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Nov. 25, 2012
Corindus Inc.
  Graduated from: TEIC Incubator     Company Stage: R&D        Established: 2002
 Corindus is a global technology leader in robotic-assisted percutaneous coronary
 interventions. The company’s CorPath[R] 200 System offers interventional cardiologists
 complete PCI procedure control from an interventional cockpit. The CorPath open-platform
 technology and intellectual property will enable Corindus to address other segments of the
 vascular market, including peripheral, neuro and structural heart applications.
 Technology
 Vascular Robotics.
 The proprietary technology utilizes physician fluoroscopic control similar to routine practice to
 allow maneuvering and torquing of cath lab devices. Initial clinical trials have demonstrated
 CorPath’s safety and efficacy. Unique to CorPath(TM) is the simplicity of integration into
 existing cath lab systems.
 Product Phase
 CorPath Clinical Trials

 2012 - FDA clearance for the CorPath System

 Researcher: Prof. Rafael Beyar
www.corindus.com
Regentis Biomaterials
 Regentis Biomaterials is a tissue repair company that is developing and commercializing
 innovative biodegradable hydrogels for the local repair of damaged cartilage and bone. The
 platform technology is a family of hydrogels called Gelrin™. These gels can be injected or
 applied to a specific local site and offer beneficial properties for the local repair of damaged
 tissue such as cartilage and bone.

The Gelrin™ technology offers off-the-shelf products that are
designed to be suitable for both open surgery and minimally
invasive procedures. An ideal solution for physicians and their
patients, the products are easy to implant and have been shown
to stimulate the regeneration of healthy cartilage and bone
tissue.


http://www.regentis.co.il
Invision Biometrics
From: Calcalist, Oct. 30, 2011:

“Intel negotiates $50M acquisition of Invision Biometrics
Chip giant Intel aims to take Israel's Invision onboard in bid to take on Microsoft's; Invision
investors expected to gain 20 times their original input
Invision Biometrics, is a developer of 3D sensor PCBs which detect face and body movement
and translate them into on-screen game moves.“


http://www.ynetnews.com/articles/0,7340,L-4141247,00.html



Researcher: Prof. Ron Kimmel
Azilect/Agilect (Rasagiline)

                     An anti-Parkinson's disease drug
Developed by Teva Pharmaceuticals in cooperation with Prof. Moussa Youdim and
Prof. John Finberg
Parkinson’s disease is a progressive condition that involves a gradual loss of nerve
cell function in the brain. The nerve cells that are specifically affected are those
that control body movement
~ 4 million people worldwide suffer from Parkinson's disease; it affects
approximately 2-4% of the population over the age of 60, 1-2% in the general
population
Agilect®/Azilect®- Azilect® was launched in Israel in March 2005
Technology Transfer Issues



 How is it done at the Technion?

 Can we do it better?

 How lucrative is technology Transfer?

 Why do technology transfer?
Intellectual Property




                                      Spin off
Licensing
                 Dilution            Companies




                                    1st round investment


                                    2nd round investment


                                    3rd round investment
Internal Sources for Advancement of IP



 Previously, about $600K per year

 Then, a “dry period”

 Currently, new funding is available

 The Kamin Program
AMIT

Alfred Mann Institute for Biomedical Development at the Technion
Currently runs 4 projects:
   A biomimetic surgical tissue adhesive, entered
    Clinical Trials in October
   A innovative device for Glaucoma surgeries
   Stem Cells; suspension culture enabling platform for
    large scale expansion of human pluripotent stem
    cells

An experimental drug:
   An anti-cancer compound, targeting cancer cells by
    a unique mechanism
    ~$25M over 2007-2012
    $4.25 committed for 2013
AMIT Spinoff: Sealantis

Biomimetic adhesives for medical applications:
The remarkable ability of algae to attach to wet solid
Surface  finding a material that will have similar
capabilities yet its commercial roduction will not rely on
extracting natural materials.


