Yossi Gross

Overview

Yossi Gross (Hebrew: יוסי גרוס; born February 5, 1947) is an Israeli inventor and entrepreneur. He is a founding partner of Rainbow Medical, an operational investment company, established to launch companies based on the technological ideas and inventions of Gross. Yossi Gross is the founder of multiple medical device companies based on his various inventions in active implantables, neurostimulation, signal processing, nanotechnology, and drug delivery. Gross's various companies have developed or are currently developing treatments for diabetes, gastroenterology, stroke, ophthalmology, asthma, congestive heart failure, and urology. Gross has over 800 filed patents. Companies based on his inventions collectively garnered over $1B dollars in acquisitions.

Biography

Yossi Gross was born in Budapest, Hungary. He immigrated to Israel, with his Holocaust-survivor parents, at the age of three. His parents and family live in Moshav Mazor. Gross received an MSc degree in 1976 in aeronautical engineering from the Technion Israel Institute of Technology in Haifa, Israel.

Engineering, inventing, and business career

Following his graduation from the Technion in 1976, Gross joined Israel AirCraft Industries where he began to work as a flight test engineer from 1977 to 1985. Gross was on the management team of the IAI Lavi project, a program tasked to design and build a fighter jet, similar to the F-16, for the Israeli Air Force. The program was later cancelled. In 1985, Gross opened General Ideas and Products Ltd., where he developed several small electric consumer appliances. From 1988 to 1995, Gross also directed the R&D operations of Scientific Innovations. Gross's first medical creation was a small mini-pump to deliver drugs which he developed in an equally owned joint venture with Elan Corporation called Elan Medical Technologies, a subsidiary of Elan Pharmaceuticals. Gross spent most of the 1990s working at Elan developing drug delivery systems, the patents of which are assigned to Elan. In 1998, Elan bought Gross out. He stayed on for a short while as the vice president of research and development, before leaving to begin building his own business.

Companies

From the late 1990s to date, Gross launched over 36 separate medical device companies, all based on his patents and inventions. Examples of these companies are listed below by indication.

Neurostimulation Bluewind Medical, tibial nerve stimulation for overactive bladder DisCure, degenerative disc treatment Brainsgate, acute stroke treatment Enopace, diastolic heart failure treatment BioControl Medical, systolic heart failure system Cardiovascular Valtech Cardio, minimally invasive mitral valve repair technology, acquired by Edwards Life Science Cardiovalve, mitral valve replacement, acquired by Venus Medtech Diabetes Beta-02 Technologies, treatment for insulin-dependent diabetes, BetaStim, new neurostimulation treatment for diabetes, Drug Delivery TransPharma Medical, active transdermal drug delivery system, E-Pill, oral delivery of large molecule drugs, Gastroenterology GI View, devices for diagnosing and treating gastrointestinal disorders, DuoCure, Obesity therapy, Ophthalmology VisionCare Ophthalmic Technologies Inc., miniature telescope for age-related macular degeneration (AMD) Ophthocare, electronic eyeglasses for lazy eye in children Nano Retina, Retina implant Remote Patient Supervision EarlySense, contact-free, continuous, patient supervision system for hospital and home use BioMetrics IDesia Biometrics, authentication technology solution based on electro physiological signals

Rainbow Medical

Rainbow Medical, based in Herzliya Pituach, Israel, was launched in 2007 with funding from GlenRock Israel, NGN Capital, SVM Asset Management and individuals. Rainbow Medical has aspects of a venture fund and a US-style incubator. Rainbow mainly supports the technology ideas of Yossi Gross. Rainbow Medical finances its start-up companies at their beginnings. Subsequent investment is done on an individual company basis through both outside investors and select Rainbow investors.

Memberships

Gross is a member of the Israeli Life Science Association.

Bibliography

"David P. Hamilton, "VisionCare's implantable microtelescope-a bionic eye for AMD-related blindness," VentureBeat, August 22, 2007". Archived from the original on December 2, 2008. Retrieved September 18, 2017. "David Brinn, "Scoping out a clearer future for AMD sufferers," Israel21C, October 30, 2005". "Joe Mullings, "TrueFuture Season 4"". YouTube.

External links

The official website of Rainbow Medical The International Life Science Institute website