses, leases and concessions
whether in existence or future, goodwill and the right to use the same. AND it is hereby
agreed and declared that, save where otherwise expressly provided, each of the objects and
powers set out in each of the paragraphs of this Clause, expressly or impliedly, is an
independent main object and shall in no ways be limited or restricted by reference to or
inference from any of the other paragraphs of this Clause or the name of the Company.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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|3. | The
liability of the members is limited.
|-- | ----------------------------------------

|4. | The
share capital of the Company is 16,666,667 Ordinary Shares of no nominal           value.
|-- | ---------------------------------------------------------------------------------------------

The rights and classes of the shares
shall be set out in the Articles of Association of the Company as in force from time to
time.

WE, the several persons, whose names
and addresses are subscribed, are desirous of being formed into a Company in pursuance of
this Memorandum of Association, and we respectively agree to take the number of shares in
the capital of the Company set opposite our respective names.

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# SUBSCRIBERS

|1. | G.L.E.
Trust Services Ltd. - 99 Ordinary Shares2 Ibn Gvirol St., Tel Aviv 64077 Israel
Trust Company
|-- | ----------------------------------------------------------------------------------------------------

| | By: /s/ Yehuda M. Levy, Authorized Signatory
Witness to signature: /s/ Noam Peskin
| | ----------------------------------------------------------------------------------

|2. | G.L.E.
Trust Assets Ltd. - 1 Ordinary Share
2 Ibn Gvirol St., Tel Aviv 64077 Israel
Trust Company
|-- | -------------------------------------------------------------------------------------------------

| | By: /s/ Yehuda M. Levy, Authorized Signatory
Witness to signature: /s/ Noam Peskin
| | ----------------------------------------------------------------------------------

December 12, 1999

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