Opportunity Evaluation Studies are for applications of Cardea technology that are truly novel, where we need to determine technological feasibility in the lab. Examples would include targeting a new type of biology or sample matrix. Given that we have tested a wide range of biology and sample types, many applications do not require this initial feasibility testing and can move right to commercialization.
We perform these studies if needed right after contract execution to quickly determine the technological feasibility of a potential product. Since every partnership must be a win-win or no-deal – our interests are aligned to reach a go/no-go decision point quickly and efficiently. Like you, we will only be motivated to move forward if a product shows promise.