Client Needs: Prioritize which university-based technology should receive additional development funding
A university-based non-profit institute founded to support development and commercialization of compelling medical devices more rapidly to patients retained Strategy Inc.'s services to help provide a framework for business focused decision making. This was accomplished through robust analysis of the worldwide market opportunities for several emerging technologies.
Strategy Inc. Proven Processes
Strategy Inc. provided 7
Technology Assessments at the direction of the Director of Business Development and Marketing. Each Technology Assessment contained the critical components (shown below) to project the potential for successful commercialization. The results provided a comprehensive understanding of the market opportunity for a given technology and potential for transfer with a higher royalty stream.
- Market Size
- Market Analysis
- Competitive Analysis
- Clinical Adoption Projector
- Current Reimbursement Landscape
- Strengths, Weaknesses, Opportunities and Threats Analysis
- Risk Analysis
Strategy Inc. Generates Results
Strategy Inc.'s analysis provided the organization with top level market due diligence to focus project resources and appropriately allocate funding to projects with the highest probability for commercial success.
Other Projects for Similar Clients
Other projects that have been executed for similar clients with multiple emerging technologies under development:
- Market Assessment to identify key target market drivers and trends driving revenues in the area of organ transplantation
- Clinical Adoption Projector with key opinion leaders to identify the projected adoption of a novel airway management device
- Market Assessment to identify a new womens' health market, and determination of the potential of an innovative technology to significantly change therapeutic procedures
- Market Assessment to identify key market drivers and trends driving adoption and technology acquisition in the area of cardiac management
- Competitive Analysis of the surgical sealants and topical tissue adhesives market including six categories of alternative wound healing products
