Remove tag healthcare innovation
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Drug Pricing in the United States

Tom Spencer

Designed as a tool to promote innovation, the patent system allows drug manufacturers to remain the sole manufacturer of drugs they’ve designed. Because the markets for a number of prescription drugs that treat aggressive and life-threatening diseases have minimal competition, these medications usually come with pretty steep price tags.

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How will the Internet of Things change our world?

freshminds

A tag which a smartphone must 'tap' to register it e.g. purchasing cereal by tapping smartphone on the box or to track dosage of medicines given in hospital by whom and when. With the healthcare market being one of ten markets that are investing in such sensors, we can expect more innovations to be released before too long.

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Blockchain for Supply Chain – Insights from Berlin

Tom Spencer

And so I had a moment while listening to the recording of that interview that I realized the many industries it could participate in outside of finance, it also showed up in energy and even healthcare. It wasn’t a pure tech innovation, there was social motivation behind it as well.

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3 Business Models That Could Bring Million-Dollar Cures to Everyone

Harvard Business

In a recent Goldman Sachs research report about the promise of gene therapies, analysts asked a question that gets to the heart of a growing dilemma for the healthcare sector: “Is curing patients a sustainable business model?” But there was a catch: the one-time treatment, Luxturna from Spark Therapeutics, costs $850,000.