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Extended Case Study: Prize4Life

Innovation Challenge: Finding a Biomarker for ALS

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To launch their Challenge, Prize4Life worked closely with InnoCentive to articulate the problem in a way that would provide the highest likelihood of success. The Grand Challenge was posted on InnoCentive’s cloud-based open innovation and crowdsourcing platform and made available to InnoCentive’s 250,000+ registered Solvers and millions of potential Solvers via InnoCentive’s partnerships with organizations including Nature Publishing Group. Nearly 3,000 Solvers from dozens of countries participated in the Challenge. In the end, 12 Solvers submitted solutions for the $1 Million prize.

Why Challenge Driven Innovation?

Inside, you’ll find:

  • A quick snapshot of the Innovation Challenge run by Prize4Life using InnoCentive’s Challenge Driven Innovation framework
  • The Challenge: Find a Biomarker for ALS
  • An in-depth look at the solution: New Applications for Electrical Current
  • The results: how Prize4Life benefited by crowdsourcing their innovation efforts

Who Should Read This eBook?

If you’re a senior leader with managerial oversight or influence over your organization’s innovation initiatives or R&D function, this guide will provide you with fresh, new ideas and methods for tackling complex business problems and innovation challenges.

“Working with InnoCentive expanded our reach to new minds around the world, which would have been inaccessible without this partnership. When we launched what we thought was a neuroscience Challenge we certainly didn’t expect some of the most exciting ideas to come from the fields of dermatology, chemistry, and plant biology and yet that’s what happened. InnoCentive’s Solver network is unparalleled.”

 Melanie Leitner, Ph.D., Chief Scientific Officer, Prize4Life 

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