MONITORING AT THE HEART OF THE STRATEGIC MANAGEMENT OF A START-UP WITH HIGH POTENTIAL
Founded in 2020, InjectPower is a company specializing in the production of micro-batteries intended for medical use. In a market at the forefront of new technologies, where innovation is constantly challenged.
Philippe Andreucci, founder and CEO of InjectPower, began his collaboration with TKM even before the company was founded . Indeed, for more than 5 years the company has been using the IPMetrix solution to constantly monitor its market, actively monitor and maintain its lead over the competition.
A look back at a successful collaboration.
INJECTPOWER: THE SMALLEST BATTERY IN THE WORLD
It all starts with a simple observation: 80% of the volume of an active implantable medical device comes from its battery. This major problem prevents the design of a large number of implantable medical devices. Conversely, reducing the size of batteries opens the door to numerous advances in medical engineering.
InjectPower has thus developed a new generation of micro-batteries adapted to implantable medical devices, a technology protected by around forty patent families and which required 20 years of research. Today, the company holds global exclusivity in the medical and veterinary sector.
And Philippe Andreucci intends to keep this technological lead, because his company not only provides the smallest battery in the world, but also the one that offers the highest energy density. It also has a particularly long lifespan. All this is made possible thanks to its all-solid lithium-ion technology. According to its founder, InjectPower's objective is quite simply to “ make tomorrow's medical devices which, today, have no functional solution available, increasingly active . »
In practice, these miniature, rechargeable batteries are used to power tiny sensors that monitor pressure in the body. Already functional in animals, they will be tested in humans in 2025 for the treatment and monitoring of glaucoma or even hydrocephalus.
A NEED FOR ANALYSIS OF THE COMPETITIVE LANDSCAPE AND INTELLECTUAL PROPERTY
Even before founding the company, the manager of InjectPower needed precise information on its competitive and technological environment , and in particular on the intellectual property in this field. This should allow it to better understand how to monitor all of its competitors on an international scale. It was also an opportunity to refine the study of the intended application targets and to achieve an overall strategic intelligence of its market.
Already familiar with the IPmetrix solution, he naturally turned to TKM to obtain a mapping and analysis of nearby patents, carry out an in-depth analysis at a global level and have useful and precise information on application areas and other markets. accessible in the long term for InjectPower.
Philippe Andreucci wanted not only to have a good map of the players – whether academic or industrial – but also to be able to observe the dynamics over the last ten years in terms of intellectual property at a global level.
Easily handled by its team , the software allowed it to quickly acquire a good grasp of what is happening in the ecosystem of its innovation and then to have monitoring with the right level of information.
“ These analyzes helped to clarify our strategic vision and the monitoring that was then naturally put in place now allows us to stay up to date ! », says Philippe Andreucci.
Satisfied by the monitoring tools provided by IPMetrix which allowed it to position itself as a leader in its market , InjectPower then maintained this monitoring service which has continued since the creation of the company.
Of course, new rapid investigation needs have been entrusted to TKM as new subjects or projects are developed.
TKM: A COMPLETE AND ADAPTABLE SOLUTION FOR YOUR MONITORING
In the medical sector, hundreds of patent applications are filed and new scientific articles are published every day, whether in Europe or around the world. TKM does not limit its fields of investigation to the sole field of patents , far from it.
From the outset, from its conception in 2003, IPMetrix was designed to focus on a heterogeneous and potentially voluminous literature, since it is drawn from the national, European but also international level. It therefore also integrates all scientific publications , specialized press articles , web sources , collaborative project databases , but also conferences and even clinical trials.
Which makes it a truly unique solution! The software thus brings together all this useful and relevant information relating to your strategic questions. This allows you not only to find them in a single and secure space, but also to share them with your teams and your research partners and to carry out all the analyzes and monitoring you need.
For start-ups like InjectPower, every minute counts: you have to move quickly, even though every decision is important! If you target the wrong market, if you miss your first pitch with an investor... in other words if you don't have the right information in your hands quickly enough, your luck may pass.
The market and the competition will not wait for you. And yet it is also the moment in the life of your project when your human and financial resources are most limited.
In this context, TKM is both powerful software, but also a team of high-level scientists experienced in innovation who support you to:
- informed strategic decisions ;
- Have information on the market and competition that will reassure your future investors;
- Objectify the innovative nature of your project (compared to the state of the art);
- Demonstrate the strength of your entry barriers between patents and secret know-how;
- Save time by providing precise market information;
- Demonstrate to your partners and investors that you master your subject through regular monitoring of your market;
- Detect and unearth opportunities and find the right positioning.
According to Philippe Andreucci, the key elements are highlighted, the right level of information is provided. He adds that IPMetrix is the “ most comprehensive software he has ever used and much easier to use ” than traditional databases.
« The visualization of key information quickly allows you to have a clear vision of the situation and the presentation of the information is more fluid and clear than what can be found in other solutions ».
The collaborative dimension was also an asset for him. As his team grew, “newcomers had access to the knowledge base already accumulated and enriched and were immediately subscribed to the monitoring. They follow market and competitor news, information they need to perform well in their missions. »
Another advantage: this investment is sustainable . TKM has in fact chosen to position itself from its beginnings on the decision support market, not that of data sales... Unlike its main competitors, when a client wishes to regain its independence, the documentary collection, the classifications, comments… everything belongs to him.
Innovation is above all a state of mind oriented towards sharing !
The main developments and improvements made by TKM to its tools come from suggestions and a permanent exchange with its customers and partners. The InjectPower teams also participated in the co-construction of an improved version of IPMetrix , through their feedback, the testing of several options and preview access to the new version of an interface for sorting and categorizing information from monitoring.
Philippe Andreucci,
Managing Director of InjectPower
DAILY RELATIONSHIPS: AN ACCESSIBLE AND ADAPTABLE SERVICE
The monitoring service offered by TKM does not only materialize by sending a monitoring report each month via the IPMetrix application: far from it! The team stands alongside the start-up and is available for any additional questions related to the day before.
To qualify the daily commercial relationship with TKM, the manager of InjectPower specifies that " the team is always there ", if his colleagues or himself feel the need to explore a subject in more depth, ask a question or request a request. additional analysis.
Philippe Andreucci remembers, for example, having contacted TKM to check whether an innovation was royalty-free. The urgent request was essential to enable him to make an important decision with the right information.
An ad hoc team including employees from InjectPower and TKM was set up in a short time to respond to his request as quickly as possible: the deal could be done!
IPmetrix: A SOLUTION THAT ADAPTS TO YOUR CHALLENGES
If Philippe Andreucci had to choose only one word to describe the IPMetrix solution, it would be flexibility . Indeed, TKM is one of the rare companies to have built an offer adapted to SMEs and start-ups . We are aware that a start-up needs a monitoring process even before it starts, with key information to ensure fundraising, clarify its market positioning or to reassure investors and partners.
Philippe Andreucci
Would you also like to be supported in your monitoring process and in your decision-making? Request a demo!
