[ANN] ClinTex CTi - Faster, Cheaper, Safer Medicine : DLT in Clinical Trials

[DutchTranslator]

A new article has been posted already, this time on Bitcoinist.

''Developing new medicines is a $350 billion industry, with each new treatment requiring enormous funding and resources before it can be introduced to the market at an average of $2.5 billion per new medicine (Tufts, 2014). Nearly 80% of clinical trials are overrunning their timelines by an average of 10.8 months (Covance, 2013), which translates into as much as $8m in lost revenue each day a drug is delayed (Cutting Edge Information, 2005). Further to this, the number of clinical trials taking place is rising and along with it the associated costs, meaning the cost of new medicine is soaring. This is the problem ClinTex intends to solve.''

Great stuff!

https://bitcoinist.com/clintex-cti-leverages-distributed-ledger-technology-to-lower-the-cost-of-new-medicine-and-improve-patients-lives/

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[TrepeshItZZZ]

A new article has been posted already, this time on Bitcoinist.

''Developing new medicines is a $350 billion industry, with each new treatment requiring enormous funding and resources before it can be introduced to the market at an average of $2.5 billion per new medicine (Tufts, 2014). Nearly 80% of clinical trials are overrunning their timelines by an average of 10.8 months (Covance, 2013), which translates into as much as $8m in lost revenue each day a drug is delayed (Cutting Edge Information, 2005). Further to this, the number of clinical trials taking place is rising and along with it the associated costs, meaning the cost of new medicine is soaring. This is the problem ClinTex intends to solve.''

Great stuff!

https://bitcoinist.com/clintex-cti-leverages-distributed-ledger-technology-to-lower-the-cost-of-new-medicine-and-improve-patients-lives/

I know that many investment projects related to pharmacology are scammers. I would like to have time to sell the purchased tokens with a profit)))

[Ivakimos]

Maaan! I discussed this problem with my friend couple of weeks ago. Hi is a cardiologist. Thats exactly the same thing he was saying, that at least 8 out of 10 lethal cases happen because there is no proper drug. And the reason for that is lack of research data. I said that blockchain could solve this and now I see ClinTex. This is amazing gentlemen.

[dimadmitriev]

This is a very big promise you guys are making some might invest in your ICO just being inspired by saving lives and feeling sorry for those who are sick and can not be healed today. Hope the team has enough responsibility to keep up with such a powerful statement. But no matter how it all goes I am sure that some day we will have this kind of solution anyway.

[jannamaile]

It drives me crazy that people are dying today, but tomorrow there could come some pills to the market that would’ve saved their lives. EVERY DAY! If this is not the best use for blockchain I don’t know what is.

[Alterberg]

Now that looks like a good purpose. I wouldn’t even care about the token in this one, would still join even if it was a simple crowdfunding. Like the idea of Clintex platform. Hope this is really what they are up to. As product side is well explained and worked out, should be legit.

[Kurrie]

Wow! This project is something I thought about last month. There are a lot of areas that has already changed with the Blockchain implementation and now it’s Pharma time! I am not sure that this will be an easy one but hope that in the future we’ll have an ability to make the medecine sphere more transparent and easy for understanding for everyone.

[EggieR]

Amazing team, cool idea and a lot of questions that are opened till now. What is the future of the medicine? What are the solutions of pharma cost raise? How could we got the understanding between pharma business and an ordinary person that only wants to feel good and take a necessary pill? I hope this project will get us some answers!

[Almostdone1]

One really important problem for me is cancer. What a terrible word for those who deal with it. Of course, we have some options but not the one solution. I check the article https://medium.com/clintexcti/the-true-cost-clinical-trial-failure-ea5b965a06f4 but even now I can’t realize what Clintex propose for this issue. Has anyone had some ideas?

[osipov_oksnik]

As the ordinary girl I want to live a long happy life full of fun, emoji and travellings. But my lovely grandma feels sick and this make me crazy. How much should I spend for pills before she feels good? Maybe the pharma owners want me spend all the money for their incomings? I hate this system that is absolutely hidden and full of unclear data!

