T3 Technion Technology Transfer

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T3 is staffed by an 11-member team whose focus is to commercialize new ideas in science and technology from Technion in Israel, by finding investors and entrepreneurs to develop commercial applications. This includes licensing intellectual property and the establishment of start-up companies. The team has been described as "the private sector's gateway to Technion innovation".{{cite web|url=http://www.wa-israel.biz/content.asp?contentid=31 |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20120425045904/http://www.wa-israel.biz/content.asp?contentid=31 |archivedate=April 25, 2012 |title=Washington Israel Business Council (WIBC) | (206) 219-3770 | info@wa-israel.biz }}

The name T3 was taken to represent the three 'T's' in the name Technion Technology Transfer, and to indicate that scientific breakthrough is taken to another dimension (cubed) when developed and applied as solutions in the real world.{{cite web|url=http://www.focus.technion.ac.il/Nov08/technologyTransferStory1.htm |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110816221925/http://www.focus.technion.ac.il/Nov08/technologyTransferStory1.htm |archivedate=August 16, 2011 |title=Focus | Technion - Israel Institute of Technology }}

Since 2005, the unit has been managed by Benjamin Soffer, a lawyer who has served on the board of directors of companies including Genegraft, SLP Ltd, Regentis Biomaterials, EORD, Guide-X and Slender Medical. Soffer was special advisor to Israel's Chief Scientist at the Israeli Ministry of Industry and Trade.{{cite web|url=http://silicomventures.com/israel-08/speakers.htm |title=Speakers and Panelists |website=Silicomventures.com |date=2001-09-11 |accessdate=2015-12-09}}

T3's strategy is to escort Technion technologies from the initial point of discovery, through the process of development and licensing, to the formation of ventures with industry. Commercialization strategies are tailored to the requirements of each venture, in order to enhance the market value and performance of Technion discoveries and increase their success in the global marketplace.Hi-Technion היטכניון: 2010 issue No. 4567 (Hebrew - print version.) This includes:

• Analysis of new inventions and concepts developed at the Technion
• Licensing technologies developed at the Technion
• Incorporation of spin-off companies based on Technion IP
• Participation in the board of directors of affiliated companies
• Negotiation and approval of the IP and business aspects of agreements with industry{{cite web |url=http://t3.technion.ac.il/overview.php |title=Overview | T³ - Technion Technology Transfer |website=T3.technion.ac.il |date= |accessdate=2015-12-09 |archive-url=https://web.archive.org/web/20120930064047/http://t3.technion.ac.il/overview.php |archive-date=2012-09-30 |url-status=dead }}

Rasagiline is a drug to treat Parkinson's disease discovered by{{cite web |url=http://www.emetprize.org/english/Product.aspx?Product=106&Year=2010 |title=Prof. Moussa Youdim |website=www.emetprize.org |access-date=17 January 2022 |archive-url=https://web.archive.org/web/20120403102059/http://www.emetprize.org/english/Product.aspx?Product=106&Year=2010 |archive-date=3 April 2012 |url-status=usurped}} Prof. Moussa B.H. Youdim of Technion and John Finberg. It was developed in collaboration with Teva Pharmaceuticals Ltd, in Israel. Having won U.S. Food and Drug Administration approval, the drug is now marketed worldwide as Azilect.{{cite web|url=https://www.youtube.com/watch?v=GIW19gEfZpo |title=Prof. Moussa Youdim - Neurodegenerative Disease Therapies Parkinson's Alzheimer's |publisher=YouTube |date=2010-06-07 |accessdate=2015-12-09}}{{cite journal|title=Special Issue Dedicated to Dr. Moussa Youdim |date=2007-06-27 |doi=10.1007/s11064-007-9411-0 |volume=32 |issue=10 |journal=Neurochemical Research |pages=1623–1624|s2cid=39848832 }}

• Mazor Surgical Technologies: Mazor has pioneered the development of miniature, semi robotic bone-mounted positioning systems for a range of orthopedic procedures.
• Biosense Inc.: A company that developed a 3-D cardiac mapping and navigation technology.
• FineTech: offering sophisticated chemical products and services to the pharmaceutical industry.
• Regents Biomaterials Ltd: a medical material development company involved in the cartilage repair market.
• Corindus Ltd: a company providing robotic technologies for catheterizing laboratories and radiology/special procedure suites.
• Pluristem Therapeutics: developer of human placental adherent stromal cells for commercial use in disease treatment.

