Injectsense, Injectpower Secure $9.4 Million for Ultra-Mini Implantable Device

<p id&equals;"temp&lowbar;ReleaseStart"><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">EMERYVILLE&comma; CA<&sol;span> and GRENOBLE&comma; <span class&equals;"xn-location">France<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4026798-1&amp&semi;h&equals;3741474806&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;injectsense&period;com&percnt;2F&amp&semi;a&equals;Injectsense&plus;Inc" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Injectsense Inc<&sol;a>&period;&comma; a sensor-enabled digital health company&comma; and sister company <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4026798-1&amp&semi;h&equals;2784579380&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;injectpwr&period;com&percnt;2F&amp&semi;a&equals;Injectpower" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Injectpower<&sol;a>&comma; a developer of ultra-miniature solid-state microbatteries for medical applications&comma; have announced combined funding of <span class&equals;"xn-money">&dollar;9&period;4 million<&sol;span> to bring highly integrated autonomous implantable devices – smaller than a grain of rice &&num;8212&semi; to production&period;<&sol;p>&NewLine;<p>The companies have operations in Emeryville and France&period;<&sol;p>&NewLine;<p>&lbrack;<strong>Photo above<&sol;strong>&colon; Injectpower&&num;8217&semi;s solid-state microbattery for implantables or existing medical devices&period; The rechargeable lithium microbatteries can be as thin as a human hair and offer energy densities 5 to 10 times greater than current commercial capability and a lifetime of several thousands of cycles&period;&rsqb;<&sol;p>&NewLine;<p class&equals;"prntal">The implantable sensors&comma; which monitor key indicators over decades&comma; offer a disruptive capability at a time when most diagnostic tools are a mere static snapshot&period; Physiological markers are typically dynamic and vary widely over a 24-hour period&period; Such is the case with glaucoma&comma; where intraocular pressure &lpar;IOP&rpar; is measured in the doctor&&num;8217&semi;s office during daylight hours&period; Injectsense sensors measure IOP continuously&comma; even during sleep&comma; when pressure can spike significantly and cause vision loss over the long term&period;<&sol;p>&NewLine;<p class&equals;"prntal">The funds will serve to further consolidate the two companies&&num;8217&semi; combined global supply infrastructure to create an advanced medical device cluster for implantables based in <span class&equals;"xn-location">France<&sol;span>&period; The cluster will streamline business opportunities&comma; enable improved supply chain management&comma; and support Injectsense&&num;8217&semi;s <span class&equals;"xn-chron">February 2024<&sol;span> first-in-human studies for sensors that continuously measure intraocular pressure &lpar;IOP&rpar;&period;<&sol;p>&NewLine;<p class&equals;"prntal">Injectsense already produces hundreds of prototype devices and is ramping up to thousands in 2024&period; Besides IOP sensors&comma; it is also producing sensors for intracranial pressure &lpar;ICP&rpar; measurement and is building a path to cardiovascular pressure monitoring applications&period;<&sol;p>&NewLine;<p class&equals;"prntal">The funding consists of a <span class&equals;"xn-money">&dollar;2&period;5 million<&sol;span> bridge investment from private investors for Injectsense as it moves into clinical IOP studies and final product development incorporating rigorous quality management systems&period; The funding also includes €6&period;5M &lpar;<span class&equals;"xn-money">US&dollar;7M<&sol;span>&rpar; for Injectpower&comma; which is readying its energy-dense&comma; solid-state lithium-ion technology for transfer to production&period;<&sol;p>&NewLine;<p class&equals;"prntal">&&num;8220&semi;As a company driven by worldwide medical needs including learning more about the pathology of glaucoma&comma; our infrastructure to support production must be global&comma;&&num;8221&semi; said <span class&equals;"xn-person">Ariel Cao<&sol;span>&comma; CEO&sol;president and co-founder&comma; Injectsense Inc&period; &&num;8220&semi;We are excited to be moving towards full-scale battery production with the unique capabilities of Injectpower in our medical supply chain cluster&comma; which will support our work in human clinical studies&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"prntal"><b>Injectsense