Yissum - Research Development Company of the Hebrew University

HIL Applied Medical Ltd.

Posted by Yissum - Research Development Company of the Hebrew UniversityResponsive · Investment Opportunities in Startups and Spinoffs · Israel

Summary of the technology

HIL Applied Medical Ltd.
Project ID : 26-2011-2565

Yissum - Research Development Company of the Hebrew University

Description of the technology

Next-Generation Accelerators for Proton Beam Radiotherapy

Investment/ Collaboration Opportunity Highlights:

  • Investment round

  • Strategic co-development opportunities

About the company

HIL Applied Medical is developing a new class of proton accelerators for cancer radiotherapy.

Proton beam therapy can help 300,000 cancer patients/year (US) - yet only 8,000 receive it (that's less than 3%). Protons are arguably the most advanced form of radiation therapy - yet there are only 10 proton-therapy centers in the US (compare with 2,700 X-Ray radiation centers).

The barrier to adoption is that proton centers are prohibitively expensive to build and operate, primarily because at their heart are accelerators that rely on technology from the 1930s and '40s.

HIL is addressing this challenge by developing ultra-compact accelerators, based on high-intensity lasers and nanotech targets. They are expected to be dramatically more compact, lightweight and affordable than current accelerators (think Mini Cooper vs. a Jumbo jet).

Thus HIL may enable the long-anticipated shift, from $200M five-room football-field-sized proton centers to $12M single-room facilities. Protons will then become a financially viable add-on (and a profit center) for any community hospital's radiation therapy department.

Our vision is to make this important treatment modality available to every patient who could benefit from it, and in doing so to unleash its full $10BB/yr market potential.

Our products

We are applying a patented laser-based approach to particle acceleration. This technological breakthrough, exclusively licensed from the Hebrew University and further developed by our team of internationally-acclaimed physicists, enables dramatic reduction the size, complexity and cost of a proton accelerator. Reduced shielding requirements also contribute to substantial reduction in facility footprint and building costs (which today account for over 25% of total facility price tag).

The unique properties of laser-accelerated proton beams allow for further savings – 10X or more – in ancillary magnetic systems used for beam shaping, focusing and delivery.

A complete single-room PT system based on HIL’s accelerator is estimated to cost $8-12M – depending on configuration (with/without gantry, etc.), vs. the competitors’ $25-40MM.

HIL has one approved US patents, and 8 additional US and international filings pending; we expect more filings in the coming years. In addition, our team has accumulated unique, specialized know-how and expertise (trade secrets).

Development Milestones

HIL has a working experimental setup and completed a proof of concept at 25% energy and dose rate. The system has recently demonstrated proton energies > 45MeV and is rapidly approaching clinically-relevant energies (60-235MeV). HIL’s proprietary smart nano-target and unique laser-target interaction geometry lead to proton energies that are consistently 10-15 times above those achieved with other investigational methods for laser-based acceleration.

Management estimates that a first full-scale Beta system could be developed, built, tested and installed at a first paying customer within 5 years.

Additional Information:

Contact details:

Shmuel Eisenmann, PhD

Founder, CEO (+) 972-52-2602128

shmulike@hilappliedmedical.com

Sagi Brink-Danan, MSc, MBA

VP, Business Development Israel: (+) 972-58-7811808

US: (+) 1-401-808-6706

sagibd@hilappliedmedical.com

Project manager

Dov Reichman
VP Business Development – Chemistry & Physics

Project researchers

Arie Zigler
HUJI, Faculty of Science
The Racah Institute of Physics

Related keywords

  • Socio-economic development models, economic aspects
  • Other (uncategorised)
  • Investment Opportunities
  • Life Science & Biotechnology
  • medical device

About Yissum - Research Development Company of the Hebrew University

Technology Transfer Office from Israel

Yissum Research Development Company of the Hebrew University of Jerusalem Ltd. Founded in 1964 to protect and commercialize the Hebrew University’s intellectual property. Ranked among the top technology transfer companies, Yissum has registered over 8,900 patents covering 2,500 inventions; has licensed out 800 technologies and has spun-off 90 companies. Products that are based on Hebrew University technologies and were commercialized by Yissum generate today over $2 Billion in annual sales.

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