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Theranostic-Focused Business Development and Scientific Forum
Theranostics Starts Here
Theranostics promises to add many new precise and powerful therapies to treat different cancers. Wisconsin has a unique opportunity to be a leadership in the research, clinical use, manufacturing, supply and distribution of theranostics agents. Our research institutions are at the forefront of research into radiopharmaceutical, human oncology, and imaging; our regional industries are leaders in established as well as emerging tech ologies that are core to diagnosing and treating cancers; and our region excels at manufacturing at scale.
Under the guidance of the Wisconsin BioHealth Tech Hub, and with the support of academic and industrial partners, we are proposing a regional effort that will build a powerhouse regional engine that can help develop, scale, and product these new agents;
- Leverage the world-class clinical and scientific research expertise in our region to help develop and advance theranostics in the state of WI;
- Lead the anchoring of critical production elements to protect our national health security;
- Develop a production and distribution infrastructure that can efficiently scale the output and cost effectiveness, and thereby speed the adoption and growth of these new therapies;
- Plan for the deployment of the innovative technologies that will enable the end-to-end clinical realization of this future aspirational future.
We will convene a business development meeting specifically to advance WI as a leader in theranostics and explore the above points.
To achieve these goals, we will focus on three working segments for our forum:
Segment 1 - Define the Key Problem(s) to Solve – “If I were given one hour to save the planet, I would spend 59 minutes defining the problem and one minute resolving it”
Segment 2 – Brainstorm and Select Top Solutions - "Every problem has in it the seeds of its own solution”
Segment 3 – Plan for Creating our WI Advantage and Business Strategy - “If you do not know where you are going, every road will get you nowhere”
Agenda
Review outputs from June 4/5 Slido questions, reframe as barriers or challenges to success – start with the following:
Capacity, Cost, Infrastructure, Workforce, Collaboration/ Partnerships
Pulse team: Agreed on these? Any additions?
Break into 5 or more teams - Aim for 8 – 10 participants per team.
Define the breakout team exercise – Each team to work on a fishbone (cause and effect) - Fishbone diagrams are commonly used in healthcare for root cause analysis (RCA) to identify and analyze potential causes of problems
Fishbone goal & output for teams:
1) Identify what are the top 1 – 3 area(s) where we need to work TOGETHER to solve a problem to achieve the vision.
2) Identify other areas that will need to be addressed - might not need the whole group, or might need help from others outside this group and place in parking lot
3) Deep dive on 2-3 key barriers to this problem and do 5-Whys on each (or at least the top one)
How do we want to solve top problems – Select solutions that are within our ability to solve.
Parking lot/partners needed to solve other problems
1) 1 hour - Brainstorm Solutions to the top problems in each breakout group. If there are overlaps on problems between teams, we will combine or mix up teams.
2) 30 minutes - Each solution will be “voted” on with dots – each person gets 5 dots and places them on the top solution/ action on flipchart – 1 dot per flipchart.
Outline areas where we need to make our case:
1. National Security implications – Address the U.S. based advantage
2. Economic development and business case - Potential for investors/Funding
3. Partnerships / Scope – Commitments needed
4. Marketing / Op Eds/ White Paper Planning
+ Any other areas?
Define 4+ teams - For each area, define:
- Who are the stakeholders to be convinced/ partners?
- What are our regional advantages? How do we highlight these?
- What are our barriers? What do we need to overcome these?
- What are the key next steps?