Creating a Roadmap to Commercialization
In today’s medical world where FDA approval is uncertain and investors shy away from risky ventures, a clever invention with incremental advantages over the competition is not enough. Successful innovation must go further than invention to turn good ideas into promising ventures that attract investors, gain regulatory approval, and meet the higher expectations in tough economic times.
Here’s our take on what pharmaceutical and medical device companies need to do to lay the groundwork for commercially successful product innovations: