Regulatory Research for Commercialization Strategies
Project scope
Categories
Communications Market research Product or service launch Sales strategySkills
nutraceuticals marketing regulatory compliance consulting pharmaceuticals market research biotechnology research commercializationFolium Labs Inc. is a biotech company focused on the development and marketing of nutraceutical and pharmaceutical delivery technologies and formulations.
We are looking for market research on a high level of regulatory compliance for our products in Canada and the USA. The students will be given ingredients that we use in our products and will be consulting publicly available information on Health Canada and FDA websites to suggest if these ingredients may cause regulatory hurdles we may face when launching our products.
We will give you access to organizational assets to support this project, such as brand collateral and background information on the subject of interest.
Objective
We hope to gain a comprehensive understanding of the regulatory compliance of some ingredients in our products in North America. The reports will help us identify the most appropriate commercialization strategies for specific products.
Students will have to perform the following tasks:
- Research specific ingredients to determine their status as natural health ingredients, food ingredients, or pharmaceutical ingredients.
- Review guidelines for these ingredients on Heath Canada and FDA sites as well as using other informational sources.
- Suggest the most appropriate paths for commercialization for given ingredients and products.
- Summarize findings in written reports.
The final deliverables will include:
- Report on potential compliance issues with specific ingredients.
- 30 min presentation.
Students will connect directly with the employer for mentorship and supervision throughout the project for at least 5 hours.
About the company
We are a Montreal-based biotechnology company focused on the development and commercialization of a proprietary delivery platform that provides enhanced bioavailability and targeted delivery of active ingredients in wellness formulations and nutraceutical products.