Proof of Usefulness Report

Life Sciences Hub Wales

Analysis completed on 1/25/2026

+53
Proof of Usefulness Score
You're In Business

Life Sciences Hub Wales is a legitimate, government-backed organization facilitating health innovation in Wales, with verifiable impact (e.g., 64k patients assisted). However, the submission itself is of very low quality, containing significant red flags and false claims (e.g., 'most people have used my product', 'everyone' as audience). The description incorrectly cites a 2024 launch for a 2014 entity, and financial metrics are mislabeled (market cap vs. likely cumulative funding). The score reflects the high real-world utility of the actual entity, heavily penalized by the lack of credible evidence and professionalism in the submission data.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+20.0
Technical Innovation+50.0
Evidence Of Traction+30.0
Market Timing Relevance+70.0
Functional Completeness+5.0
Subtotal+47.5
Usefulness Multiplierx1.12
Final Score+53

Project Details

Project URL
lshubwales.com
Description
LifeSciencesHub is a global collaboration platform for experts and professionals in the industry to connect and drive innovation in partnership with life sciences companies. LifeSciencesHub caters to Pharmaceutical, Biotechnology, and Medical Device companies, as well as healthcare providers, academia, health technology companies and clinical research organizations. Our vision is to build a new kind of approach to collaboration and innovation in the life sciences industry and make a meaningful difference for all stakeholders. Companies can post projects and request services from individuals or entities with fitting expertise. LifeSciencesHub will go-live in August 2024.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline