2nd Panel, Best Practices: “IPR in Successful University-Industry Collaborations” Dr. Tamar Raz, CEO Hadasit, the Technology Transfer Company of Hadassah Medical Organization (HMO), Jerusalem Technology Transfer: Where Business Meet Science 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. 2 Technology Transfer from Israeli Academy - I Technology Transfer from Israeli Academy - II Mobileye Cherry Tomato Hybrids Pepper Hybrids Sandisk Chip Motorola Barcode Reader Polymerico Fiber Optics NDS Smart Card Hadasit Hadassah 100% Corporate Structure Established 1912 Established & Incorporated 1986 Research in Hadassah Hadassah is considered as a Center of Excellence in research 60% >2000 12 of the National Science Foundation Awards to biomedical research in Israeli hospitals Scientific publications in the past 5 years Winners of “Israel Prize” awards Policies University policies determine the way we work! • Ownership policies on inventions (may involve government policy) Israel, Patents Law, 1967 The Patents Law, 5727-1967 “Service Inventions” (Chapter VIII, Article 132) Employees’ invention belong to the Employer • Clear university policies on: – Sharing of royalties – Publication, confidentiality – Use of university resources by industry and particularly spin-outs – Right of faculty to participate in spin-out companies, consulting to industry, etc. 7 Core Expertise of Technology Transfer Organization Licensing Technology scouting Long Term IP management Commercialization Managing Relationship and Interactions with Industry Short Term Marketing and support of clinical trials and pre-clinical services Hadasit – Solid Reality and Potential upside ~ 200 ACTIVE PATENT FAMILIES Novel Therapeutics Diagnostics Medical devices >40 46% NEW ESTABLISHED COMPANIES ALREADY LICENSED The technology Transfer process Evaluation Discovery & Innovation Patenting & Marketing Strategy Business Development Follow Up on Contract Research Revenue Sharing: 40% - The inventor/s 20% - For Research 40% - The Institution Revenues Licensing Deal Models and Revenue Strategies Research and option agreements Research funds Licensing deals licensing of IP and know how to an existing company Fees and milestones payments Running royalties Equity participation New venture formation licensing of IP to a start-up company Hadasit Selected Partners Hadasit Potential Upside Product Pipeline Pre-clinical Phase I / FIM Phase II Phase III Launched Proximab Rehumatoid Arthritis Protab (HBL) ApoCell GvHD; Hematol Malign. Enlivex (HBL) THR-18 Ischemic Stroke D-Pharm (HBL) StemEx Hematological Cancers GamidaCell Doxil Cancer J&J KAHR 102 Autoimmune , Cancer KAHR (HBL) MM-II Osteoarthritis Moebius Medical MG01CI SR ADD Alcobra InsuPad™/ InsuPatch™ Improved Insulin Uptake Insuline Medical Periochip Dental Implants Dexxon OpRegen Wet AMD CellCure (HBL) Hoodia Diabetes Type II PlantyLight Oral Anti-CD3 Ab NASH, HCV, Crohns NasVax 13C-Methcetin Travelan Travelers’ diarrhea Immuron KAHR 101, Autoimmune , Cancer KAHR (HBL) 13C-Octanoate 13C-Urea GI applications Exalenz IMM 124E NASH, Diabetes type II Immuron Biocompatible Implant Guided Bone Regeneration RegeneCure NiCord Autoimmune Diseases GamidaCell BL-8040 (BKT140) Hematological Cancers BiolineRx & Biokine Various Microscopes Nanoscale Imaging Nanonptics Imaging IMM 308 C. Difficile Immuron ORMD0901 Oral Exantide (GLP-1) OraMed ORMD0801 Oral Insulin- diabetes OraMed Cord Blood Preservation Various Uses MediFreeze Natural Antioxidants CNS Disorders Granalix EHD IMM 243 GI infections in HIV Immuron Bio-Therapy Wound Healing (Larva) CWT BreathID Early Hematoma Detection B.R.F. & InfraScan PET Agent for MPI Cardiovascular diagnostics Synektik Liposomal Alendronate Coronary artery stenosis BioRest pH Sensing Zonda GI Zonda Medical HT100 DMD Halo Therapeutics BreathID Liver dysfunction Exalenz BreathID H. Pylori (gastric ulc) Exalenz Drugs & Molecules Medical Devices Diagnostics & Services Hadasit Golden Nuggets Success Stories DOXIL (J&J) - Doxorubicin HCL Liposomal Injection Prof. Yechezkel Barenholz Faculty of Medicine, HUJI Prof. Alberto Gabizon Hadassah Medical Center DOXIL is used primarily to treat ovarian and breast cancer by using a lipid-based formulation that has a cancer-killing drug inside it. Product Jointly Developed by Hebrew University & Hadassah Hospital Commercialized to ALZA – Bought By J&J Worldwide sales of DOXIL in 2013 were about US$600 M, with US$250 M coming from the US market. Prof. Yaron Ilan Immuron’s Chief Medical Officer Immuron Ltd is a publicly listed Australian biopharmaceutical company focused on oral immunotherapy using dairy-derived antibody products for humans. Travelan® is a natural product which is specifically designed to prevent Travellers’ Diarrhea. IMM-124E is a natural product for the treatment of Fatty Liver and NASH. Currently in phase II clinical trials. Hadassah serves as Immuron’s clinical trials site and carried out Immuron’s first successful proof of concept Business Strategy and Main Challenges Business Strategy - Key Points Excel in technology transfer by: Increasing the number and quality of available IP Sophisticated and state of the art license deals Develop partnerships between Hadassah inventors and the business community by: Providing sponsored research opportunities and services to the industrial community Main challenges Bridge the development gap – support new opportunities Active scouting / managing relationship with faculty staff Finding the right partners Thank you. For further information please contact rtamar@hadassah.org.il