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Commercialisation

Commercialisation

On completion of the business case and proof of concept, further funding for clinical trials will be sought via grants and/or a potential commercial partner, in order to build a full regulatory and evidence package to achieve commercialisation and take the idea and diffuse it across the NHS and other healthcare markets globally. Having identified a suitable commercial partner, appropriate licensing agreements will then be developed and put in place that ensure the Trust receives royalty payments and revenue starts to flow back into the Trust to support further innovations.