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Biomedical start=up - Coggle Diagram
Biomedical start=up
Costing pitch for biomedical company
Common start-up cost
HR / Board Director (salary for admin staffs)
Intellectual property (cost for filling)
Admin fees (paperwork/regulatory matters)
Transportation/Logistics/Space
Related resources (e.g. hi-tech equipment, materials etc)
Marketing
Challenges for biomedical start-up
High cost
Highly precise
High risk
Lack of regulatory guidance
Limited funding
Limited market access
Limited talent pool/specialty/industrial experience
Stakeholders/Investors
Pharmaceutical/Healthcare companies
Hospitals/Clinics
University students
Researchers
Regulatory
Sales & Marketing
The type/form of biomedical start up in Malaysia
As supplier (purchase biomed products from abroad)
As consultation/training company (Idea generation/innovation/business planning)
As service provider/analysis (e.g. product evaluation)
outsourse service
Formulation/Product development (pharma/TM/HS)
Digital healthcare (e.g. simulation)
Opportunities for biomedical start-up
Support from the government local business
Continuous demand from the market
Government collaboration
Experts available
Potential for ASEAN market penetration
(Date) Informal engagement with companies
Duopharma
Challenges: Regulatory
Solution
implementation
Jabil
SriNusa
Annona
Sanichem
Types of biomedical
Pharmaceuticals
Medical device
Diagnostic tests