Stage 2: Pre-Company

 

In Stage 2, we pull together the different technologies into a full offering for the market. This is not just a straight continuation from Stage 1, which is only a single technology and, therefore, only part of the overall solution. We look to find the right combination of features that will really impact patients lives for the better and will overcome a particular clinical problem. This winning combination will come from a variety of sources, not just technologies that we have successfully progressed through Stage 1.

Innovation is something new that has impact
— Scott D. Anthony, The Little Black Book of Innovation

An example of Stage 2: Pre-Company is illustrated in the Case Study.

Once the relevant technologies have been successfully combined into a single overall solution, we are ready for the next step, Stage 3: Company Formation.