Key Criteria and Rating Tool for LCM
Our Key Criteria and Rating Tool uses standardized criteria to objectively evaluate potential opportunities. Criteria are segmented into scientific rationale, commercial rationale, and strategic rationale.
- Currently available scientific evidence
- Clinical feasibility
- Regulatory pathway
- Addressable patient population
- Competitive landscape
- Unmet need level
- Fit with core competencies
- Aligned with organizational goals
- Potential synergies
Along with identifying important categories, the framework must allow for weighting categories to identify which best align with the company. This also enables scenario analysis to be performed across all potential life cycle opportunities.