Health Technology Assessment Support for SMEs
$300,000.00
Grant Value
2021-22
Fiscal Year
Description
The Health Technology Assessment Support for SMEs aims to provide health technology assessment and guidance to SMEs. This project will help SMEs understand in quantified terms, the potential value of their new products/technologies to healthcare payers and insurers, commercial viability, market access opportunity, risks, and potential return on investment. It will undertake a quantitative assessment of the clinical and economic outcomes that might be achieved with the new product, and a determination of whether a healthcare payer will reimburse the product at a price sufficient to generate a return on investment. This will assist in strategic decision making that will impact the strategies used in the product life cycle management.
Expected Results
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the benefit of Firms in Canada, primarily SMEs and to support Organizations in providing innovation assistance services to SMEs in Canada.
Why This Grant is Notable
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Grant Details
Recipient
Institute of Health Economics
Location
Edmonton, AB T5J 3N4
Agreement Details
Number: 968103
Reference: 172-2021-2022-Q4-968103
Timeline
Start: April 1, 2021
End: March 31, 2023
Program
Industrial Research Assistance Program Contributions to Organizations
The purpose of IRAP Contributions to Organizations is to support Organizations in building and integrating the innovation capacity in Canada for the …
Sector
Professional, scientific and technical services (541710)
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