As innovative as biologic-device combination products are, they can pose considerable development, regulatory, and commercialization challenges due to unique physicochemical properties and special clinical considerations (e.g., dosing volumes, frequency, co-medications, etc). of the biologic medicine.
Given that South Africa is more industrially advanced yet faces similar health and commercialization challenges to other African nations, learning from the challenges that Acorn faced may be helpful for other African stakeholders aiming to catalyze innovation relevant to local health problems.
And at Harvard Business School, techie-turned-faculty-member Lee Fleming teaches several courses that draw students from across the campus to work side by side with Harvard Business School students on real-world technology-commercialization challenges.
To facilitate discussion, interaction and a more workshop modus operandi, the meeting was organised into distinct sessions including scale-up challenges, commercialization, reactor systems technology, techno-economics and biomass energy supply chains and strategies for integrated biorefining.
The current state of worldwide commercialization and the challenge of reducing nanocellulose production costs are also discussed.
Section 1.4 covers successes and challenges towards commercialization of higher alcohol-based biofuels, giving some examples of successful commercialization and current issues and topics such as product separation, host choice, and alternative feedstocks.
However, high cost, presence of multiple isomers, and multistep downstream processing are the major challenges in commercialization of biosurfactants.
However, there are challenges in commercialization of waste to biodiesel facilities in KSA, including waste collection and separation, impurities, reactor design and biodiesel quality.
Despite the challenges, the commercialization of nanobiotechnologic products appears to have a bright future, and within 10 years many new products of this nature are likely to be approved and in use in worldwide markets.
It hoped to ease the challenges of commercialization by providing business advisory services and networks of industry contacts to life sciences entrepreneurs, with a focus on biomedical devices.
Additionally, more information is required to determine the precise effect of laccase manipulation on biofuel production from lignocellulose, along with technical challenges in commercialization to be solved in the future.
