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A*STAR unit, ETPL, helps firms to harness tech for industry use

A*STAR unit, ETPL, helps firms to harness tech for industry use

13-Jan-2016 (Wed)


Mr Philip Lim, chief executive officer (CEO) of Exploit Technologies. ST PHOTO: KUA CHEE SIONG

ETPL helps companies adopt technologies developed at A*STAR’s research institutes and works closely with A*STAR and companies to understand how technologies can be harnessed to meet industry needs.  

The unit also helps entrepreneurs hoping to leverage on A*STAR technology to develop business plans and provides support in marketing, fund raising and networking. It aims to nurture A*STAR scientists into business-minded technopreneurs.

ETPL works with the scientists and industry figures to make the technology more market-ready. It also helps the company develop its business model, undertake financial planning and find potential customers.


ACM Biolabs was one firm that benefitted from this process where it used artificial cell membrane technology from A*STAR’s Institute of Materials Research and Engineering to significantly reduce the amount of time, labour and costs needed to find new molecules that can produce pharmaceuticals.

ETPL chief executive Philip Lim singled out a few technologies as having "great commercial promise", including one that allows humans to control devices with their thoughts, and autonomous vehicle technologies.

A*STAR has granted more than 1,000 licenses and has a portfolio which comprises more than 3,400 active patents and applications stemming from A*STAR research.

Information extracted from coverage on The Straits Times, 13 Jan 2016