MedicaSafe, an emerging-growth company, is working toward an innovative new approach to prescription drug abuse, addressing the opioid dependency crisis in the U.S. while also providing a breakthrough approach to outpatient therapy. The company seeks to introduce the ability for healthcare professionals to track patients and ensure medication compliance with its new smart dispenser.
Pain is a serious public health problem in the United States, with an estimated 100 million Americans experiencing chronic pain. This has led to a dramatic increase in the number of people addicted to prescription opioids. According to a 2012 Health and Human Services study, more than 2.1 million people in the United States suffer from substance use disorders related to prescription opioids. Each day, over 1,000 people are treated in emergency rooms for the misuse of prescription opioids.
The abuse of opioids is a growing national epidemic, affecting the health, social and economic welfare of our society. To combat this, pharmaceutical companies have developed drugs like buprenorphine to treat addiction and curtail cravings. As a result, opioid dependency is now largely treated on an out-patient basis. However, many doctors, clinicians and other healthcare professionals struggle with maximizing the potential of this new treatment due to concerns with medication diversion and a lack of monitoring patient use.
MedicaSafe, has received several grants by the National Institutes of Health (NIH) to develop a technology to solve these issues, improving patient outcomes and reducing the burden of healthcare overall. The company has patented a tamper-resistant pill dispenser, allowing a patient to access medication by entering a unique passcode. The device guides and monitors patients with granular adherence data and regular check-ins. The device also allows for a daily pill limit, reducing diversion, and reports the patient’s use to physicians over each phase of treatment.
MedicaSafe’s product is sure to revolutionize the way doctors and other healthcare professionals treat, oversee and track patient’s medication use, while curbing prescription drug overdoses and lowering the risk of abuse in the process.