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| Phase | Description | Timeline | Key Milestones | Stakeholders |
|---|---|---|---|---|
| Research | Initial studies on application and efficacy. | Q1 2023 | Literature review completion | Research Team |
| Development | Formulation development and lab trials. | Q2-Q3 2023 | Prototype creation | Development Team |
| Testing | Safety and efficacy testing. | Q4 2023 - Q1 2024 | Testing report finalization | Quality Assurance Team |
| Regulatory | Preparation of submission documents. | Q2 2024 | Submission to regulatory bodies | Regulatory Affairs Team |
| Production | Scaling up production processes. | Q3 2024 | Production line setup | Manufacturing Team |
| Launch | Product launch and marketing strategy execution. | Q1 2025 | Successful product launch | Marketing Team |