Compounds were mainly selected due to their
chemical similarity to the components of the natural
algae glue.
Prof. oded shmueli

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Prof. oded shmueli

  • 2. Corindus Inc. Graduated from: TEIC Incubator Company Stage: R&D Established: 2002 Corindus is a global technology leader in robotic-assisted percutaneous coronary interventions. The company’s CorPath[R] 200 System offers interventional cardiologists complete PCI procedure control from an interventional cockpit. The CorPath open-platform technology and intellectual property will enable Corindus to address other segments of the vascular market, including peripheral, neuro and structural heart applications. Technology Vascular Robotics. The proprietary technology utilizes physician fluoroscopic control similar to routine practice to allow maneuvering and torquing of cath lab devices. Initial clinical trials have demonstrated CorPath’s safety and efficacy. Unique to CorPath(TM) is the simplicity of integration into existing cath lab systems. Product Phase CorPath Clinical Trials 2012 - FDA clearance for the CorPath System Researcher: Prof. Rafael Beyar www.corindus.com
  • 3. Regentis Biomaterials Regentis Biomaterials is a tissue repair company that is developing and commercializing innovative biodegradable hydrogels for the local repair of damaged cartilage and bone. The platform technology is a family of hydrogels called Gelrin™. These gels can be injected or applied to a specific local site and offer beneficial properties for the local repair of damaged tissue such as cartilage and bone. The Gelrin™ technology offers off-the-shelf products that are designed to be suitable for both open surgery and minimally invasive procedures. An ideal solution for physicians and their patients, the products are easy to implant and have been shown to stimulate the regeneration of healthy cartilage and bone tissue. http://www.regentis.co.il
  • 4. Invision Biometrics From: Calcalist, Oct. 30, 2011: “Intel negotiates $50M acquisition of Invision Biometrics Chip giant Intel aims to take Israel's Invision onboard in bid to take on Microsoft's; Invision investors expected to gain 20 times their original input Invision Biometrics, is a developer of 3D sensor PCBs which detect face and body movement and translate them into on-screen game moves.“ http://www.ynetnews.com/articles/0,7340,L-4141247,00.html Researcher: Prof. Ron Kimmel
  • 5. Azilect/Agilect (Rasagiline) An anti-Parkinson's disease drug Developed by Teva Pharmaceuticals in cooperation with Prof. Moussa Youdim and Prof. John Finberg Parkinson’s disease is a progressive condition that involves a gradual loss of nerve cell function in the brain. The nerve cells that are specifically affected are those that control body movement ~ 4 million people worldwide suffer from Parkinson's disease; it affects approximately 2-4% of the population over the age of 60, 1-2% in the general population Agilect®/Azilect®- Azilect® was launched in Israel in March 2005
  • 6. Technology Transfer Issues  How is it done at the Technion?  Can we do it better?  How lucrative is technology Transfer?  Why do technology transfer?
  • 7. Intellectual Property Spin off Licensing Dilution Companies 1st round investment 2nd round investment 3rd round investment
  • 8. Internal Sources for Advancement of IP  Previously, about $600K per year  Then, a “dry period”  Currently, new funding is available  The Kamin Program
  • 9. AMIT Alfred Mann Institute for Biomedical Development at the Technion Currently runs 4 projects:  A biomimetic surgical tissue adhesive, entered Clinical Trials in October  A innovative device for Glaucoma surgeries  Stem Cells; suspension culture enabling platform for large scale expansion of human pluripotent stem cells An experimental drug:  An anti-cancer compound, targeting cancer cells by a unique mechanism ~$25M over 2007-2012 $4.25 committed for 2013
  • 10. AMIT Spinoff: Sealantis Biomimetic adhesives for medical applications: The remarkable ability of algae to attach to wet solid Surface  finding a material that will have similar capabilities yet its commercial roduction will not rely on extracting natural materials. Compounds were mainly selected due to their chemical similarity to the components of the natural algae glue.