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| Phase | Description | Timeline | Key Milestones | Stakeholders |
|---|---|---|---|---|
| Research | Initial research and feasibility studies | 2023 Q1 - 2023 Q2 | Research validation, concept approval | Research Team, Regulatory Authorities |
| Development | Product formulation and initial testing | 2023 Q3 - 2024 Q1 | First prototype, lab results | Development Team, Quality Assurance |
| Pilot Testing | Conduct pilot tests and gather data | 2024 Q2 - 2024 Q3 | Pilot tests completed, data analysis | Testing Team, Market Analysts |
| Regulatory Review | Submit for regulatory approval | 2024 Q4 - 2025 Q1 | Regulatory submission, approval | Regulatory Affairs Team, Legal |
| Launch | Official product launch | 2025 Q2 | Market introduction, sales start | Marketing Team, Sales Team |