A staggering $42 billion is wasted globally each year due to medication errors and that's not the most alarming part. What's truly concerning is that most of these errors are preventable! The World Health Organization data shows that over half of healthcare harm, particularly medication errors, can be avoided. At Tiga Healthcare Technologies, we prioritize patient safety and develop healthcare IT products with a systemic approach, minimizing inefficiencies and preventing errors at the root cause. In 2010, we developed the first of its kind, the Pharmaceutical Track & Trace System, branded as DrugXafe, to achieve a reliable pharmaceutical supply chain with an end-to-end system. This innovative system uses 2D Data Matrix codes to track and trace each single drug box from production lines all the way to patients. It currently operates in three countries in collaboration with ministries of health, drug regulatory bodies and a pharmaceutical supply chain network of over 65,000 stakeholders, such as pharmacies, consumption centers, manufacturers, wholesalers and reimbursement institutions. We innovate advanced healthcare IT technologies to empower safer medication use and prevent medication-caused healthcare errors, upholding the WHO's 'First, do not harm' principle for a healthier future. Let's shape the future together, as always! For further insights: https://lnkd.in/d69gS5yC #Tiga #HealthcareIT #PharmaIT #DrugXafe #DrugTraceability
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Exploring the Depth of Patient Involvement in Safety Research: A Systematic Review A systematic review revealed that the reporting of patient and public involvement (PPI) in patient safety research is lacking. The study used the GRIPP2 criteria to assess the prevalence and quality of PPI reporting in studies focused on medication safety, general patient safety, and fall prevention. Out of 8561 retrieved studies, only 6.1% adhered to the GRIPP2 standards. The review found a need for deeper engagement strategies and emphasized the importance of improving guideline adherence to enhance transparency and impact. Stricter reporting guidelines are needed to ensure that patient and public contributions are meaningful in research outcomes. For more details please click the link! https://lnkd.in/g-DDBiYi #marketaccess #reimbursement #pricing #hta #heor #healtheconomics #medicaldevices #pharmaceutical
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Increasing medication adherence rates is a global challenge for the consumer healthcare and the pharmaceutical industries. If people took their medication correctly, they’d get better, faster. So why is it so hard to make it happen in reality? Read this case study, in the Consumer Health Hub, to understand how Innovia Technology helped our client to get a step ahead by identifying actions to improve patient medication adherence. https://lnkd.in/ey2fbgJ9 #ConsumerHealth #Medication #Behaviour
Driving adherence to taking medication. How hard can it be?
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What Can The Pharma Industry Do To Tackle Fake Medicines? In a world where counterfeit medicines increasingly endanger public health, what pivotal actions can the pharmaceutical sector take to confront this crisis? Dive into the final episode of PharmTalks, where we examine the concerted strategies and cutting-edge solutions at play within the industry. The sophistication of counterfeit medications necessitates advanced and multifaceted counteractions, and knowing what to do is the first step! #counterfeitmedicine #fake #medicine #indianpharma #mrmed #trending #awareness
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Read about the importance of user friendly oral dosage forms.
$100-290 billion in the US, and €1.25 billion in Europe… 📈 That’s the startling annual cost of non-adherence to medication. ⭐And it has EVERYTHING to do with the dosage forms you choose for your oral medicines⭐ Let’s take a deeper look: 👉🏻While swallowing is natural and intuitive, it is a highly complex process. And that means swallowing difficulties are rather common. In fact, as much as 50% of the global population struggles to swallow traditional tablets and capsules, with patients complaining that tablets ◼️ are too big to swallow ◼️ get stuck in the throat ◼️ have an unpleasant taste or odor. This means many patients miss doses or simply stop taking their medicines altogether, which can have serious impacts on healthcare systems. So, what can forward-thinking pharmaceutical companies do? How can they alleviate this problem while opening new opportunities to differentiate themselves from competitors? Find out in this study https://lnkd.in/eCY_mdZB #pharmaceuticalmanufacturing #patientcentricity #formulationdevelopment
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𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐔.𝐒. 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐓𝐫𝐞𝐧𝐝𝐬 & 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/duaMcwUa The U.S. Pharmacy Benefit Management (PBM) industry is undergoing significant changes as the demand for affordable prescription drug management grows. PBMs play a vital role in negotiating drug prices, managing formularies, and ensuring patients have access to essential medications. With rising healthcare costs, PBMs are focusing on reducing out-of-pocket expenses for patients while improving medication adherence and outcomes. As more employers and insurers emphasize cost control, PBMs are increasingly utilizing advanced analytics and AI-driven solutions to streamline operations and enhance value. 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬: 𝐂𝐨𝐬𝐭 𝐂𝐨𝐧𝐭𝐫𝐨𝐥: PBMs are key to negotiating discounts with pharmaceutical manufacturers, helping to lower the costs of prescription drugs for consumers and payers alike. Their ability to manage formularies effectively ensures that patients get the best treatment at the most affordable price. 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: With advancements in data analytics, PBMs are leveraging real-time data to improve drug utilization management and personalize patient care, ensuring medications are safe, effective, and cost-efficient. #PharmacyBenefitManagement #PBM #HealthcareCosts #PrescriptionManagement #PharmacyServices #MedicationAccess #HealthcareSavings #DrugCostManagement #HealthPlans #PatientCare #PrescriptionBenefits #HealthcareInnovation #HealthcarePayers #PharmacyCare #PharmaceuticalManagement
