innovations during the drug
discovery phase.
We take a personalized and integrated approach to help our clients position their pipelines and companies for success offering a full range of development and commercialization services.
We are Halloran, a life science consulting firm, partnering to enrich your product development and business growth. We propel your organization further; positively impacting the health and wellbeing of patients around the world.
Indication Assessment and Prioritization (IAP) forms the cornerstone of strategic evaluation for identified indications, leveraging key parameters to determine their potential value. The selection of an indication significantly impacts an asset's value, influencing factors such as timeline, costs, risks, and commercial potential. Aligning the chosen indication with the overarching strategy is essential for maximizing asset value.
For instance, if the objective is rapid revenue generation through out-licensing post proof of principle (PoP) demonstration, selecting an indication with robust scientific backing and expedited Phase 1 surrogate endpoints is ideal. Conversely, if the goal is to expedite market entry, prioritizing indications with high commercial potential and shorter clinical timelines is paramount.
IAP provides strategic direction for internal stakeholders and serves as a guide for potential partners externally. This dynamic framework allows for continuous adaptation as new information surfaces, facilitating ongoing evaluation and scoring adjustments.
We collaborate closely with client stakeholders to grasp strategic objectives and establish critical considerations for indication assessment and evaluation. These considerations are tailored based on factors such as company stage (early or late discovery, early development), funding status (pre-seed, Series A or B), and whether the client operates as a platform or single asset company.
Utilizing a multi-attribute methodology and model, we craft a comprehensive framework encompassing key attributes essential for indication assessment and prioritization. These attributes are segmented into three primary areas:
We construct a conceptual framework that integrates elements of risk, cost, and commercial opportunity, presenting it as a heatmap for a holistic overview. Additionally, a combined score and ranked order of indications offer clarity on the drivers behind their value, addressing the 'why' for each prioritization.
We have a passion for life sciences, and we have a purpose to be your trusted partner. By partnering with us, we leverage our deep industry expertise and innovative strategies to help your company move through the complex clinical, regulatory, and quality journey. Our proven track record in navigating complex ecosystem challenges and accelerating development timelines means you can focus on groundbreaking science while we handle the rest. Together, we will maximize your company's potential, driving both clinical and commercial success.