Richter Gedeon received the Innovation Grand Prix Award

Richter Gedeon Has a Relatively New Large Plant in Debrecen.

Photo credit: MTI / Zsolt Czeglédi

The jury of the Hungarian Innovation Grand Prix selected the winner of the 2020 Innovation Grand Prix from 69 Hungarian companies, and awarded seven more innovation awards and the Startup Innovation Award of the year, the Hungarian Innovation Association reported to the Hungarian National Press (MTI) on Monday.

According to the press release, the economic result of 2020 from innovation was decisive factor in the evaluation criteria. The selection of the winning company for the innovation grand prize was decided by a secret ballot by the board.

Richter Gedeon received the 2020 Hungarian Innovation Grand Prix for the creation of Terrosa®, a new biosimilar Hungarian drug. Terrosa is developed for the treatment of osteoporosis, and it proves the success of the biosimilar concept. Its sales value was of EUR 27.237 million in its first full year. The drug also proves the “invented and made in Hungary” economic development concept.

Meanwhile, Additive Manufacturing Technologies Hungary Kft. received the 2020 Industrial Innovation Award for the development and production of automatic surface treatment equipment for 3D printed parts. 

The IT Innovation Award 2020 was awarded to Tungsram Operations Kft. for recycling the company’s traditional capabilities in innovative areas (tungsten fiber development, sustainable and safe food production).

TEQBALL Kft. received the 2020 Industrial Innovation Award for the creation of TEQ LITE, a mass-produced, folding Teqball table.

The 2020 Agricultural Innovation Award was awarded to KITE Zrt. for the establishment of its Precision Management System (PGR), with the aim of adapting precision solutions to the widest possible range of technological elements.

Mol Nyrt. received the 2020 Environmental Innovation Award for its co-processing process, which means the joint conversion of raw materials of biological origin and fossil waste into diesel fuel.

Hagyó Kereskedelmi és Szolgáltató Kft. received the Innovation Award 2020 of the National Intellectual Property Office for its distillation equipment, which is universally protected by several patent and has computer simulation for aroma profiling.

Femmetex Hungary Kft. received the 2020 Startup Innovation Award of the Hungarian Innovation Association for its Redy intimate lingerie. Their product offers a completely new, eco-friendly alternative for women in the intimate hygiene market, absorbing up to 2.5 standard swabs of blood.

The 2020 Innovation Award of the Hungarian Chamber of Commerce and Industry was awarded to Graboplast Padlógyártó Zrt. for developing floors with self-disinfecting surfaces. 

All winners and 52 other applicants can be found here. 

Photo credit: MTI / Zsolt Czeglédi