Eli Opper Strategic Advisor on policy in the areas of Technology, R&D, Investments and Innovation Haifa Life Sciences Park
R&D and Innovation as a growth engine for the modern (healthcare) economy Ageing Society Innovation Day Amsterdam, June 10th 2014 Dr. Eli Opper Haifa Life Sciences Park - Strategic Advisor Technion Club 100 - Chairman “Promoting a culture of innovation”
Trends Healthcare Biomed - The over the medical economical devices , world and pharma, potential in Israel diagnostics The scientific/ Technology aspects
Tsunami And now what?
“ Heavier-than-air flying machines are impossible" Lord Kelvin, 1895
"There is no reason for any individual to have a computer in his home." Ken Olsen, Founder and CEO of Digital Equipment Corporation, 1977
“ 640 K Ought to be enough for anybody " Bill Gates, 1981
“If you want real growth, you have to have new technologies.” 9 9
Where does Israel Excel? Telecommunication Medical equipment Software Biotechnology Encryption and data security Optics Electronics Internet Agro-technology Nanotechnology Applications
National Strategy for R&D, Innovation and Ageing Scientific Infrastructure Government Support Private Financing (VC, Equity, etc..) International Cooperation Entrepreneurship Spirit
Global Network for Transfer of Knowledge
x Da Vinci - Anatomist
Expenditure on Civilian R&D as a percent of the GDP in Israel and in OECD Countries 5 4 . 5 4 3 . 6 3.4 3.2 3.2 2.7 3 2.5 2 . 3 2 . 2 2 . 1 2 . 0 2 . 0 1 . 9 1 . 8 1 2 . 6 1 . 6 1 . 6 4 1.4 1 . 4 1 . 1 . 1 1 . 0 1.0 0 . 9 0.9 1 0 . 7 0 Source: OECD and Israel CBS
Entrepreneurship & Innovation in Ageing Healthcare Medical Devices Telemedicine Biotechnology/Pharma Embryonic Stem cell(Diabetes ( Biotechnology/Diagnostic
The Opportunity – Primary Care Primary Care – Major Bottleneck (Cost & Load) OECD - ~4.2 Billion yearly PCP visits involving basic physical exam US - ~650M yearly PCP visits, costing $90 (Clinic) - $750 (ER) each Healthcare trend - Move to home based healthcare Tele-Health - fast growing segment – $14.2B in 2012 $27.3B in 2016 - Confidential -
Unique Cloud Platform Consumer Physician / Nurse Secured Cloud Service Tyto Remote Diagnosis Repository & Smart Analysis Health System EMR Visits Exams Analytics BIG Data Analysis & Self Diagnosis - Confidential -
All-in-one + Simplest consumer guiding Enable Consumer to perform the physical examination: Ease of use & simplicity Innovative Guiding - real-time movement correction feedback via 3D avatar & sound (6-DOF) ~15 cm (6 inches) - Confidential -
Core Technology & Main Advantages 1 st product allowing consumer’s physical exam Quality – Clinical grade device - HD readings, reference, 2 nd opinion Automatic guidance & navigation & reading validation (qualitative readings) Both Remote & Self examination – no clinician present Personalized - Personalized check plan - the device “knows” the patient Cloud Platform (for Consumer, Clinician / Health Org.) 1 st in market clinical data repository (personal & global) – Imaging & sound analysis Big-Data analysis, clinician decision support & Auto Diagnosis for the “worried well” (Future) Integration with Healthcare & Service provider’s systems Open & Extendable Platform – Future add-on sensors & diagnostics Strong IP – broad and deep barriers Vision – Become THE Home Primary Care Platform - Confidential -
x Da Vinci - Anatomist
GOING TO THE FUTURE 20 2023 2024 16 13 14 15 20 18 19 22 21 17
Grants by Technological Sectors - Forecast Ageing Healthcare? Electronics: Life Sciences: 15% 28% Electro-Optics: Other: 7% 5% Chemicals: Communications: 4% 33% Software: 8% Energy/Water/ High-end Environment? Industry? Bio? Nano?
Where Technology Meets Creativity
Some Dilemmas What is the role of the government? What are the preferred future sectors (if any)? Basic Research Industrial R&D (Mission-oriented Science)
Emphasizing the era of ageing population The Need The economical potential 77
What would happen in our world when Life expectancy in India will reach 80? Life expectancy in Africa will reach 80?
There is always room also for the small ones
Excellence is a Key Success Factor Thank You! 31 31
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