Life science

Triathlon Group serves clients in the Life Science industry, supporting the full range from startups to global companies active within digital health, medical devices, biotech, and pharmaceuticals.

With growing & aging populations, rise of chronic diseases, increased focus on individualized treatments; life science has gained a more important role than ever. At the same time, the industry is transforming with disruptive technologies, creating new opportunities to improve health and how it is delivered.

Cases

Novel Medical device for safer sedations

A group of medical and dental researchers had developed a medical device for airway patency during procedural sedation, enabling a safer and more predictable procedure. Triathlon assisted by investigating the market need and requirements, as well as finding relevant actors for future collaborations.

 

Life science

AI-Powered Platform for Edited Cell Lines

A research team had created an AI-powered search engine for CRISPR-Cas9 edited cell lines with ambition to expand to cell line sharing and delivery. Triathlon assisted by investigating the market need and potential for the platform as well as suggesting suitable business model setup.

Life Science

Safeguarding regulatory compliance

A client with the mission to implement the new Medical Device Regulation were under great time pressure, high workload and prioritization challenges. Triathlon developed a way of working with the implementation and coordinated the project to ensure a clear structure and proper priorities.

Life science

Medtech Market Plan For Scale-up

A medtech scale-up was in the phase of broad commercialization and scale up. Triathlon supported the client to develop a market plan outlining the strategic efforts to enable future growth based upon a thorough analysis of the current state and growth levers.

Life Science

Healthtech Investor Pitch

An innovative healthtech start-up developing a technology for contactless health measurements had a need to secure additional financing to fund technology development and commercialization. Triathlon supported in developing a communicative investor pitch material.

Life science

Partner Analysis for Innovative Materials

A group of researchers developed a way to synthesize innovative materials that can be used to improve the performance of e.g., energy storage solutions. Triathlon assisted in identifying the industry and academic interest and provided recommendations for further development.

Life Science

Exploratory Target Screening

A client within the Life Science Industry needed an initial exploratory screening and analysis of potential acquisitions in a specific industry segment. Triathlon conducted a high-level assessment of the market in question and identified and profiled potential acquisitions.

Life Science

Explore Need for a New Innovation

A research group found a new method for particle tracking in liquids. Triathlon conducted a market analysis to explore the needs for the new method in different business and research segments, resulting in key input for development and potential collaborations.

Life Science

Pipeline Portfolio Management

Triathlon supported a global medical device client to develop a framework for product pipeline portfolio management yielding a structured analysis and prioritization of new product ideas and product development programs.

Life Science

Medtech Market Planning

A global medical device company has grown rapidly in recent years and needed a market plan to structure future efforts. Triathlon supported the client in the assessment of the current situation and development of a strategic plan with key components in place

Life Science

Market potential & Go-to-market plan

A novel technique to improve development of pharmaceuticals and vaccines had been developed. Triathlon supported the inventors by exploring the commercial potential and interest among potential partners, as well as defining a suitable model for commercialization.

Life Science

Marine biotech partner screening

A novel microalgae cultivation method has been developed for year-round cultivation adapted for the Swedish west coast. Triathlon conducted a comprehensive survey of potential partners and evaluated applications to guide future development for the client.

Life Science

Successful MDR implementation

A global medical device manufacturer had to adapt operations to comply with the new EU MDR. Triathlon established an enterprise-wide action plan and effective follow-up structure to drive implementation.

Life Science

Digital health development & launch

A large global medical device company had set a target to rapidly launch a new digital concept to remain competitive and leverage key industry trends. Triathlon supported with managing and coordinating a cross-functional team resulting in a successful launch that doubled initial sales target.

Life Science

U.S. expansion plan

To manage FDA requirements and outline the best way to market, Triathlon supported a Swedish MedTech company entering the U.S. with the development of a new business model for the U.S. market. The project resulted in an FDA approval and several contracts secured with major hospitals and clinics.

Life Science

Secure project financing

Triathlon supported a startup in need of project funding to verify business concept with a thorough feasibility study through external research and interviews. The work resulted in project funding of 2.5 MEUR for a three-year verification project.

Life science

Market verification beyond the pill

A pharmaceutical client had developed a new innovative product. Triathlon supported the business by analyzing the market attractiveness for their product, resulting in several interested new customers for the client.

Featured Insights

Nucleic Acid Therapies – A Medicinal Revolution

Nucleic acid therapeutics are changing healthcare by offering transformative potential to treat diseases by targeting their genetic blueprints. Ins...

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Emerging Transportation Management Systems

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Democratizing Healthcare by Machine Learning

Machine learning is revolutionizing businesses, through valuable insights, predicted outcomes, and facilitated decision-making. In healthcare, the models efficiently analyze patient data, identify anomalies and offload staff. But besides a reliable algorithm...

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Succeeding in IT and Business Carve-Outs

Executing an IT separation within a business carve-out can be a daunting task for leadership teams. However, by considering the following points, the transformation can be executed with greater efficiency and clarity...

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Co-opetition – Collaborate With Competitors to Get Ahead

Originating from game theory, co-opetition describes how competitors can cooperate to get ahead, or reach a common goal, by working together. Despite its benefits in the prevailing business climate, competitors are – as you might know – often hesitant to collaborate, and as a result, they miss out on favorable opportunities...

