Life Science IRL
The Life Science IRL project aims to make it easier for life science companies to access the right support throughout their innovation journey. By introducing a shared assessment tool across five innovation support organisations, the project will help provide more targeted support and improve the conditions for innovations to reach the market.
Developing an innovation in the life sciences involves many stages and requirements. It is not just about developing the technology itself, but also addressing areas such as regulatory requirements, business development, funding and sustainability. This can make it difficult for companies and the organisations supporting them to establish a shared understanding of how far an innovation has progressed and what needs to happen next.
Life Science IRL is a sector-specific tool designed to assess and monitor innovation readiness among life science companies. Based on KTH Innovation's Innovation Readiness Level (IRL) framework, the tool has been further developed to reflect the specific requirements and challenges of the life sciences sector.
Objectives and Purpose
The aim is to introduce Life Science IRL across five innovation support organisations and establish a common approach to assessing and monitoring innovation readiness in the life sciences. Through training, methodology development and practical application with companies, the tool will become part of the organisations' day-to-day operations.
The project will also develop guidance on how to use and implement the tool, helping to create a more coordinated innovation support system. Companies will benefit from a shared language and assessment framework, regardless of which support organisation they work with. This will enable more targeted support and improve the opportunities for life science innovations to reach the market and deliver benefits in health and social care.
Project Period
1 November 2026 – 30 June 2028
Funding
The project is funded by Vinnova, Sweden's innovation agency.
Collaboration
The project is coordinated by Leap for Life and delivered in collaboration with DigitalWell Ventures, Medeon, Sahlgrenska Science Park and Compare Karlstad Competence Area.
Sustainable Development Goals
The project contributes to three of the UN Sustainable Development Goals: Goal 3 – Good Health and Well-being, Goal 9 – Industry, Innovation and Infrastructure, and Goal 10 – Reduced Inequalities.
Sustainability is also one of the dimensions assessed within Life Science IRL, helping to evaluate the maturity of innovations from a sustainability perspective.
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