KOREA-ISRAEL INDUSTRIAL R&D FOUNDATION

Success Stories

ProjectMobile-enabled Blood Glucose Monitor

AllMedicus GlucoMe
- Duration
  - 2014.5 - 2015.10
- Background
  - With a collaboration offer from Dov Moran, owner of GlucoMe and USB inventor, agreed to develop a new concept of blood glucose meter that combines GlucoMe's wireless transmission technology with AllMedicus's blood glucose technology.
Details

Developed a brand new blood glucose meter that can be linked to a real-time smartphone by applying audio-based signal technology. Development of high quality products that meet enhanced standards (ISO 15197:2013) using gold electrodes and FAD-GDH enzymes.

Blood Glucose Meter
Developed by This Project

Performances

Entered overseas markets by obtaining CE (Conformity to Europe) Succeeded commercialization after completion of the task, and export amount grew 70 times in 4 years.
ProjectPreclinical & Clinical Development of AIP Cell Therapy Product in Korea

CureTherapeutics Orgenesis
- Duration
  - 2016.06 - 2021.5
- Background
  - In line with Orgenesis’s needs to commercialize the original technology for insulin-producing cells and CureTherapeutics’needs to discover stem cell and regenerative medical treatment technology,CureTherapeutics applied Israel's Orgenesis technology in Korea and commercialized it.
Details

Development of Adenovirus Vector Mass Production Process and Optimization of Production Technology Optimization of Cell Therapy Transplant Technology and Immunogenicity Test Development of GLP-level nude rat models.

Development of
Diabetes Medication

Performances

Received investment worth $20M from U.S. Orgenesis the parent company of Orgenesis Israel Signed a CDMO joint business contract to provide process development and mass production services for cell and gene therapy With Orgenesis and MaStherCell of Belgium (’16.3) Agreed to establish a joint venture with investments of more than $10 million from each company(’20.12).
ProjectMultilingual NLP for Financial Knowledge Graphs

Wisenut Basis Technology
- Duration
  - 2019.1 - 2011.12
- Background
  - The two companies began exchanging in 2001, and have several experiences such as including Basis' multilingual processing solution in Wisenut's search engine and text analyzer. Since then, Wisenut has been invited to international events held by Basis to engage in business and technical exchanges.
Details
- Developed a machine learning-based sentence separation algorithm and advanced a pattern-based sentence separation algorithm by purchasing about 100,000 articles of news data
- Added domain user dictionary and upgraded the Korean morpheme analyzer
SA-Encoder
Structure
Performances
- Succeeded commercialization by conducting a project to update the science and technology terminology dictionary of The Defense Technology Quality Institute in April 21
- Achieved in applying language technology to language portal analysis of LG U+
ProjectDevelopment of IoT-based Real-time Safety & Water Intelligence Delivery System

Corners Woosh Water Systems
- Duration
  - 2015.10 - 2019.10
- Background
  - In 2014, both companies signed a partnership in Barcelona Smart City Expo, and after conducting technical and business review of their technology for about a year, they decided to develop it through the KORIL Fund.
Details
- Systematized Standard Operation Procedure
- Developed water quality measurement information reception system and data processing base system
- Provided disaster response information by situation and location to users
Water Quality
Management and Disaster
Response System
Performances
- Secured derivative technologies such as real-time disaster and terrorist response systems by utilizing core technologies of KORIL project
- Deployed the developed system in domestic government offices, companies, factories, tunnels, etc. and established branch in America in 2019 to enter overseas markets
- Won the CES 2020 Innovation Award in the U.S
ProjectDeveloment of UV curable Silicone agent and Manufacturing process of Optic Lens For Lighting

IL Science Polymer G
- Duration
  - 2019.2 - 2021.6
- Background
  - IL Science runs a silicon lens business and supplies lenses from Israeli customers. Since the manufacturing time of thermosetting resin is longer than that of thermoplastic, Polymer G and IL Science decided to secure cost competitiveness through innovative material development.
Details
- Developed transparent molds that can transmit UV wavelengths
- Inspected physical properties of silicon, developed dispersion process
- Applied lighting products reception system and data processing base system
- Developed photo initiator
UV curing agents,
manufacturing methods,
etc
Performances
- Securing technology for manufacturing optical silicon lenses using light initiators
- Compared to the thermosetting method, productivity is improved by 42% and cost is reduced by 36%
- Won Technical Certification New Excellent Technoloy (NET) (22.05)

About KORIL-RDF

Success Stories