MONITORING AT THE HEART OF STRATEGIC MANAGEMENT FOR A HIGH-POTENTIAL START-UP
MONITORING AT THE HEART OF STRATEGIC MANAGEMENT FOR A HIGH-POTENTIAL START-UPFounded in 2020, InjectPower is a company specializing in the production of micro-batteries for medical use, in a market at the cutting edge of new technologies, where innovation is constantly being 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 used the IPMetrix solution to continuously monitor its market, actively track developments, and maintain its lead over the competition.
A look back at a successful collaboration.
INJECTPOWER: THE SMALLEST BATTERY IN THE WORLD
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 issue prevents the design of many implantable medical devices. Conversely, reducing battery size opens the door to numerous advances in medical engineering.
InjectPower has thus developed a new generation of micro-batteries suited to implantable medical devices, a technology protected by around forty patent families and requiring 20 years of research. Today, the company holds worldwide exclusivity in the medical and veterinary sectors.
And Philippe Andreucci fully intends to keep this technological lead, as his company supplies not only the smallest battery in the world, but also the one with the highest energy density. It also has a particularly long lifespan. All of this is made possible by its all-solid-state lithium-ion technology. According to its founder, InjectPower’s goal is simply to “make tomorrow’s medical devices, which today have no functional solution available, ever more active.”
In practice, these miniature, rechargeable batteries are used to power tiny sensors that monitor pressure inside the body. Already functional in animals, they will be tested in humans in 2025 for the treatment and monitoring of glaucoma or hydrocephalus.
A NEED TO ANALYZE THE COMPETITIVE LANDSCAPE AND INTELLECTUAL PROPERTY
A NEED TO ANALYZE THE COMPETITIVE LANDSCAPE AND INTELLECTUAL PROPERTYEven before founding the company, InjectPower’s CEO needed precise information about his competitive and technological environment, and in particular about the intellectual property existing in this field. This was meant to help him better understand and monitor all his competitors worldwide. It was also an opportunity to refine the study of targeted application areas and to arrive at comprehensive strategic market intelligence.
Already familiar with our solutions, he naturally turned to TKM to obtain a mapping and analysis of related patents, carry out a thorough, global analysis, and gain useful, precise information on application fields and other markets that could eventually become accessible to InjectPower.
Philippe Andreucci wanted not only a good mapping of players — whether academic or industrial — but also the ability to observe the dynamics of the past ten years in intellectual property worldwide.
Easily adopted by his team, the software allowed him to quickly gain a solid grasp of what was happening in his innovation ecosystem and then benefit from monitoring with the right level of information.
“These analyses helped clarify our strategic vision, and the monitoring that was naturally set up afterward now allows us to stay up to date!” says Philippe Andreucci.
Satisfied with the monitoring tools provided by TKM Platform, which enabled him to position himself as a leader in his market, InjectPower has indeed kept this monitoring service running continuously since the company was founded.
Naturally, new needs for quick investigations have been entrusted to TKM as new topics or projects developed.
TKM: A COMPLETE, ADAPTABLE SOLUTION FOR YOUR MONITORING
TKM: A COMPLETE, ADAPTABLE SOLUTION FOR YOUR MONITORINGIn 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 areas of investigation to patents alone, far from it.
From the outset, since its development in 2003, TKM’s tools were designed to cover heterogeneous and potentially vast literature, drawn from national, European, and international levels alike. It therefore also includes all scientific publications, specialist press articles, web sources, collaborative project databases, as well as conferences and clinical trials.
This makes it a truly unique solution! The platform brings together all this useful and relevant information related to your strategic questions. This allows you not only to find it all in a single, secure space, but also to share it with your teams and research partners and carry out all the analyses and monitoring you need there.
For start-ups like InjectPower, every minute counts: you need to move fast, while every decision matters! If you target the wrong market, if you blow your first pitch with an investor… in other words, if you don’t have the right information in hand quickly enough, the opportunity may well pass you by.
The market and the competition won’t wait for you. And yet this is also the moment in your project’s life when your human and financial resources are most limited.
In this context, TKM is both a powerful piece of software and a team of highly skilled scientists experienced in innovation, who support you to:
- Make informed strategic decisions;
- Have market and competitive information that will reassure your future investors;
- Objectively assess the innovative nature of your project (compared to the state of the art);
- Demonstrate the strength of your barriers to entry, between patents and confidential know-how;
- Save time by providing precise market data;
- Show your partners and investors that you have a firm grasp of your subject through regular monitoring of your market;
- Detect and uncover opportunities and find the right positioning.
According to Philippe Andreucci, the key elements are highlighted and the right level of information is provided. He adds that TKM Platform is the “most comprehensive software he has ever used, and much simpler to use ” than traditional databases.
“The visualization of key information quickly provides a clear view of the situation, and the way information is presented is smoother and clearer than what can be found in other solutions”.
The collaborative dimension was also an asset for him. As his team grew, “new arrivals gained access to the knowledge base already built up and enriched, and were subscribed to the monitoring right away. They follow news about the market and competitors, information they need to perform well in their roles.”
Another advantage: this investment is lasting. From the very beginning, TKM chose to position itself in the decision-support market, not the data-selling market… Unlike its main competitors, when a client wants to regain independence, everything belongs to them: the document repository, the classifications, the comments…
Innovation is, above all, a mindset focused on sharing!
The main developments and improvements TKM has made to its tools come from suggestions and ongoing dialogue with its clients and partners. InjectPower’s teams have in fact taken part in the co-development of an improved version of the software (formerly IPMetrix), through their feedback, testing several options, and early access to the new version of an interface for sorting and categorizing monitoring information.
Philippe Andreucci,
CEO of InjectPower
THE DAY-TO-DAY RELATIONSHIP: AN ACCESSIBLE, ADAPTABLE SERVICE
THE DAY-TO-DAY RELATIONSHIP: AN ACCESSIBLE, ADAPTABLE SERVICEThe monitoring service offered by TKM is far from limited to sending a monthly monitoring report via the IPMetrix application! The team stands alongside the start-up and is available for any additional question related to the monitoring.
To describe the day-to-day business relationship with TKM, InjectPower’s CEO explains that “the team is always there” whenever he or his colleagues feel the need to dig deeper into a topic, ask a question, or request further analysis.
Philippe Andreucci recalls, for example, asking TKM to check whether an innovation was free of third-party rights. The urgent request was essential to allow him to make an important decision with the right information in hand.
An ad hoc team including staff from both InjectPower and TKM was put together in a short time to respond to his request as quickly as possible: the deal was able to go through!
TKM PLATFORM: A SOLUTION THAT ADAPTS TO YOUR CHALLENGES
TKM PLATFORM: A SOLUTION THAT ADAPTS TO YOUR CHALLENGESIf Philippe Andreucci had to sum up the TKM platform in a single word, it would be flexibility. TKM is in fact one of the few companies to have built an offering tailored to SMEs and start-ups. We know that a start-up needs a monitoring approach even before it launches, with key information to secure funding rounds, clarify its market positioning, or reassure investors and partners.
Philippe Andreucci
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