Signed MOU for artificial organs development through the technological convergence of harmless polymer materials and 3D printing
Creating a new industry through the convergence of university R&D capacities and the specialized technologies of companies
[November 14, 2014]

YU (President Noh Seok-kyun) is speeding up the development of artificial organs using polymer materials that are harmless to humans.

The YU Technology Transfer Commercialization Center (Center Director Han Joo-hwan) signed an MOU with Hyvision System (CEO Choi Doo-won), a 3D printer development company, and NICE IP Partners (CEO Shin Dong-won), a technology commercialization company, at YU CRC Building 406 at 2 pm on the 13th to converge the technologies of each institute and vowed to mutually cooperate.

This agreement is meaningful in that the R&D capacities of universities and the specialized technologies of companies converge to realize creative economy for next-generation technological commercialization.

NICE IP Partners CEO Shin Dong-won, who initiated this MOU, said, "There is a high possibility for YU's research on artificial organ materials will be successful, and companies with the right technologies and drive to commercialize this were needed." He said, "We were looking for a 3D printer company with proprietary technologies and we judged that Hyvision System, which has the world's best technologies in visual recognition and mechatronics application technologies, would be the most ideal."

Artificial organ development technologies use polymer materials harmless to the human body and print an object in the form of human organs as tight-knitted nets using 3D printers. Afterwards, individual human organ cells are injected to make a life-like organ. Because it is made using the individual's own cells, there are no side effects such as rejection by the body, and since it is made using a 3D printer, it is expected to become the mainstream method for producing artificial organs in the future. It is expected that the artificial organ market will continuously grow with the longer average lifespan of humans.

YU Department of Nano, Medical and Polymer Materials Professor Han Sung-soo who conducted R&D on artificial organ materials technologies said, "I am planning to place the artificial organ materials that I have been working on in the 3D printer to make artificial organs. This will be able create a new industrial ecology and it will also contribute greatly in the competitiveness of not only companies, but the national industries as well."

With this MOU, YU will provide Hyvision System with polymer materials suitable for 3D printing of artificial organs. Hyvision System is planning to develop printing technologies for artificial organs by integrating their technologies accumulated while developing their 3D printer and through this, they are planning to expand their scope of business to the bio-medical 3D printing industry.