BIC review tool and flowchart
Designed to improve communication
The Biomarker Commercialization BIC Review Tool is a comprehensive checklist for selection of the most promising invention for further commercialization of IVD-applicable biomarkers.
The BIC Review Tool allows an “inventors interview”-type of approach, in addition to being a checklist for Technology Transfer Offices (TTO) and Researchers. The tool provides a fill-in form for following the progress of a project and fluently discussing the next steps and main decision gates with the TTO. Similarly to the other BiC Tools, the contents are aligned with the phases and TRL’s along the IVD-applicable biomarker development project. It is designed to improve communication between the stakeholders involved in the commercialization process and to facilitate collaboration.
The Flowchart provides a simplified overview of the entire process from discovery to market maturity.
Three central aspects are always highlighted:
- Does the invention address a real clinical need?
- Is it commercially viable to develop the invention further?
- Is it feasible - including economic, technical, legal and scheduling considerations - to address this need?