Technology Assessment

Overview

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There are a number of new technologies with promise to help enhance high technology, life sciences and health care organization R&D, and Commercial Operations performance. Evaluating a new concept or new technology? You probably need to perform a rigorous economic justification analysis. We have done this for a large number of companies and for many types of projects. 


        
Technology Assessment is one of our transformation services and includes:

  • Technical Evaluation: Evaluating a technology for technical merit. Highlighting its strengths and weaknesses and comparing it with other alternatives.
  • Cost-Benefit Analysis: Developing economic analyses for a technically justified projects. Computations of Return on Investment, Payback Periods, Net Present Values and Life Cycle Impact.

Cost Benefit Analysis


        
Light Pharma uses and builds powerful economic models to help management decision-making around technology. Product and process life cycle models have been developed to provide an economic basis for decision making. We routinely compute Return on Investment (ROI), Net Present Value (NPV) and Payback Period type analysis for new technologies. Such lifecycle and economic analysis is a critical prerequisite that helps in: 

  • Deciding Whether to Move Forward with a New Project or Technology Concept
  • Proving Economic Justification For a Technically Sound Project
  • Yearly Budget Planning
  • Developing an Overall Economic or Business Case for Transformation

Our close relationships with academia allow us to leverage the state-of-the-art in technology, finance theory and economic modeling.

Technology Evaluation


        
We have been on the cutting edge of technology of many years. Our focus on fundamentals and close relationships with leading academic and high technology companies enables us to quickly recognize a potential winner. We have many years of experience in helping life sciences and health care companies evaluate potential new technologies. 


Past technology evaluation experiences include evaluations of:

  • Data Analysis and Statistics Tools
  • Manufacturing Execution Systems (MES)
  • Process Analytical Technologies (e.g. Near Infrared, Light-Induced Fluorescence, Raman)
  • Process Equipment
  • Simulation Tools

We routinely monitor key technology developments and provides insight into potential future scenarios.

Become a Client

Light Pharma's Services leverage years of experience, focus and insight.


If you are interested in utilizing Light Pharma's Technology Assessment services, click here.

LightPharma is a consulting and technology company on a mission to help transform the way medicine is made.

Contact Info


Light Pharma Incorporated

One Broadway, 14th Floor

Cambridge, MA 02142

info@lightpharma.com

+1 (617) -577-0112

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