funding use<&sol;b><&sol;p>&NewLine;<p class&equals;"prntal">Injectsense has provided sensors to <span class&equals;"xn-org">Johns Hopkins University&&num;8217&semi;s<&sol;span> Wilmer Eye Institute for animal testing under the guidance of Dr&period; <span class&equals;"xn-person">Thomas Johnson III<&sol;span>&comma; M&period;D&period; The Institute is currently completing its study&period; The company used recent funding from the NIH for the latest iteration of its sensor&period; This version will be used for first-in-human studies by Dr&period; <span class&equals;"xn-person">Juan Jose Mura<&sol;span> in <span class&equals;"xn-location">Santiago&comma; Chile<&sol;span>&period; The study will be conducted over months&comma; with data available in late spring &lpar;and earlier for Injectsense&&num;8217&semi;s ophthalmic device partner&rpar;&comma; with the aim of collecting long-term safety and clinical data&period;<&sol;p>&NewLine;<p class&equals;"prntal">The study will allow Injectsense to finalize its product development under its quality system for ramp-up to clinical studies in 2025&period; The Injectsense board of medical advisors&comma; including glaucoma specialists from leading medical institutions&comma; actively contribute on design considerations and in particular safety aspects of the in-office delivery and self-anchoring procedure&period; The final product&comma; iOP-Connect™&comma; will offer continuous and autonomous long-term measurement of IOP 24&sol;7 over decades&comma; with weekly recharging and data uploads&period; The iOP-Connect data analysis software will identify clinically actionable information based on parameters specified by the physician&period;<&sol;p>&NewLine;<p class&equals;"prntal"><b>Injectpower funding use<&sol;b><&sol;p>&NewLine;<p class&equals;"prntal">Injectpower funding comes from private and commercial investors that include <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4026798-1&amp&semi;h&equals;3152947888&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;groupeidec&period;com&percnt;2Fen&percnt;2F&amp&semi;a&equals;the&plus;IDEC&plus;Group" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">the IDEC Group<&sol;a>&comma; business angels from the French Silicon Valley as well as <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4026798-1&amp&semi;h&equals;313966837&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;bpifrance&period;com&percnt;2F&amp&semi;a&equals;Bpifrance" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Bpifrance<&sol;a> and banking partners&period; The company was founded in 2020 based on 20 years of technology development at French research institute CEA&comma; and more than 40 patents&period; Injectpower aims to catalyze the energy storage market for medical implants&period; The company is building a proprietary 200mm MEMS fabrication facility in Grenoble&comma; <span class&equals;"xn-location">France<&sol;span>&comma; that will produce the batteries and other components&period;<&sol;p>&NewLine;<p class&equals;"prntal">The company&&num;8217&semi;s technology enables customization of rechargeable lithium microbatteries as thin as a human hair&period; The batteries are safe and among the smallest and most integrated on the market today&comma; offering energy densities 5 to 10 times greater than current commercial capability&comma; high reliability and a lifetime of several thousands of cycles&period; The first components have already been developed&comma; characterized and tested on a pre-commercial 200mm microelectronic supply chain with support from CEA&sol;LETI&comma; for Injectsense&period;<&sol;p>&NewLine;<p class&equals;"prntal">&&num;8220&semi;We are convinced that the Injectpower solution is a game-changer in energy storage for medical applications&comma;&&num;8221&semi; said <span class&equals;"xn-person">Patrice Lafargue<&sol;span>&comma; president&comma; IDEC Group&comma; the leading investor in Injectpower through its investment fund Groupe IDEC Invest Innovation&comma; and a major player in the pharmaceutical and cosmetics sector through its subsidiary IDEC Health&period; &&num;8220&semi;Their vision addresses a true gap in this sector&period; We want to help the company to ready its product line and support them as they deploy this commercial tool in <span class&equals;"xn-location">France<&sol;span>&period;&&num;8221&semi;<&sol;p>&NewLine;

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