Process

Business Assessment

  • Need & Opportunity Awareness
  • Customer Discovery
  • Needs & Opportunity Evaluation
  • Opportunity Verification
  • Solution Validation
  • Business Model Evaluation & Verification
  • Market Requirements Definition (MRD)
  • Business Model Modification & Validation
  • Marketing, Sales & Distribution

Technology Evaluation

  • Early Research
  • Establish Evidence Base
  • End-user Feedback& Concept Verification
  • Market Requirements Verification
  • Product Requirements Verification
  • Bench-Top Testing & Technical Verification
  • Pre-Clinical (Usability Study, Animal Testing, Surrogate)
  • Regulatory Approval (Human Subjects, Clinical Validation)
  • Clinical / Comparative Effectiveness

Technology Development

  • Conceptual Solution
  • Concept Design & Evaluation
  • Concept Development & Prototyping
  • Product Requirements Definition (PRD)
  • Prototyping
  • Transfer to Manufacture
  • Product Launch