Cetas Healthcare | To Understand and Map the Funding Scenario in Australia’s Research Labs
A global firm specializing in customer insights and strategy for the medical devices industry
Medical Market Research Emerging Markets Business Analytics Desk Research Qualitative Quantitative Competitive Intelligence
15976
post-template-default,single,single-post,postid-15976,single-format-standard,ajax_fade,page_not_loaded,,side_area_uncovered_from_content,wpb-js-composer js-comp-ver-4.5.3,vc_responsive

To Understand and Map the Funding Scenario in Australia’s Research Labs

20 Feb To Understand and Map the Funding Scenario in Australia’s Research Labs

  
FLOW-OF-FUNDS, KEY CRITERIA & MOTIVATION OF FUNDING BODIES, APPLICATION PROCESSES
Objectives
  • Flow-of-funds from various sources to research labs
  • Key criteria and motivations of funding bodies towards investing on life sciences research projects
  • Study the application process for research grants
  • Regional variances with regards to funding, research grants and initiatives
Client Profile
  • A global business that delivers breakthroughs in tools for drug discovery and biopharmaceutical manufacturing and the latest in cellular technologies
Approach
  • Desk research to establish initial baseline of key funding agencies and funding dynamics
  • In-depth interviews with research scientists and decision makers to study funding scenario and flows
  • 1-day work-out with client’s services and sales teams to derive servicing strategies from the insights
Insights
  • Mapped the entire chain and investigated the supply-demand-process dynamics
  • The application process across the funding bodies differ starkly from one another
  • Public vs private funding sources have different criteria, processes and success factors
Impact

Helped the client significantly in designing targeted approaches for specific accounts

“Key attributes: scientific panel, number of grant schemes, scientific matrix assessment on areas such as track record, significance and innovation of the project, etc.”