Events
Road to Retail: Taking your Consumer Health Product to Market
March 9, 2017
PLEASE NOTE: This event is NOT at LabCentral
Time: 12:00PM - 6:00PM
Location: MIT Koch Institute for Integrative Cancer Research
Auditorium (Room 76-156)
500 Main Street
Cambridge, MA 02142
RSVP
LabCentral residents should contact Luke for free registration code
Today, we are taking an increasingly active role in managing our own health. As a result, the demand for consumer healthcare products is growing, particularly for affordable and effective over-the-counter products that consumers can use at home. With this trend on the rise, the number of start-ups looking to develop products within the consumer space is growing. How do you ensure that your company is up to industry standards to ensure a smooth transition to market? The road to retail has unexpected bumps, which means you’ll need to be prepared.
On March 9th, the experts at Johnson & Johnson Innovation invite you to an in-depth look into the process of commercializing a consumer healthcare product.
Whether your goal is to develop a pipeline through commercial launch or partner as early as possible, understanding market readiness and the variables that will impact time to market is critical for early-stage companies. With consumer and VC firms competing for the most promising science and technology, startups are expected to demonstrate a solid plan for launch and distribution.
These practical “how to take a concept to the retail shelves” presentations will highlight the following:
- Understanding market opportunity/business model
- Importance of formulation and supply at scale
- Avoiding regulatory path and safety hurdles
- Understanding your customer and your channel
- Funding your start-up through commercialization
Agenda:
12:00 PM | Lunch
1:00 PM | Registration and Welcome
1:30 PM | Anticipating needs and creating solutions
- Understanding market opportunity
- Creating a business model
2:00 PM | Developing your product
- Consumer centric product design
- Importance of designing for scale up
2:30 PM | Q&A / Coffee Break
3:00 PM | Choosing the right path, regulatory path that is
- What do “Consumer Health Products” include – Product Classification & Interface
- Cosmetic v. Medical Device v. Drug and the impact on your advertising and promotion
- Stakeholders: Safety, Toxicity and Sustainability Issues
3:30 PM | To the retail shelves
- Understanding the Shopper
- Understanding the Retailer
4:00 PM | Funding your start-up through commercialization
- Consumer healthcare investors are hard to find
- Alternate ways to market
- How to get noticed by a strategic or a retailer
4:30 PM | Q&A
5:00 PM | Networking Reception
6:00 PM | Program Close