3i Philosophy

Research & Development

Innovation is at the heart of everything we do. Our keen observation of the ecosystem helps us identify everyday practical challenges of the healthcare industry. Our research and Development centre works round the clock to create innovative solutions which our delivery teams successfully implement.

That's the base of our 3I concept: identify, innovate, implement

We proactively seek challenge areas, craft a unique and innovative solution around it and implement the same to tackle challenges.

Identify-Innovate-Implement Process

Identify:

As a first step on our innovation journey, we adhere to a comprehensive approach centred around "Need Finding". This involves:

• Strategic Focus: Aligning our efforts with overarching goals and objectives to ensure a purposeful direction.

• Observation & Problem Identification: Meticulously analysing various facets, utilizing keen observation skills to uncover latent needs within the healthcare landscape.

• Need Statement Development: Articulating and refining identified needs with precision, ensuring clarity and specificity in our objectives.

Moving forward, our process includes the crucial step of "Need Screening", where we delve into:

• Disease State Fundamentals: : Conducting a thorough examination to deepen our understanding of the medical conditions in focus.

• Treatment Options: Exploring diverse treatment modalities to address identified needs effectively.

• Stakeholder Analysis: Gauging perspectives from relevant stakeholders to consider diverse viewpoints and potential impacts.

• Market Analysis: Studying the market dynamics to contextualize identified needs within the broader healthcare landscape.

• Need Filtering: Employing a systematic approach to distill and prioritize the most crucial needs based on their significance and feasibility.

This multifaceted approach ensures that our identification strategy is robust, insightful, and aligned with the complexities of the healthcare industry.

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Invent:

In our invent phase, we place a strong emphasis on "Concept Generation", which involves two key stages:

• Identification & Brainstorming: During this initial phase, we actively seek and identify potential concepts. Through collaborative brainstorming sessions, we encourage creative thinking and idea generation to explore a wide range of possibilities.

• Concept Screening: Following the brainstorming stage, we meticulously screen and evaluate each concept. This involves a systematic assessment to filter out ideas that may be less viable or aligned with our goals. It ensures that only the most promising concepts progress to the next stage.

Moving forward, our invent phase also encompasses “Concept Selection”, involving a comprehensive process:

• IP (Intellectual Property): Evaluating the intellectual property landscape to ensure that our concepts are innovative and can be protected.

• Regulatory Considerations: Assessing the regulatory landscape to understand the requirements and constraints that may impact the development and implementation of our concepts.

• Reimbursement Strategies: Considering reimbursement aspects to align our concepts with financial sustainability within the healthcare ecosystem.

• Business Model Development: Formulating a robust business model to guide the implementation and commercialization of selected concepts.

• Prototyping: Creating prototypes to validate and refine the selected concepts, ensuring they are technically feasible and meet the intended objectives.

• Final Concept Selection: Utilizing a comprehensive evaluation framework to make the final selection, considering all relevant factors, and choosing the concept with the highest potential for success.

This approach ensures that our invent phase is structured, thorough, and geared towards identifying and developing concepts that align with strategic goals and industry requirements.

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Implement:

In our implement phase, we concentrate on two critical aspects: "Development Strategy & Planning" and Integration.

• Development Strategy & Planning:

• IP Strategy: Formulating a comprehensive Intellectual Property strategy to safeguard innovations and maintain a competitive edge.
• R&D Strategy: Outlining a clear Research and Development strategy to guide the technical aspects of product development.
• Clinical Strategy: Developing a strategy for clinical trials and studies to ensure the safety and efficacy of our products.
• Regulatory Strategy: Crafting a strategy to navigate regulatory requirements, ensuring compliance throughout the development process.
• Quality & Process Management: Implementing robust quality control and process management measures to maintain product integrity.
• Reimbursement Strategy: Strategizing reimbursement approaches to enhance market access and financial sustainability.
• Marketing & Stakeholder Strategy: Creating a comprehensive plan for marketing and engaging with stakeholders to build support and awareness.
• Sales & Distribution Strategy: Planning effective sales and distribution channels to ensure widespread accessibility.
• Competitive Advantage & Business Strategy: Identifying and leveraging competitive advantages while aligning with overall business strategies.

• Integration:

• Operating Plan & Financial Model: Developing a detailed operating plan and financial model to guide resource allocation and financial sustainability.
• Business Plan Development: Crafting a comprehensive business plan that outlines the overall strategy and operational details.
• Funding Sources: Identifying and securing appropriate funding sources to support the implementation phase.
• Licensing & Alternate Pathway: Exploring potential licensing opportunities and alternative pathways to enhance product development and market entry.

This dual-focused approach ensures that our implementation strategy is not only well-planned and structured but also integrated seamlessly with broader business considerations, fostering a holistic and successful product development lifecycle.