Biotech Platforms

What We Did Together

This was a major corporate initiative for the client. They assigned 12 people (including the program manager) to work on this project. Inovo had three people assigned to the project. Together they did the following:

• Utilized Inovo’s iterative deepening learning methodology to take the 15-member team through a complete opportunity discovery journey
• Undertook broad biotech ecosystem engagement to uncover deep knowledge and unique insights
• Used portfolio design tools to reduce 70 opportunity concepts to 12 winners.

The Outcome

The entire project took place over seven (7) months (1.5 months Domaining and 5.5 months Discovery) and resulted in the following:

• Identified 10 strategic domains of interest which were subsequently explored for strategic opportunities.
• Twelve opportunities were created: 3 funded immediately, 6 in discussion and 3 deemed too risky.
• Two (2) of the platforms have been commercially launched and another four (4) are in the later stages of incubation