Ecosystem MappingHealth Innovation StrategyEuropeBiopharma

Shortlisting ventures for cardio remote monitoring

A global pharmaceutical wanted to shortlist and prioritise ventures which provided a solution with telemonitoring capabilities, that connects patients suffering from heart failure and physicians (cardiologists). Ventures of interest needed to meet 8 criteria, including having a proven solution in market, be relatively mature (Series A or higher) and be GDPR compliant

Strategic question

A global pharmaceutical wanted to shortlist and prioritise ventures which provided a solution with telemonitoring capabilities, that connects patients suffering from heart failure and physicians (cardiologists). Ventures of interest needed to meet 8 criteria, including having a proven solution in market, be relatively mature (Series A or higher) and be GDPR compliant

How Galen Growth helped

From market signal to decision-ready evidence

Galen Growth combined HealthTech Alpha intelligence with structured ecosystem mapping and health innovation strategy to assess the relevant markets, ventures, and evidence against the client's decision criteria.

Outcomes

Galen Growth delivered a Scouting approach, involving two choreographed sprints – Scan and Profile. Using a Venture Fit scoring matrix, combined with HealthTech Alpha’s proprietary Alpha score, 10 ventures were shortlisted and profiled. The shortlist was then presented to the client for further consultation and refinement. Finally, in-depth profiles of the top 3-5 qualifying ventures were produced for final client selection

Key results

6Number of countries
1Number of Key TAs analysed
160Number of ventures screened criteria
10Number of ventures shortlisted

Our approach

A repeatable path to a defensible decision

1

Define

Clarify the strategic question, decision owner, market boundaries, and success criteria.

2

Map

Identify the relevant ventures, markets, competitors, partnerships, and evidence signals.

3

Assess

Evaluate maturity, traction, clinical relevance, commercial fit, and operational readiness.

4

Decide

Translate the evidence into a shortlist, benchmark, market view, or portfolio recommendation.