| Literature DB >> 34192284 |
Michael Dempsey1, Paul Tessier1, John Collins2, Elias Caro3.
Abstract
The RADxSM Tech program was a unique funding and support mechanism to accelerate the market introduction of diagnostic tests for SARS-CoV-2, the virus that causes COVID-19. In addition to providing funding, the RADx Tech program provided unprecedented levels of non- monetary support. Applications were evaluated using a deep dive process which involved a 1- to 2-week intensive collaboration between the applicant and a team of experts from RADx Tech. The result of this deep dive was a very comprehensive understanding of the potential and risks associated with the proposed work, which was far beyond what can typically be understood in a written grant application. This detail allowed the deep dive team to provide a better-informed recommendation on how to proceed. In some instances, the recommendation was made to not fund the project; in other cases, the recommendation was made to provide the applicant with more funding or support to help maximize their probability of success. After the deep dive, the project moved to a Work Package 1 (WP1) phase that focused on further de-risking. The same RADx Tech team that conducted the deep dive also worked with the applicant through the WP1 phase of the program. This allowed for joint responsibility of the work with the common goal of rapid, successful product introduction. This work is licensed under a Creative Commons Attribution 4.0 License. For more information, see https://creativecommons.org/licenses/by/4.0/.Entities:
Keywords: RADx; SBIR; commercialization; funding; translational research
Year: 2021 PMID: 34192284 PMCID: PMC8112670 DOI: 10.1109/OJEMB.2021.3070827
Source DB: PubMed Journal: IEEE Open J Eng Med Biol ISSN: 2644-1276
FIG. 1.Overall RADx Tech Programibid.
FIG. 2.GAITS Analysis by Applicant and as Revised after Deep Dive. The standardized analysis framework and reporting format of GAITS enabled the RADx Tech team to quickly determine that this project, despite the applicant's optimistic self-analysis, was too early for RADx Tech.
FIG. 3.Capture of Proposed Work. GAITS allowed the teams to present in a consistent way how their WP1 and WP2 plans would advance the project to key inflection points and ultimately shipping high-performing tests. This consistent framework made it easier for the reviewers and NIH to understand and compare the various projects and how the projects were using the funds to reach uniform milestones.