Romsoft takes us through the future of clinical trials through the PharmaLedger vision.
Romsoft, PharmaLedger’s technical partner, has written an article titled: “The Future of Clinical Trials with PharmaLedger.” RomSoft uses an example of the COVID vaccine development to walk readers through how the PharmaLeder project can improve the future of clinical trials supply chain processes. For developing a vaccine, there are a number of pain points in the current clinical trials supply chain, such as cost, a long length of time and a lack of full transparency throughout the process. The article highlights how PharmaLedger’s envisioned healthcare system using blockchain technology would positively impact all the actors involved throughout the clinical trials supply chain.
The article states that PharmaLedger’s blockchain platform can provide: “supply chain integrity, real time data visibility at any check-point, a single shared understanding of where a product is in its lifecycle and less time/lower costs to develop and approve a new drug/treatment.”
Opening the Conversation
The clinical trials supply chain is crucial today given the pandemic’s impact on everyone’s health and how society operates. We are excited to be working on such an impactful area that can bring so much value to all involved. Romsoft as well as many other partners in PharmaLedger are working together to develop a blockchain-enabled platform, so that the clinical supply chain can become more efficient, transparent and trustworthy.
Afterall, digitising and creating more efficient processes in medical development was a necessity even before the COVID19 pandemic. Our PharmaLedger project joins all those involved in healthcare (which means you too!) to envision a healthier, digitally-trusted future where vaccines can be created more efficiently, and the power to check their authenticity is available to all. Our eight use cases in the supply chain, clinical trials and health data domains are in ways all connected for building this digital trust in a blockchain-enabled healthcare value chain.
You can learn more about our four use cases form the supply chain domain by watching our webinar recording from PharmaLedger’s First Open Webinar: “A Trust-Centric Healthcare Journey,” and our use cases around clinical trials and health data in “A Trust-Centric Healthcare Journey Part II.”
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