IDA adds Herbal Medicines Expertise to Offerings
Associate consultant Chantel McGrath (BA, BSC) joins the IDA team. She is a fully qualified medical herbalist and who provides regulatory consultancy on the herbal medicine sector. She has 5 years of experience in producing market research and analysis reports and has built a strong reputation for delivering concise market intelligence and analysis-for clients keen to understand market entry opportunities and barriers in the UK and overseas, with a strength in finding information that is not readily available; simplifying complex legal, planning and financial processes and providing clients with comprehensive contact lists for target markets.
Her most recent work includes drafting National Institute of Medical Herbalist’s Joint-UK wide consultation on the Report to Ministers from the Department of Health steering Group on the Statutory Regulation of Practitioners of Herbal Medicine, Traditional Chinese Medicine and Other Traditional Medicine Systems Practised in the UK and working as a regulatory and legislation advisor on herbal medicines to the various lobbying organisations.
Key Services
- Advice and strategy on the regulatory process involved introducing herbal products through the Traditional Herbal Medicines Registration Scheme (THMRS), including finding scientific peer review research on specific herbs. Market research and planning for herbal medicine drug introduction and practice.
- Country Market reports: Providing an overview of the political and economic climate & medical markets, Healthcare systems, regulatory environment, Legal and policy requirements, trade and business organisations, forms of distribution, general market growth forecasts and Public funding, market support mechanisms and Private investment opportunities, R & D initiatives and the competitors, Providing a contacts database of key decision makers within government departments, research institutions, trade and business organisations and manufacturers.
- Competitor Reports: Profiles and analysis, covering key commercial indicators such as: product development, market placement, technological or biotechnical viability, consent status, staffing, published company accounts, funding & investment and full analysis of the client’s position within this market.
- Design and Concept Reports: Providing the history and evolution of a product and reporting on the predictable and future innovations to aid product conception and development.
- Advertising Support: Photo research and slogans for products, advertising copy and design, flyer design, promotional materials and recruitment drives.