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I need to write a final written report for the device that I have been working on such as “SPECIAL BLOOD PRESSURE MACHINE PRODUCT THAT IS A WIRELESS, REMOTE MONITORING DEVICE THAT CONNECTS TO A SMARTPHONE APP WITH ACCURATE MEASUREMENTS”. The final report should not exceed 15 pages including drawings and references. The report should be organized as a written version of the marketing pitch that generally includes the following :

Elevator statement:

• What is the core problem the business is trying to solve ?

• What is the solution it has developed?

• What key benefits will the solution deliver to its target customers?

The clinical need:

• What is the need being addressed?

•Why is this need important?

• How is the need currenty deing addressed
(if at all) ?

• In what was are current solutions inadequate?

The solution:

What is the proposed solution to the need ?

• How will it be used (and by whom)?

• How does it better address the need thar
what is currently available?

What is the value proposition?

The market:

•Who is the target customer ?

•What is the market size ?

•How fast is it growing?
who are the primary competitors?

•How will the company differentiate itself
from the competition?

• What are me barriers to entry ?

Intellectual property:

• How will the company protect its IP ?
• How strong Is Its IP position?

R&D Strategy:

• How will the company prove (or has it
proven) that the solution is technically feasible?

• What are the risks that must be addressed
and how will they be mitigated?

• How will the product be manutactured and where?

Regulatory strategy:

• How will the company get its product cleared approved for the market?


• What will be required to demonstrate safety and efficacy?

Clinical Studies:

• How will the company collect safety and
efficacy data ?

• Where will the studies be performed and who will be the key investigators ?

• What other endpoints will be studied (and why)?

Reimbursement:

• What Is the reimbursement pathway?

• What codes will be used?

• How much resistance is anticipated?

Business Model:


• How will the company including its anticipated pricing and margins?

• What will be the timing and frequency of
revenue realization?

• What volume of business is needed to make
the model viable?

Sales and Marketing:

• Why will customers be compelled to use the product?

• How will the company close sales?

• How will the product reach customers?

Financial information:


• What are the company needs?


•What does it intend to do with the money raised (according to what timeline)?

• How and when will it generate a return for investors ?

Exit Scenarios:

• How are investors most likely achieve liquidity for their investment?

• When is an exit most likely to occur?

Management Team:

• Who are the key individuals that make up the
company ?

• What specific qualifications do they bring to bear?

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