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Translation of biomedical technology originated in academia to the market is hindered by lack of consideration of market needs and commercialization pathways that leads academic research away from the market, leaving the public without long-awaited cures.
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As with all pharmaceuticals today, but especially with repurposed drugs where the commercialization pathway is particularly risky, a product is unlikely to be developed without the potential of payer reimbursement at a level that will incentivize an investment to demonstrate the drug's efficacy for a new indication.
"How can they look at the technologies they have developed in defense and figure out pathways to commercialization that will have a meaningful impact on environmental and socio-economic sustainability?" The company is also interested in promoting sustainability-oriented innovation more widely in the countries where they do business.
As Associate Director of Market Development for Advanced Liquid Logic , Inc recently acquired by San Diego-based next generation sequencing leader Illumina, Inc., he identified new product opportunities in life science and applied markets, developed market research and commercialization strategies including distribution pathways, competition and pricing.
Taken together these plans provide a "pathway toward commercialization".
After years of pondering the complexities, the Food and Drug Administration has finally issued draft regulatory guidelines that should open a pathway to commercialization for potentially useful products that have thus far been research curiosities.
This chapter presents an overview of the most relevant aspects that must be evaluated and the common issues that can be encountered in the pathway to commercialization of a bioresorbable material.
With RGD and aggrecan (at its higher concentration) providing substantial and comparable improvements in cell performance, RGD would be the recommended bioactive signal for this particular IPN formulation and cell source given the significant cost savings and potentially more straightforward regulatory pathway in commercialization.
Pathways to successful commercialization and hence broad accessibility of cellular therapies for heart disease are only beginning to be explored.
Through its research and other initiatives, the Kauffman Foundation aims to open young people's eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies, and find alternative pathways for the commercialization of new knowledge and technologies.
The history of UCG development is instructive in designing a pathway to successful commercialization of the technology.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com