KCS

Many analytical laboratories around the world publish their innovative detection methods on various biomarkers reporting substantially improved selectivity and sensitivity with higher accuracy, and often introduce new cartridge or sensor type tools that even non-specialist can easily handle to obtain sufficiently meaningful analytical results for diagnostic purpose. Some researchers patent their research outcomes hoping to attract possible business partners or even found their own company to commercialize them. However, very few of those efforts result in successful business due to the lack of understanding in market needs or failure in integrating necessary business resources. In this presentation, we will share our own experiences in the R&D’s on various in vitro diagnostic (IVD) devices in our laboratory and commercialization efforts. Radically different idea and approaches are needed to mass produce and commercialize the simple biosensor strips and fluidic cartridges developed in the laboratory for the analysis of various metabolites and proteins. Also discussed are our past and current experiences in starting business with the products developed in the laboratory.