Hebrew University Jerusalem’s Yissum is tuning up an extension of its overseas commercialisation activities in the US, South America and China.

Yissum, the tech transfer company of Hebrew University of Jerusalem (HUJ), yesterday announced its participation in three international collaboration hubs to help drive the commercialisation of its technologies in the US, South America and China. Yissum has joined the University of Illinois System-led Discovery Partners Institute to facilitate an agreement between HUJ and Illinois that will target innovation through academic-industry cooperation in fields including entrepreneurship, biosciences, computer science, food and agtech. The company has also formed new hubs in Asunción, Paraguay with HC Innovation, and Shenzhen, China with China Israel Innovation Center, to guide its innovation and commercialisation strategy in South America and China respectively. China Israel Innovation Center is affiliated with the China-based Tsinghua University and is intended to support links between the Chinese and Israeli entrepreneurial ecosystems, while HC Innovations is a newly-established subsidiary of diversified Paraguay-headquartered conglomerate Grupo Cartes. Yaron Daniely, chief executive and president of Yissum, said: “With these new international centres of innovation and commercialisation, Yissum is taking proactive steps to adapt early-stage technologies and companies to local markets abroad. “Yissum is focused on bringing the best of Hebrew University innovation to the global markets where they are most needed and valued.  We are working with local partners and investors to recognise specific regional and national needs, so that we ensure successful commercialisation.”

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