Investor Connect Podcast

Research Question Frameworks for Biotech

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Biotech startups must show the efficacy of their solution.

Here are several research frameworks that biotech and medical device startups can use:

PICO 

P -- Population/Problem

I -- Intervention/Exposure

C -- Comparison

O -- Outcome

This is useful for quantitative research.

Here’s an example:

Our prosthetic limb (intervention) compared to the competition (comparison) improved mobility by 2X (outcome) for elderly amputees (population).

SPICE

S -- Setting

P -- Perspective

I -- Intervention

C -- Comparison

E -- Evaluation 

What are the benefits (evaluation) of preventing pneumonia (intervention) for elderly patients with cancer (perspective) in the hospital (setting) compared to no support (comparison)?

Finally, 

SPIDER

S -- Sample

PI -- Phenomenon of interest

D -- Design

E -- Evaluation  

R -- Study Type

What are the outcomes (evaluation) of children (sample) undergoing COVID vaccinations (phenomenon of interest) using multiple vaccines (design) in a double-blind clinical trial (study type).

Consider using these frameworks to present your results to investors.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Direct download: 01.research_question_frameworks_for_biotech.mp3
Category:general -- posted at: 5:00am CST