Can Aparito's Wearable Tech Solve Big Pharma's Billion-Dollar Crisis?
As many as 42% of pediatric clinical trials end up in failure and inconclusive results. "That means we don't know one way or the other if a drug works or not," says Aparito founder Elin Haf Davies. This isn't just a problem for the big pharma companies who are spending billions of dollars developing successful studies. It's a problem for you, the patient, who pays a mark up on medication to cover these costs--and for taxpayers supporting healthcare services like the NHS. "Society as a whole is losing out," notes Davies, a former research nurse for medical institutions like London's Great Ormond Street Hospital.
Jun-12-2018, 11:10:06 GMT
- Country:
- Europe
- United Kingdom > Wales (0.05)
- Germany (0.05)
- Africa > South Africa
- Western Cape > Cape Town (0.05)
- Europe
- Industry:
- Technology: