Periodic Reporting for period 1 - Envue (Business strategy of nanofluidic chips for next-generation bioanalysis solutions to develop future medicines)
Reporting period: 2023-07-01 to 2024-04-30
(i) the nanofluidic chip production process,
(ii) business development, and business model,
(iii) intellectual property analysis and strategy,
Main achievements:
(i) successfully optimized nanofluidic chip production processes, achieving increased yield from 75% to 90%,
(ii) developed an updated business model that aligned better with market demands and findings,
(iii) conducted patent analyses and recommendations for an IP strategy forward.
Key needs for further success include support for extensive product development, global commercialization, ongoing IP management, fundraising, and regulatory alignment.