Product development

Product development is the creation and launch of products. Product development is a collaborative and interdisciplinary effort that involves cross-functional teams. Product developers often assemble researchers, product designers, marketing specialists, and user experience specialists to help them evolve the product they envision. Stakeholders and early customers provide feedback which help refine the product. Finally once a product is launched, user feedback over a product’s lifecycle helps inform and influence subsequent product development cycles and new iterations of the product.

Life science product development map

This chart will give you the broad split between various stages of a life science product development. Companies in each stage will have a different requirement. Choose the area most suitable and explore below.

Pre-revenue startup with little or no working capital

Early development
Products still in research and development

Late development
Well funded products beyond R&D stage 

Product in market
Products that have completed regulatory approvals