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Pharma Injecting Life into Digital Health Amidst Funding Downturn

MedCity News

The consensus is 2022 was a challenging year for digital health companies. billion in 2022 — down 56% from $40.2 billion in 2022 — down 56% from $40.2 Rather, 2022 represents an overdue correction in the midst of global economic uncertainty after a period of overexuberance and lofty expectations in digital health.

Pharma 113
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Psychedelic medicines: are they gaining traction in Europe?

European Pharmaceutical Review

Australia recently re-classified MDMA and psilocybin to allow prescription of MDMA for the treatment of post-traumatic stress disorder and psilocybin for treatment-resistant depression by psychiatrists. Pharmacological Reviews. World Health Organization; 2022 [cited 2023Mar]. References Nichols DE. Psychedelics.

Medicine 113
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Tapping into digital therapeutics to improve neurological outcomes

Pharmaceutical Technology

Companies are testing the use of digital platforms along with pharmacological treatments. But while appealing, the prospects of developing a merged approach that combines both digital and pharmacological therapeutics remain challenging. Digital therapeutics can be also categorised based on their regulatory journey.

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Why aren’t digital pills taking off?

Pharmaceutical Technology

There’s no dearth of interest, however, in applying digital solutions to healthcare. The digital pill, now marketed by Otsuka Pharmaceuticals, is forecasted to make $27 million in sales in 2022, as per GlobalData. It potentially helps individuals lend some kind of concrete evidence to discussions with their healthcare provider.