Accelerating Research Translation tmccambridge 8 August 2024
Accelerating Research Translation
The Challenge

A world leading biomedical research centre sought to bridge the gap between groundbreaking research and real-world patient benefits. Despite producing high-quality research, the organisation faced challenges in translating findings into commercially viable products and services. This hindered the centre’s ability to achieve its key organisational result of commercialising research and ultimately improving patient outcomes.

Our Approach

Hodgkinson McCambridge partnered with the research centre to develop a tailored strategy for research translation. Our approach focused on identifying high-potential research projects, assessing market opportunities, and building robust commercialisation plans.

Research Portfolio Assessment

We conducted a comprehensive evaluation of the research portfolio to identify projects with the greatest commercial potential.

Market Analysis

We conducted in-depth market research to understand industry trends, competitor landscapes, and unmet patient needs.

Product Development Roadmap

We collaborated with research teams to develop detailed product development roadmaps, outlining key milestones and resource requirements.

Regulatory Strategy

We provided guidance on regulatory pathways and compliance requirements, ensuring a smooth transition from research to market.

Innovation Management System Development

We supported the implementation of an ISO 56001 aligned innovation management system to embed a culture of innovation and improve efficiency.

Unveiling Insights
Building a Robust Innovation Ecosystem

By working closely with the research centre, we established a robust innovation ecosystem that fostered collaboration and accelerated the translation of research into products and services. Our focus on product development, regulatory strategy, and innovation management enabled the centre to:

Prioritise high-impact projects

By aligning research efforts with market needs, we helped the centre focus on projects with the greatest potential for commercial success.

De-risk product development

Our expertise in regulatory affairs and product development helped to mitigate risks and accelerate time-to-market.

Build a sustainable innovation culture

The implementation of an ISO 56001 aligned innovation management system created a framework for continuous improvement and knowledge sharing.

"This case study highlights the importance of a structured approach to research translation."
Conclusion

Hodgkinson McCambridge’s partnership with the biomedical research centre demonstrates our ability to drive research translation and commercialisation success. By combining our expertise in product development, regulatory strategy, and innovation management, we helped the centre to bridge the gap between the laboratory and the market.