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Quality! Why is it so important in Pharmaceuticals.. At the forefront of the pharmaceutical industry is quality. It's not just a rule, but a duty to ensure that patients receive the best possible medication. We prioritize your safety by adhering to strict quality standards, giving you the confidence you need in your prescribed medicines. We follow the rules set by global health authorities to maintain the highest standards in the industry. By doing so, we not only meet regulatory requirements but also deliver the best possible care to our patients. Trust is crucial in healthcare. Our quality assurance practices and documentation build trust between healthcare professionals and patients. When you trust your medication, sticking to the treatment plan becomes easier, ensuring positive health results. Investing in quality is not just good for patients, but also for business. By providing high-quality medications, we build a solid reputation and become a reliable choice in the market. It's not just about following the rules; it's about running things well and avoiding mistakes. Join us in the conversation towards top-notch, reliable medications and smarter healthcare. Your thoughts matter in ensuring a healthier and safer tomorrow. #Hrushikeshbelapurkar #QualityInPharma #SafetyFirst #ReliableMeds #SmartHealthcare
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#Brazil is the most important healthcare market in #LatinAmerica, spending about 9.47% of its #GDP on health https://lnkd.in/gTbKreRf #pharma #pharmaceutical #Science #TeleMedicine #news #media #medicine #digitalhealth #PersonalizedMedicine #Europe #patientcare #healthcare #MedComms #MedicalAffairs #Medical #PatientSafety
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In the world of healthcare, pharmacists are the bridge between medicine and patients. #PharmaceuticalAPI, #PharmaFinished #MarketReport #Research #WorldPharmacistsDay
Happy World Pharmacists Day to the unsung heroes who play a pivotal role in our healthcare system! 🌍💊 Today, we honour the remarkable contributions of pharmacists in safeguarding global health. From ensuring the quality and safety of medications to offering expert guidance to patients, pharmacists are the cornerstone of healthcare innovation and patient well-being. In a rapidly evolving pharmaceutical landscape, pharmacists are driving transformative changes, from advancing drug development and personalized medicine to shaping global healthcare strategies. Their expertise goes beyond dispensing medicines, they are leaders in health management and pioneers in improving patient outcomes worldwide. As a market research company, we are committed to empowering this vital industry by providing actionable insights into pharmaceutical trends. We help businesses and healthcare providers navigate complexities, explore new opportunities, and stay ahead of the curve. To all the pharmacists out there—thank you for your unwavering dedication, innovation, and compassion. You are making the world a healthier, safer place, one patient at a time! Email: sales@staticatemarketresearch.com Web: https://lnkd.in/gJsbHybk #WorldPharmacistsDay #HealthcareChampions #PharmaceuticalLeadership #InnovatingHealthcare #PharmacyExcellence #PharmaceuticalAPI #MarketInsights #EmpoweringHealthcare #GratitudeToPharmacists #PharmaFinishedGoods #MarketReport #ImportExport #SupplyChain #Procurement
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Transforming Healthcare: The Impact of New Legislation on Insulin Costs In the video transcription, the speaker discusses a law they proposed and signed that none of the Republicans voted for. The law has successfully reduced the cost of insulin for individuals with diabetes from $400 a month to $35 a month, despite it only costing $10 to make. This has allowed for a healthier profit margin for pharmaceutical companies while making the life-saving medication more affordable for those in need. The speaker highlights the impact of this legislation in beating Big Pharma and providing relief to those struggling with the high cost of insulin. #BigPharma #InsulinCosts #HealthcareReform #BidenLaw #RepublicanVote #Diabetes #AffordableMedicine #HealthcareForAll #BreakingNews #vizard
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But these 4 timeless nuggets of wisdom will live on forever: 1. Persistence in research can lead to groundbreaking medicines. 💡 2. Collaboration across borders enhances innovation. 🌐 3. Always put patient safety first. 🛡️ 4. Nature can be a powerful source for healing. 🌿 At Allways Pharmacy, we're inspired by these legends as we provide top-notch pharmaceutical services. We ensure access to a wide variety of meds, at prices that won't break the bank. 🏥💊 Got questions or need meds? Contact us today, visit link in bio. #InnovationInPharma #HealthcareHeroes #AllwaysPharmacy
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