• Novel hypergolic fuel{{cite web|url=http://www.ittn.org.il/technology.php?cat=0&Technion&tech_id=CHM-1129_Technion |title=Israel Tech Transfer Organization :: Technology Opportunities |publisher=ITTN |date= |accessdate=2015-12-09}}
• Source of intense coherent high-frequency radiation
• Three-dimensional video scanner{{cite web|url=http://www.ittn.org.il/technology.php?cat=0&Technion&tech_id=COM-0696_Technion |title=Israel Tech Transfer Organization :: Technology Opportunities |publisher=ITTN |date= |accessdate=2015-12-09}}
• Highly sensitive, real-time structural monitoring{{cite web|url=http://www.ittn.org.il/technology.php?cat=0&Technion&tech_id=MAE-0862_Technion |title=Israel Tech Transfer Organization :: Technology Opportunities |publisher=ITTN |date= |accessdate=2015-12-09}}
• Compact direction finding antenna{{cite web|url=http://www.ittn.org.il/technology.php?cat=0&Technion&tech_id=COM-1181_Technion |title=Israel Tech Transfer Organization :: Technology Opportunities |publisher=ITTN |date= |accessdate=2015-12-09}}
• Silicon air batteries{{cite web |title=T3 Book of big Ideas |date=2011 |url=http://t3.technion.ac.il/docs/T3-Big_ideas_Brochure_2011.pdf |accessdate=2023-05-25 |lang=en |archiveurl=https://web.archive.org/web/20111203012541/http://t3.technion.ac.il/docs/T3-Big_ideas_Brochure_2011.pdf |archivedate=December 3, 2011 }}
• GeomCore - outstanding 3D graphics
• Adaptive queue management (software and algorithms)
• Tandem eletrocyte fuel cell
• Learning control scheme for hybrid vehicles

The unit runs an Entrepreneur In Residence program, in which global entrepreneurs are recruited and are given the chance to license new Technion technologies. The program normally requires a minimal amount of equity and the presentation of a business plan. As part of its effort to attract entrepreneurs, the group uses its network of venture capitalists, Incubators, head-hunting firms and service providers.{{cite web|url=http://t3.technion.ac.il/enterpreneur.php |accessdate=December 7, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20100613235822/http://www.t3.technion.ac.il/enterpreneur.php |archivedate=June 13, 2010 |title=T³ - Technion Technology Transfer }}

One challenge in technology transfer is the gap between early research products, and the level of evidence investors need to support further research. The Technion's internal applicable research funds are aimed at bridging this gap by taking promising projects beyond the proof of concept stage.{{cite web |url=http://www.technion.ac.il/~research/all.htm |title=Funding Resources - Full list |website=Technion.ac.il |date= |accessdate=2015-12-09 |archive-url=https://web.archive.org/web/20131011001643/http://www.technion.ac.il/~research/all.htm |archive-date=2013-10-11 |url-status=dead }}

The Technion awards researchers, inventions, developments and publications from its scientists that have a profit potential. The goal of the award is to encourage entrepreneurship in research. The researchers are rated based on commercial applicability (such as potential market share), and technological maturity.{{cite web|url=http://www.focus.technion.ac.il/previousIssues/FocusMay05.pdf |title=Techion Focus |date=May 2005 |website=Focus.technion.ac.il |accessdate=2015-12-09}}

The American Technion Society and global Technion societies have created an international network. Many members of Technion Societies are prominent leaders in their respective fields. T3 makes every use of this international source of expertise in the service of its on-going commercialization effort.{{cite web |title=From Lab to Marketplace: The Technion's Role |date=September 15, 2011 |url=http://www.ats.org/site/DocServer/logo_final_3LabtoMarketFINALAPPROVED091511.pdf?docID=784 |accessdate=September 24, 2011 |lang=en |archiveurl=https://web.archive.org/web/20111028075212/http://www.ats.org/site/DocServer/logo_final_3LabtoMarketFINALAPPROVED091511.pdf?docID=784 |archivedate=October 28, 2011 }}

