West to offer drug Delivery Devices that Reward Medication Adherence
West Pharmaceutical Services, Inc. and HealthPrize Technologies, LLC have announced a strategic collaboration to integrate HealthPrize’s Software-as-a-Service (SaaS) medication adherence and patient engagement platform with West’s injectable drug delivery systems, to provide an end-to-end connected health solution to pharmaceutical companies and the patients they serve. The combined offering will provide electronically connected drug delivery systems that track when patients take their medication, educate and engage patients to increase adherence and medical literacy, and reward them for compliance with their prescribed regimen.
Medication non-adherence is a leading cause of poor clinical outcomes and increased healthcare costs. Industry analysts estimate poor medication adherence costs the US healthcare system more than $290 billion in otherwise avoidable medical spending. According to a recent study performed by Capgemini, the pharmaceutical industry’s global revenue loss due to non-adherence to medication for chronic conditions is estimated to be $564 billion.
“We believe the unique and exclusive combination of the West drug delivery platforms with leading patient adherence software from HealthPrize provides a powerful partnership to be by our customers’ side to help improve patient compliance and health outcomes,” said Donald E. Morel, Jr., Chairman and CEO, West.
The HealthPrize platform leverages a combination of gamification, behavioral economic concepts, education and rewards to maximize motivational impact. Patients enrolled in HealthPrize programs demonstrate persistently high engagement rates and materially higher adherence rates, nearly 50% higher than baseline, on average. In collaboration with West, HealthPrize will also offer real-time verification of medication usage via wireless connection to West’s drug delivery systems, including various biologics and other self-injected therapies.
“HealthPrize is thrilled to be working with West to provide the market’s first complete solution for injectable medications that will educate, motivate and reward patients, improving both engagement and adherence with their prescribed medication regimen,” said Tom Kottler, CEO, HealthPrize. “Given the growth of biologics and other injectables, it makes perfect sense to combine West’s delivery system expertise with our patient engagement and adherence platform to drive better patient outcomes.”
As a leader in drug containment and delivery systems, West provides solutions for self-injected
drugs covering a range of dose volumes and drug viscosities. West currently markets several unique hand-held drug delivery systems, including the SmartDose electronic wearable injector — the first wearable bolus injector to be studied in a clinical setting, the SelfDose injector and the ConfiDose auto-injector. West is also one of the largest contract manufacturers of pens and auto-injectors globally, producing more than 100 million of these devices each year.
The companies, in providing a universal solution adaptable for all types of devices and data transfer systems for wireless communication, are also implementing additional data transfer technologies into the platform including smart labels, RFID/NFC and QR-code scanning. West intends to develop system technology that will allow both West drug delivery systems, as well as existing drug delivery devices of other manufacturers to interface with the HealthPrize software.
Related News
-
News Patients vs Pharma – who will the Inflation Reduction Act affect the most?
The Inflation Reduction Act brought in by the Biden administration in 2022 aims to give better and more equitable access to healthcare in the USA. However, pharma companies are now concerned about the other potential costs of such legislation. -
News CPHI Podcast Series: What does the changing US Pharma market mean for industry and patients alike?
In this week's episode of the CPHI Podcast Series Lucy Chard, Digital Editor for CPHI Online is joined by James Manser to discuss the political and market changes in the US pharma field. -
News CPHI Barcelona Annual Report illuminates industry trends for 2024
The CPHI Annual Survey comes into it’s 7th year to report on the predicted trends for 2024. Over 250 pharma executives were asked 35 questions, with their answers informing the industry landscape for the next year, spanning all major pharma marke... -
News Which 10 drugs are open to price negotiation with Medicare in the USA?
The Centres for Medicare & Medicaid Services, under the Biden administration in the USA, has released a list of the 10 drugs that will be open to price negotiations as part of the new legislation under the Inflation Reduction Act (IRA). -
News EU Medical Devices Regulation causes unintended disappearances of medical devices for children, doctors state
Doctor groups and associations have appealed to the EU to correct the EU Medical Devices Regulation law that may cause unintended shortages of essential drug and medical devices for children and rare disease patients. -
News 10 Major Drug Approvals So Far in 2023
Last year, 37 novel drugs were approved by the FDA, this was a high number for such a category, and covered many fields including oncology, demonstrating how promising further research is, and how it is only continuing to build. To date, there are alre... -
News Detecting Alzheimer's disease with a simple lateral flow test
A novel rapid diagnostic test for early-stage Alzheimer's disease has been developed using a biomarker binder from Aptamer Group along with technology from Neuro-Bio, the neurodegenerative disease experts. -
News CPHI Podcast Series: outsourcing and manufacturing trends
Listen to the CPHI Podcast Series this June to hear Gil Roth of the PBOA speak with Digital Editor Lucy Chard about the biggest trends and topics to watch in pharma outsourcing and manufacturing at the minute.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance