In response to the Innovate UK competition for precision medicine technologies, Health Innovation Manchester are hosting a partnering and networking event for SMEs, academics and clinicians.
If you have an idea, technology or service that will help the selection of the most appropriate treatment for patients, or you have expertise in this area, come along to hear more about the competition from Innovate UK and find an SME, academic or clinical partner for application to this call.
10.30 - 11.00 Arrival and light refreshments
11.00 - 11.15 Introduction from Health Innovation Manchester and Alderley Park
11.15 - 12.00 Introduction from Innovate UK
12.00 - 13.30 Partnering and networking
The aim of this competition is to support the commercial development of precision medicine technologies.
Applications can be for either feasibility study projects or industrial research and experimental development projects, although projects may have work packages in different research categories if necessary.
You must be able to clearly explain how your proposed technology will advance precision medicine. It must make it easier for medical professionals to choose an appropriate patient treatment.
Feasibility study projects (business-led, total project costs of up to £100,000 and last up to 12 months) must include project plans that demonstrate you intend to:
- perform initial technical activities
- clarify the value proposition of the concept
- work with the relevant organisations and groups to develop a clear understanding of the technical, operational, clinical and regulatory requirements, and the challenges you expect to have in encouraging medical professionals to adopt your technology
- determine which regulatory and health technology assessment process would be most relevant
- analyse the progress so far and produce a clear development plan
Industrial research and experimental development projects (collaborative R&D, total costs up to £2 million and last up to 24 months) you must follow one of these themes:
- rapid and accurate diagnosis of commonly misdiagnosed ailments, to help pick cost-effective therapies that are already on the market, such as B12 supplements for pernicious anaemia
- mental health and precision psychiatry
- paediatric and maternal-foetal medicine
- inflammatory diseases, including psoriasis, respiratory, autoimmune, Crohn’s and transplant rejection
Projects must start by 1 November 2018
Your proposal must demonstrate a clear understanding of:
- the market potential
- possible routes to market
- intellectual property issues
- commercialisation strategies