[Tupakk]

Hey, guys! This project team is something unbelievable! I thought that there is just the nice list of specialist but wasn’t sure that they really do care about the CLintex idea. You know how nowadays there are a lot of people that have price for such role of advisor or ICO specialist. But I just add one of them with my LinkedIn page and … wow… I’ve got a really great discussion on the aims and problems of Clintex. Both -advisors and the team are very responsive.

[Btcmnr]

Well, I just have some questions for the team! I’ll try the idea of LinkedIn communication. I hope I’ll get the answers to all my issues because the information I’ve checked from the Whitepaper here (https://www.clintex.io/Docs/Clintex_CTi_Whitepaper.pdf) is really interesting for me as I work in medical industry!

[|Konstantin07]

The software will then show the likely cause of the problem and suggest the most effective solution. - This is like predictable treatment. Predictable maintenance is trending for electronic devices, why not to do the same with us - humans, right?  This could be helpful for doctors.

[Slava_Osipov]

So for example if someone is sick, they wouldn’t need to wait till next doctor appointment to check the dynamics and input some adjustments? Basically once data transfered, the treatment can get adjusted immediately? And keeping all the data on blockchain guarantees that there will be no manipulation to lobby some drugs, I like this.

[vladimir54]

Yeah, but why not to make it even better, once someone’s medication got adjusted, the system could track similar cases and adjust their treatment even before they got to that let’s say pivot point?

[globus_mipa]

Am I the only one here who wants to know what are the perspectives of the token price growth? I know that platforms with REAL blockchain implementation, good teams and expertise do pretty well, but still, anyone has hypotheses about Clintex? To me it looks promising, but maybe there are some insights?

[kurko2017]

Should do just fine. They advisory board is solid enough. Have done some research on Linkedin and twitter. Both - med part and blockchain side are strong enough. Once they start delivering their promises, the token will make investors happy.

[DimLeg]

Pretty sure they know how to handle the business. I mean if they sign some letters of intention with large pharmaceutical companies right after listing on exchanges, it could go the way some coins were going last december-january.

[DutchTranslator]

Well, I just have some questions for the team! I’ll try the idea of LinkedIn communication. I hope I’ll get the answers to all my issues because the information I’ve checked from the Whitepaper here (https://www.clintex.io/Docs/Clintex_CTi_Whitepaper.pdf) is really interesting for me as I work in medical industry!

Hello there You can also ask them here or in the designated Telegram: https://t.me/ClinTexCTi

Yeah, but why not to make it even better, once someone’s medication got adjusted, the system could track similar cases and adjust their treatment even before they got to that let’s say pivot point?

Exactly! I'll quote a part from the whitepaper containing information on the Risk Based Monitoring App (CTi-RBM):

''For example, a common problem in clinical trials is unevaluable patients. If a patient is not evaluable in a clinical trial, it means that their data cannot be used to assess the
efficacy/safety of the drug. This issue can generate significant problems for the pharmaceutical company as it needs a certain number of evaluable patients to deliver a
statistically relevant assessment. Failure to do so can result in the failure of the entire clinical trial. The causes of this are multi-fold. For example, an unevaluable patient/study can result from the patient not taking the study medication correctly or not performing certain study procedures. The CTi-RBM application will utilise machine learning by applying algorithms to historical and current data to identify patients with a high risk of being unevaluable, thus targeting site monitoring resources on the areas of highest need and risk. This example will be repeated for major sources of risk in a clinical trial, thus making the CTiRBM application a powerful proactive and predictive tool for risk-based monitoring.''

Maybe you know any other examples where this could be helpful?  

[sashadoc]

Looks good enough to invest. Both of my sides ideological and speculative are satisfied with what I’ve read about clintex so far. Want to figure what their exchange listing plans are and if I am satisfied, will add them to my portfolio.