FedEx, Pharmacy Plan Blockchain Platform To Distribute Unused Cancer Medicines
- The FedEx Institute of Technology has partnered with pharmacy services company Good Shepherd Pharmacy to create a new blockchain-based platform for quicker distribution of cancer medicines.
- Both organizations are developing a blockchain platform, called REMEDI, to retrieve unused medications from cancer patients and pass them on to economically disadvantaged patients.
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The FedEx Institute of Technology has joined forces with drug store administrations organization Good Shepherd Pharmacy to make another blockchain-based stage for faster dissemination of tumor medications.
Great Shepherd, a Memphis-based charitable enrollment drug store, has practical experience in providing physician recommended prescriptions to uninsured Tennessee inhabitants.
Chief Phil Baker stated, "In Tennessee alone, finished $10 million worth of superbly great doctor prescribed pharmaceutical gets flushed down the can each year. Blockchain is the answer for that issue. The REMEDI venture (REclaiming MEDicine) will redirect significant prescription under the control of patients who might not generally utilize it."