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Foresight is a full-service company with a global alliance of partners.
With approval from your funding agency, a wide range of other support can be
provided so long as our work remains focused on your award winning technology
and we stay within our budget, We have supported thousands of technologies
in all fields of science and engineering and in all sectors of the global
economy. So tell us about your needs and requirements. We will work with you
to design a program that uses our government-provided funding to create the
best value possible.
Some examples include:
Virtual Deal Simulator™
Our Virtual Deal Simulator™ service is designed for those who have already
conducted significant commercialization market research. In this service
we help you identify a specific potential Phase III partner interested in
preliminary discussions leading to negotiations. We also provide advice on
what kind of terms would represent a fair deal. The deal can be for
equity, licensing, sales, alliances, etc.
First, we conduct brief market research to confirm your understanding
of the market dynamics, end-user needs, and competition. Next, we
determine what is likely to be seen as “industry standard” terms based on
reviews of relevant deals in the literature (usually found on fee for
service databases to which we subscribe). This industry analysis provides
a basis for interviews with experts about what they see as fair for a deal
like yours. (As always, we only release non-proprietary information that
you provide us to people with whom you are comfortable making such a
disclosure.) Along the way, we identify potential risk factors which
hinder your negotiation strength and suggest ways to mitigate these risks.
This information is used to develop the term sheet. As with all our
services, there is a debrief/follow-on actions discussion with the analyst
and a senior consultant. If you are new to negotiations and deal-making,
we provide advice as to next steps and things to think about when planning
and conducting negotiations.
Distributors/Sales Representatives and/or Contract
Manufacturing/Engineering/Design
Many smaller awardees lack in-house capabilities to realize their
vision of how to enter the market. We can help you define what you are
looking for in partners, develop requests for proposals for services or
alliances, and locate feasible companies, consultants, and non-profits
interested in responding to a description of your needs.
Marketing Materials
By companies who plan to commercialize via product sales, we have
frequently been asked to help prepare marketing materials. We have a
public relations staff which can conduct these tasks. Brochures,
web-sites, fact sheets, trade show posters, and other marketing material
can be provided at no cost to you to the extent allowed by the
contractually set budget.
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