technology transfer the secret engine behind israeli success

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Technology Transfer: The Secret Engine Behind Israel’s Success Yaacov Michlin, CEO

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Page 1: Technology transfer the secret engine behind israeli success

Technology Transfer: The Secret Engine Behind Israel’s Success Yaacov Michlin, CEO

Page 2: Technology transfer the secret engine behind israeli success

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Technology Transfer: The Secret Engine Behind Israel’s Success

Academic innovation is at the forefront of the Israeli economy.

Israeli technology transfer companies promote the transfer of

academic-based technologies for the benefit of society and

have a direct contribution to the country’s industrial and

scientific success.

Page 3: Technology transfer the secret engine behind israeli success

Without Technology Transfer We Would Not Have:

Page 4: Technology transfer the secret engine behind israeli success

Without Technology Transfer We Would Not Have:

Mobileye Pepper Hybrids Polymerico Fiber Optics

Cherry Tomato Hybrids

Sandisk Chip Motorola Barcode Reader

NDS Smart Card

Page 5: Technology transfer the secret engine behind israeli success

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Israeli Tech Transfer Companies

Yissum -a leading

member of the ITTN *

Commercializing Academic Intellectual Property Into Marketable Products

* By number of available technologies

Page 6: Technology transfer the secret engine behind israeli success

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Remarkable Numbers:

Each year Israeli technology transfer companies generate a total of over NIS 1 Billion in royalties.

Over NIS 100 Million are invested by industrial companies in scientific research collaborations at universities

About 150 new technologies are licensed from Israeli universities and research institutes each year

An average of 15 new companies that are based on academic inventions are started every year

Yissum (Hebrew University) and Yeda (Weizman Institute) are rated among the top 10 tech transfer companies worldwide in terms of revenues*

* AUTM survey 2010

Page 8: Technology transfer the secret engine behind israeli success

15 Public Spin-Off Companies

Page 9: Technology transfer the secret engine behind israeli success

Investment In Academic Research: Tomorrow’s New Technologies

Investment In Early Stage Research

High Risk = High Yield

Early Stage Project Funding

Long-Term Royalty-Based Funding Model

Investment in Spin Off

Companies

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Page 10: Technology transfer the secret engine behind israeli success

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Yissum: 47 Years of Transferring Technologies

Products based on Hebrew University technologies & commercialized by Yissum generate over $2 Billion in annual sales

7,077 patents

2,023 inventions

530 licenses

72 spin-offs

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Yissum In Numbers:

Yissum generates approx. $11M yearly from direct research collaborations with industrial partners.

These generate about 300 new laboratory positions every year at the Hebrew University.

60 new license agreements are signed each year with commercial partners

5 new start up companies are created each year

Page 12: Technology transfer the secret engine behind israeli success

Yissum’s Biotech Product Pipeline:

Vekacia ® (Novagali)

Cyclokat ® (Novagali)

Ladostigil (Avraham)

BC819 (Biocancell)

Anti Angiogenic (Tiltan)

MRX4 (Morria)

Acc. Levodopa (Intech)

LABR-312 ( Biorest)

CatioProst ® (Novagali)

Protexia (Pharmathene)

Apocell (Enlivex)

VaxiSome® (Nasvax)

EPOdure (Medgenics)

AB103 (Atox Bio)

Cortiject ® (Novagali)

Phase I Phase II Phase III

MRX6 (Morria)

Acc. Zalepon (Intech)

Acc. Baclofen (Intech)

PRX105 (Protalix)

Page 13: Technology transfer the secret engine behind israeli success

Bridging the Valley of Death

Academic Grants

Baby Seed Kamin/Nofar

Magneton, Incubators

Independent Companies

Extensive Long Term

Collaboration

An internal Yissum Program

Such as Roche

Funding through the OCS

The Valley of Death

Yissum’s services for the researchers – aimed at bridging the gap between

academic financing and commercialization stage

Direct investment in one of Yissum’s 45 spin off companies

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Yissumiot

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Among the world’s top 10 techtransfer companies

Over 50 years of best practices intechnology transfer

Immediate and long-term benefit for the Israeli economy

Bridging the gap between academia and industry is our challenge and virtue

Invest In Academic Research- Invest in Israel’s Future

Page 15: Technology transfer the secret engine behind israeli success

Yaacov Michlin

[email protected]

Thank you