CASE STUDY

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Growth strategy for point-of-care testing

Post pandemic an innovative diagnostics platform company wanted to dramatically increase its market by targeting retail clinics for its point-of-care diagnostics platform

Pre1

Systematic approach to selecting diagnostic scope

Situation

PoC testing growth challenge

Diagnostic company with a point of care platform solution had seen rapid growth during the pandemic

Leadership team wanted to explore a long-term strategy to drive testing volume to non-traditional sites of care such as urgent care and pharmacies

Needed to characterize the market opportunity and develop a sales presentation

Project

Quantify market and value prop.

Evaluated the role of testing within patient journeys in 3 disease areas representing distinct value propositions

  • Respiratory
  • Other acute
  • Chronic

Sized the opportunity for each disease area

Developed economic model to quantify the value proposition for potential partners

Mapped patient journey and quantified opportunity

Developed specific value proposition key customers

Outcome

Clear pathway to growth

Findings informed the client’s decisions on the portfolio of tests to prioritize for FDA approval

Client was able to use our financial model and presentation materials in discussions with their existing accounts and prospective customers

Client is currently working with a large pharmacy chain to expand their on-site test menu

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