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Commercialization Plan Product Development Business model Financial plan BUSINESS PLAN Development strategy Budgets IDEA Invention Preface Fig 1.

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Presentation on theme: "Commercialization Plan Product Development Business model Financial plan BUSINESS PLAN Development strategy Budgets IDEA Invention Preface Fig 1."— Presentation transcript:

1 Commercialization Plan Product Development Business model Financial plan BUSINESS PLAN Development strategy Budgets IDEA Invention Preface Fig 1

2 COMPONENTS OF A PRODUCT COMMERCIALIZATION PLAN INDUSTRY CONTEXT Technology positioning and strategy, corporate portfolio strategy, industrial value chain context MARKET RESEARCH Market need, Specific indication of interest, market size and segments, product characteristics INTELLECTUAL PROPERTY RIGHTS Intellectual property management and licensing strategy, Patent content for market protection, Business models NEW PRODUCT DEVELOPMENT (NPD) Stage gate new product testing and development plan, budget, Gannt chart REGULATORY PLAN Regulatory strategy - working with FDA towards approval MANUFACTURE Production Planning REIMBURSEMENT Coverage, Coding, Payment, Distribution, marketing and sales planning PlanPositionPatentProductPass!ProductionProfits Preface Fig 2

3 Idea Market research Product characteristics Indication Intellectual property rights Patents IP strategy Business model New product development Regulatory plan Budgets Reimbursement Sales Marketing Distribution ManufacturingInvention Preface Fig 3


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