Tuesday, January 17, 2012

UK Pharmacy to Sell Pill with Ingestible Microchip

POSTED BY: ROBERT CHARETTE / MON, JANUARY 16, 2012

A few years ago, a report by the New England Healthcare Institute claimed that patients not taking their medications as prescribed incur a staggering US $290 billion in increased medical costs - or about 13 percent of total US health expenditures. Technology reaching drug store shelves later this year in the UK and which is under review in the US could help cut the costs significantly. First, a little background.

About a year before the Institute's report came out in 2009, there was an article in MIT's Technology Review magazine about a Silicon Valley start-up company called Proteus Biomedical that was developing a microchip about the size of a grain of sand called an "ingestible event marker" (IEM). It was to be embedded within a pill and swallowed along with a patient's medicine. The IEM, reported the TR article, consists of: Read More HERE

No comments: