Periodic Reporting for period 1 - Piomic (Empowering homecare solutions in advanced wound care)
Berichtszeitraum: 2019-11-01 bis 2020-02-29
• Technologically feasible: It is possible to improve the design of the current prototype to achieve a manufacturing cost reduction. A phase 2 project addressing the required improvements and feature upgrades to address core customer needs has been initiated.
• Commercially feasible: Piomic targets the wound care market and a health technology assessment for Switzerland has shown, that the COMS One Therapy System may reduce costs for the healthcare system and hence commercially makes sense. Piomic’s business plan has been adopted to ensure a successful market entry.
• Economically feasible: The financial requirements for Piomic commercialisation have been estimated and incorporated into a thorough sales forecast.