Scientists at the Technion - Israel Institute of Technology - claim to have created a white wine with the beneficial effects of red wine. And, in a related study, it believes it has found that an Israeli wine has more health promoting chemicals than its French counterpart. Researchers have known for years about the link between red wine and lower cholesterol oxidation. The Technion-made white wine contains more flavonoids, the natural chemicals that counteract the damaging effects of cholesterol oxidation, according to Professor Michael Aviram, of the Technion Faculty of Medicine, who headed the research team.