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| Research Stage | Description | Time Frame | Key Milestones |
|---|---|---|---|
| Concept Development | Initial idea generation and feasibility analysis. | 0-6 months | Idea Validation, Market Research |
| Prototype Creation | Development of a working prototype for testing. | 6-12 months | Prototype Testing, Modifications |
| Clinical Trials | Conducting clinical trials to ensure safety and efficacy. | 12-24 months | Trial Phases I-III, Data Collection |
| Regulatory Approval | Submission for regulatory review and approval. | 24-30 months | Submission Complete, Approval Received |
| Market Launch | Official launch of the product to the market. | 30-36 months | Marketing Campaign, Distribution Setup |