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RDC (Rafael Development Corporation) is a specialized business incubator and investment firm based in Israel, operating as a joint venture between Rafael Advanced Defense Systems and Elron Ventures. The company focuses on the commercialization of advanced defense technologies for civilian applications, with a primary emphasis on the medical device and healthcare sectors. RDC identifies innovative technologies within Rafael's defense portfolio—such as advanced sensors, signal processing, and communication systems—and adapts them to solve complex medical challenges. The firm has been instrumental in launching several highly successful healthcare companies, most notably Given Imaging, which revolutionized gastroenterology with the PillCam capsule endoscope. Other significant spin-offs include Medingo, a developer of insulin patch pumps, and Galil Medical, a leader in cryotherapy solutions. RDC continues to foster a pipeline of startups that leverage military-grade innovation for diagnostic and therapeutic advancements.
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