During the project:
• the clinical case of 3D OCT was investigated through literature studies and interviews with stakeholders
• the IPR landscape was surveyed
• the requirements for automation was examined
• business models were investigated
• and a revised business plan was drawn up
The work on the clinical case based on literature and interviews with Key Opinion Leaders documented that there is a need for 3D images of the eye beyond the 2D imaging capability of digital fundus imaging and cross-sectional imaging of current OCT systems. The literature study has detailed how there is a correlation between OCT and chronic disease manifestations of:
• CNS (e.g. Multiple Sclerosis, Alzheimer’s, Parkinsons, dementia, mild cognitive impairment);
• Endocrine diseases (e.g. Diabetes Mellitus);
• Cardiovascular diseases (e.g. hypertension, atherosclerosis);
• Ophthalmic indications (e.g. Age-related Macular Degeneration, Diabetic Retinopathy, Glaucoma).
The patent landscape survey identified the most active patentees, how the patenting activity within OCT have evolved over time, and what technical aspects that are patented in the field of OCT. This was exploited to shape the IP strategy.
The investigation into the requirements of automation showed favorably the need for fast 3D OCT imaging of the eye and how this would impact the clinical utility.
Based on the above investigations and the current market intelligence of OCTLIGHT different business models were mapped out and analyzed in depth to investigate how to maximize return on investment to investors and impact to society. The value chain and value proposition were mapped out for different customer segments and the requirements on activities and business network was investigated.
Based on the business model mapping a single scenario was chosen for which the business plan was updated accordingly. The decision was based on the discussion and recommendation from the Advisory Board and Board of Directors of OCTLIGHT.
The results of the EU SME Instrument Phase 1 study will be exploited to increase the impact from an end-user perspective and will be disseminated to investors that can support the new direction set out in the revised business plan.