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Assessing Environmental Impact With LCA

Organizations meet increased pressure to disclose their environmental impact. A Life Cycle Assessment (LCA) is a standardized methodology that quantifies this impact, providing data for organizations to address the increased demand.

Increased need to quantify environmental impact
Organizations are under increasing pressure to be transparent about their environmental performance. Firstly, the legal reporting requirements are becoming ever stricter, which is illustrated by...

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OKR – An Effective Tool to Drive Goal Achievement

Developed by Intel’s CEO Andy Grove back in the 1970’s, the goal and management method Objectives and Key Results (OKR) has since become the de facto methodology for many tech giants like Google, Amazon and Spotify and is spreading like wildfire across successful startups. The method enables companies achieve their goals by focusing on what is most important – at any given time...

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Supply Chain Resilience in a Market Downturn

The robust growth since the last global recession in 2008/2009 has reached its climax. We are now forced to face a stark new reality as a recession ominously looms in the not-so-distant future. It is hard to deny that the last two years have been challenging from a supply chain perspective, many were caught off-guard and supply chain inefficiencies were mercilessly punished...

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Combining Data Privacy & Machine Learning

The development of computing capabilities during the last decades has enabled organizations to gather and process large amount of data using advanced mac...

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Gain Efficiencies by Product Variant Strategies

When companies extend offerings through product variants, they will face increasing costs and related challenges as the portfolio grows in complexity. Concurrently, variants generate deep customer value and justify higher price points, where mitigation strategies will enable improved lead times and profits gains...

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Triathlon Group’s Industrial Report 2022/23

Triathlon Group’s annual Industrial Report (Verkstadsrapporten) shows that the Western Sweden’s manufacturing industry have recovered after the pandemic. However, high inflation, higher interest rates, continued material shortages and increasing energy prices result in that companies are uncertain about the future demand...

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The M&A Year 2021 in Review and 2022 Outlook

M&A activity in Europe surged in 2021 with more capital spent on acquisitions than any of the previous seven years. After a relatively poor 2020, transaction volumes bounced back to pre-pandemic levels and more. Has the M&A market scaled new heights in Europe?

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Study Shows 3 Enablers for Sustainability Leadership

The global sustainability transformation is rapidly evolving. To enable a successful transformation and ultimately become a sustainability leader, fulfilling organizational prerequisites is key. Based on a study* of companies at the sustainability forefront and interviews with sustainability executives, Triathlon Group has identified three organizational enablers for success...

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A Paradigm Shift Within Digital Services?

Have you ever read the comments field on an article posted on social media? Then you have probably encountered both hatred and the spread of disinformation. Wit...

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Building a Culture of Innovation

Innovation is a key recipe for success, yet most organizations still struggle to generate and execute enough new ideas to the desired level of novelty. The...

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Mandatory Human Rights and Environmental Due Diligence

The long-awaited proposal for an EU Directive on mandatory human rights and environmental due diligence has finally been released, following the increasing global momentum towards socially responsible and sustainable business. A topic that in times like these is ever more relevant.

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Navigating the regulatory space for MedTech AI

Artificial Intelligence (AI) holds unprecedented potential to transform how healthcare is delivered and will be vital to enable qualitative and cost-effective care in the future. However, the regulatory landscape for the intersection between healthcare and AI creates new challenges for innovators. Challenges that need to be successfully managed to launch new AI-medtech.

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What is your contribution to Agenda 2030?

United Nations’ 17 Sustainability Development Goals (SDG) show the direction on how to make an impact on the world’s most urgent societal challenges. These goals aim to mobilize efforts and they call for action to organizations around the globe to use innovation and creativity to combat these challenges.

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Triathlon Group’s Industrial Report 2021/22

Triathlon Group’s annual Industrial Report (Verkstadsrapporten) shows that the Western Sweden’s manufacturing industry was initially hit hard by the COVID-19 pandemic in 2020, but recovery has been rapid and forecasts for the future are positive. However, uncertainties exist on how the cost development of raw materials and transports will progress, which is indicated in this year’s report.

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Infection Control – mapping of strongholds in West Sweden

Following the increased concerns surrounding healthcare-associated infections, Infection prevention and control has become an increasingly more important, and regulated, top priority. A priority that has become even more accentuated during the ongoing coronavirus outbreak.

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Get Topline Impact from Value-Driven Sales

Project sales between businesses are complex and to succeed with a high hit-rate, the sales process needs to turn from a traditional selling with inside-out to an outside-in perspective. By identifying the unique buying points for the customer, new ways of selling are derived that can impact topline results.

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Study on realization of ERP benefits

Expectations on a new ERP-system are often high. However, once the system goes live, studies show that most businesses experience unachieved realizations of their expected benefits.

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The M&A Year 2020 in Review

Heading into 2020, global M&A activity was declining, with both a deal value and deal count falling in 2019 compared to the all time high levels of previous years.

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Eliminate the Skill Gap for Value-Based Sales

A sales force which has the skills to identify and sell value is necessary to meet the challenges with value-based sales.

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