Healthcare Innovation Cycle for "Biomarker Diagnostic" Solutions

Biomarker Diagnostics is a broad term for diagnostics that utilize biomarkers. Tracking data has been added that shows an example of an early stage team at risk due to a focus on technology and clinical to the exclusion of Market/Business and Regulatory issues. Select any Maturity Level to see the core Requirements or select the Requirements themselves to see a description of what is involved in completing a requirement and curated resources.

Note:To access the Resources that describe each Deliverable, use the Sign-in button above to create an account and then click on the Deliverable or the Innovation Maturity Level to see all Deliverables at that level and click on the one of interest.

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checklist.

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MaturityDisplay

Requirement

Reimbursement Familiarization

Become familiar with the way in which medical devices and service are reimbursed
No matter how good your innovation is, if there is not a clear value proposition for users to pay directly or mechanism in place to enable clinical users to be reimbursed for using your product/service it will not be used. Understanding who pays and why will be critical in your evaluation and selection of ideas to pursue that have commercial potential.
Read any one of several references to become familiar with the key terms and issues - with an expectation that you will need to know what questions to ask an expert later, rather than be an expert yourself.

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Resource Type
Regions/Markets