The Technion has initiated a webinar program aimed at presenting Technion innovations to an audience of investors, industry leaders, entrepreneurs, corporate executives, in-licensing officers and service providers. The purpose of this program is to increase visibility and to assist in marketing and commercialization efforts.{{cite web|url=http://t3.technion.ac.il/newsletter/IUT/ |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110825232222/http://t3.technion.ac.il/newsletter/IUT/ |archivedate=August 25, 2011 |title=Innovative Ultrasonic Technology }}{{cite web |url=http://pard.technion.ac.il/archives/FOCUS/NewsItems/NewsBriefs2007/Webinar.html |title=Technion Focus |website=pard.technion.ac.il |access-date=3 February 2022 |archive-url=https://archive.today/20120715204209/http://pard.technion.ac.il/archives/FOCUS/NewsItems/NewsBriefs2007/Webinar.html |archive-date=15 July 2012 |url-status=dead}}{{cite web|url=http://www.thewadi.com/non-invasive-cosmetic-surgical-technology-from-the-technion/ |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110619002645/http://www.thewadi.com/non-invasive-cosmetic-surgical-technology-from-the-technion/ |archivedate=June 19, 2011 |title=Non Invasive Cosmetic Surgical Technology from the Technion | the Wadi }}

Independently, T3 maintains an active presence in the social media on LinkedIN,{{cite web |url=http://www.linkedin.com/groups?home=&gid=3226500 |title=T3 -- Technion Technology Transfer | LinkedIn |website=www.linkedin.com |access-date=3 February 2022 |archive-url=https://archive.today/20120903135424/http://www.linkedin.com/groups?home=&gid=3226500 |archive-date=3 September 2012 |url-status=dead}} Facebook{{cite web|url=https://www.facebook.com/TechnionT3 |title=T3 ~ Technion Technology Transfer |publisher=Facebook |date= |accessdate=2015-12-09}} and Twitter.

This program is the result of a combined effort by the Dingman Center for Entrepreneurship at the University of Maryland, T3 and Technion's MBA program. Within this initiative, MBA students (an equal amount of Israeli and American students from Maryland University and Harvard University), collaborate on a business plan aimed at commercializing patents and technologies developed by Technion researchers.{{cite web|url=http://www.rhsmith.umd.edu/news/stories/2010/DingmanIsrael.aspx |accessdate=November 30, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110810062851/http://www.rhsmith.umd.edu/news/stories/2010/DingmanIsrael.aspx |archivedate=August 10, 2011 |title=Robert H. Smith School of Business - University of Maryland, College Park }} The course offers hands-on experience in commercialization and starting a company involving a real-life innovation. At the end of the course, students present their business plans to a group of seasoned venture capitalists and serial entrepreneurs.

The group conducts seminars and workshops to Technion faculty and graduate students dealing with different aspects of commercialization, e.g., patenting, entrepreneurship, finance, fund raising, licensing, company formation{{cite web|url=http://workshop.ee.technion.ac.il/upload/Events/Technology%20Transfer/Soffer.pdf |title=From Research to Commercialization |first=Benjamin |last=Soffer |website=Workshop.ee.technion.ac.il |accessdate=2015-12-09}}

The members of the team present in national and international conferences related to commercialization, licensing, and technology transfer. These include the Israeli, European and US Biome conferences,{{cite web |title=BioMed |date=June 15{{ndash}}17, 2009 |url=http://t3.technion.ac.il/docs/BioMed2009.pdf |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20120425045514/http://t3.technion.ac.il/docs/BioMed2009.pdf |archivedate=April 25, 2012 }} AUTM conferences,{{cite web|url=http://www.autm.net/Upcoming_Events.htm |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110930081224/http://www.autm.net/upcoming_events.htm |archivedate=September 30, 2011 |title=AUTM }} and Nanotechnology conferences.{{cite web |url=http://www2.kenes.com/nano/pages/home.aspx |title=Home |website=Kenes.com |date=2014-03-25 |accessdate=2015-12-09 |archive-url=https://web.archive.org/web/20160118183612/http://www2.kenes.com/nano/Pages/home.aspx |archive-date=2016-01-18 |url-status=dead }}

The Technion is the first university outside of the U.S. selected by Alfred E. Mann to be a part of his network of Alfred Mann Institutes (AMIs). The Alfred Mann Institute at the Technion (AMIT) was established with an endowment exceeding US$100 million.{{cite web|author= |url=http://www.mannfbe.org/foundations/ami-technion.htm |title=PINT | San Diego advanced web development |website=Mannfbe.org |date= |accessdate=2015-12-09}}

Among the patents developed by AMIT is the electronic nose to sniff out cancer, invented by Hossam Haick{{cite web|url=http://news.nationalpost.com/tag/hossam-haick/ |accessdate=October 4, 2011 |url-status=dead |archiveurl=https://archive.today/20120716185216/http://news.nationalpost.com/tag/hossam-haick/ |archivedate=July 16, 2012 |title=Hossam Haick | National Post }}

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• [https://web.archive.org/web/20110926182830/http://t3.technion.ac.il/ T3 website]

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