PillSafe Provides a Solution to the Opioid Epidemic's $1 Trillion-Plus Impact on the US Economy
==========
PillSafe is a technology-based solution to the opioid epidemic in the US. The opioid epidemic costs the US economy over $1 trillion annually. PillSafe is a patented 'smart' pill delivery system that ensures patients comply with prescriptions. It was developed to address the overdose epidemic that has killed over 100,000 people in the US every year since 2001. From 2015-2018, the opioid epidemic cost the US economy $2.5 trillion. In 2020 alone, it imposed a $1.5 trillion burden on the economy. The federal and state governments have launched programs and legislation to address the crisis, with over $10.6 billion allocated by 2028. PillSafe is inviting state governments to partner with them to share licensing revenues from their technology in support of incentive programs on employment, compliance, and recovery.
#OpioidEpidemic #Pillsafe #UsEconomy #Technology #Prescriptions #OverdoseEpidemic #GovernmentPrograms #Legislation #Employment #Compliance #Recovery
https://markets.businessinsider.com/news/stocks/pillsafe-provides-a-solution-to-the-opioid-epidemic-s-1-trillion-plus-impact-on-the-us-economy-1033377315
Markets Insider /
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2024-05-14 18:20:52
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2024-05-14 18:20:52Event JSON
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"content": "PillSafe Provides a Solution to the Opioid Epidemic's $1 Trillion-Plus Impact on the US Economy\n==========\n\nPillSafe is a technology-based solution to the opioid epidemic in the US. The opioid epidemic costs the US economy over $1 trillion annually. PillSafe is a patented 'smart' pill delivery system that ensures patients comply with prescriptions. It was developed to address the overdose epidemic that has killed over 100,000 people in the US every year since 2001. From 2015-2018, the opioid epidemic cost the US economy $2.5 trillion. In 2020 alone, it imposed a $1.5 trillion burden on the economy. The federal and state governments have launched programs and legislation to address the crisis, with over $10.6 billion allocated by 2028. PillSafe is inviting state governments to partner with them to share licensing revenues from their technology in support of incentive programs on employment, compliance, and recovery.\n\n#OpioidEpidemic #Pillsafe #UsEconomy #Technology #Prescriptions #OverdoseEpidemic #GovernmentPrograms #Legislation #Employment #Compliance #Recovery\n\nhttps://markets.businessinsider.com/news/stocks/pillsafe-provides-a-solution-to-the-opioid-epidemic-s-1-trillion-plus-impact-on-the-us-economy-1033377315",
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