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Good practice Imported

Yeda R&D — Weizmann Institute's Technology Transfer Company

Israel · Rehovot · See the Israel profile · See the Rehovot profile

Evidence: Descriptive / self-reported Top 54% 67/100 · Ask Evidence Copilot about this practice

Founded in 1959-60, Yeda is the Weizmann Institute's technology-transfer company, licensing inventions such as the MS drug Copaxone to industry and sharing royalties with inventors; a 2020 deal with Deerfield committed up to $130M to further drug development.

~37,000,000,000 USD/year
Annual global licensee sales attributed to Weizmann-originated IP
2,000,000,000+ USD
Cumulative Yeda royalties (six-year period)
up to 130,000,000 USD over 10 years
Deerfield Management commitment to Orchard Innovations JV (from Jan 2020)
Yeda R&D — Weizmann Institute's Technology Transfer Company

Details

Maturity
Established
Promoter
Yeda Research and Development Co. Ltd. (Weizmann Institute of Science)
Period
1959-present
Keywords
biotech, pharma, technology transfer, IP licensing, university spin-offs

Context

Yeda Research and Development Company Ltd., founded 1959-60 as the technology-transfer arm of the Weizmann Institute of Science, is frequently described as the first university technology-transfer company in Israel and one of the first in the world; Weizmann scientists disclose inventions to Yeda, which patents and licenses them to industry, returning royalty income to inventors and reinvesting the remainder in the Institute.

Results

Licensed inventions include the multiple-sclerosis drug Copaxone (with Teva), the MS drug Rebif (with Merck Serono), and antibody technologies underlying Humira, Erbitux and Vectibix. Weizmann states products/IP from its research generate roughly $37 billion a year in global licensee sales; independent business-press coverage separately reports over $2 billion in cumulative Yeda royalties across a six-year period. In January 2020, Yeda and Deerfield Management formed Orchard Innovations LLC, with Deerfield committing up to $130 million over ten years for Weizmann drug-development projects.

Conclusions

Published patent counts vary sharply by source (roughly 500 vs. ~2,200 patent families, depending on whether the count is active or cumulative historical filings), and Yeda's own website was unreachable for direct verification during evaluation, so some figures rely on secondary business-press coverage rather than Yeda's primary disclosures.

Implementation

Indicative cost
High (€500k–€5M)
Time to results
Long (> 3 years)
Staffing & skills
Yeda patent and licensing staff

Conditions for success

  • Royalty-sharing model returning income to inventing researchers
  • Long-standing pharma industry licensing relationships (Teva, Merck Serono)

Common failure modes

  • Patent-count figures are inconsistent across sources
  • Primary-source verification was not possible during evaluation (Yeda's website was unreachable)

Commonly funded by

National / regional programmes

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Data sources

Where this practice's information was retrieved from, and when.

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