Periodic Reporting for period 1 - COMMER-CELL (Commercialisation of neuronal cell co-cultures)
Période du rapport: 2019-06-01 au 2020-11-30
COMMER-CELL has three major objectives: 1) a market analysis and assessment, 2) business model development and 3) determination of patentability/patent applications. In the course of the FETOPEN MESO-BRAIN project, cell cultures derived from stem cells will be produced in high quantities. These cells can be additionally grown together in premade, co-cultures. As co-cultures have already exhibited their effectiveness as potential models within various fields such as neuroscience and pharmacology, it is important to assess the need for such physiologically relevant co-cultures to research groups, pharmaceutical and biotech companies. Expected target markets would be groups unable to grow their own cultures or groups looking to expedite research by avoiding undertaking culture growth themselves. However, the specifics of what clients would want and how it can be delivered must be researched. Following a market analysis and assessment looking into the needs for stem-cell-derived neural cell co-cultures, an effective business model must be designed for the development, marketing and distribution of the intended products in the future. This follows on from the market analysis, as this business model development will be based upon what the market requires. Finally, the presentation of pre-made co-cultures for marketability outside of the ongoing FETOPEN MESO-BRAIN project will need to be assessed for patentable products. The main objective of this stage is to identify the patentable products and secure IP protection.
As a final report on this project, not all the tasks were able to be fully accomplished. The combination of output changes in FETOPEN MESO-BRAIN and the outbreak of the COVID19 global pandemic deeply impacted the progress of COMMER-CELL. The limited form of co-cultures from the parent project put a heavy burden on COMMER-CELL, preventing the marketing project from having a strong demonstrable product to conduct market analysis with. This was further compounded by the target markets being either distracted or limited by the global pandemic. Though marketing data based on a hypothetical product was gathered, it was not comprehensive enough to see the completion of all the originally established objectives such as business plan development and IP identification.
The marketing work underwent a strong beginning. The existing Axol Bioscience Ltd. customer base was contacted through direct email correspondence and separate newsletter release. The responses that were obtained from this outreach were used to inform a decision of what form a product such as a scaffold-based neuronal co-culture would be most sought in. The feedback received about COMMER-CELL indicated what the most effective form such a product would be for eventual market release. Furthermore, the feedback that was obtained was used to inform us of which networking events would be of most use to personally attend and showcase on.
Numerous conferences were booked. Again, due to the COVID19 outbreak, unfortunately all but one conference (8th Annual Neurodegenerative Drug Development Summit, Boston, 25-27 February 2020) were delayed or cancelled. The outbreak of COVID19 also diminished the capacity for interaction with a potential customer base. Especially during the early stages of lockdown. Attention from industrial institutions still functioning was diverted heavily towards COVID19 related projects. Many other organisations that could act as potential clients were also undergoing lockdown procedures and severely limited laboratory operating capacity. Feedback was difficult to obtain from such organisations.
Work dependent on the marketing research and cell development were never initiated due to the difficulties faced. In spite of this, dissemination continued in the form of contacts with industrial and academic organisations, generating interest in neuronal co-cultures. Resources such as posters and flyers were designed and produced, but were unable to be used as more than digital aids.