ClinTex , a fully distributed Clinical Trials intelligence platform offering sustainable solution to the poblems in the global Pharmaceutical Industry

in #koemodupe4 years ago

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GENERAL PRESENTATION

The Global medicine industry has a very stringent rules , all these rules are thoroughly enforces to ensure the new drugs dont have negative effects after consumption. This is the reason why drugs developers invest extremely high amount of money and time on their various products .Different phases must be undergone before drugs finally get approval for public consumption and this cost extremely high amount of money ranging from $800,000,000 USD to $1.7 Billion . In this publication, i will be discussing about a revolutionary blockchain based Pharmaceutical company that aims to reducing excessive cost related to clinical trials. The process of drugs approval is quite cumbersome and time consuming .Majority of the cost involved in Clinical trials are data driven . Examples includes : (i) Data Acquisition (ii) Laboratory test (iii) Patients and other foams of human test (iv) Investigators (v) Data Management and general analysis.

ClinTex focuses on reducing the complexity attached to clinical trials. i.e the long duration and high cost of conducting all these clinical trials through its disruptive Models .i.e Blockchain , advanced data analytics and Machine learning technology.

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ABOUT CLINTEX

ClinTex will revolutionize the entire drugs industry through its modern innovation. The team of ClinTex aims to create a pharmaceutical company that will facilitate clinical Trials intelligence , this will completely be a huge evolution in the global drugs industry. The Solution of ClinTex includes implementation of Blockchain technology, machine learning via its smart contracts to conduct and facilitate clinical trials. This approach will break the existing barriers of cost , hence reducing the exorbitant cost involvement in the conventional system and ushering efficiency and transparency into the global pharmaceutical industries. ClinTex will serve as a fully distributed Clinical Trials intelligence platform that incorporate Predictive Data Analysis via Machine Learning and Smart Contracts. ClinTex platform will produce quality and most authentic facts in terms of clinical test results and offering unalterable type of data that can be trusted.

Moreover, ClinTex will be immersed with most insightful and powerful data analysis features which will be more useful to the interested parties and enabling them identifying means to solve all kinds of problems initially discovered during Clinical Trials before it negatively affect the test and saving the cost , time and work flow .The Clinical Intelligence platform established by ClinTex will become a global ecosystem for promoting collaboration across various Pharmaceutical companies.

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PROBLEMS ASSOCIATED WITH CLINICAL TRIALS IN GLOBAL PHARMACEUTICAL INDUSTRIES AND SOLUTIONS OFFERED BY CLINTEX (CTi)

(i) EXTREMELY HIGH COST OF TESTING: To get a drug in a market it cost over $2.5 Billion USD with daily clinical trials costing up to $8,000,000 USD in revenue each day new medicines are delayed in which the cost eventually are burned by the patient. ClinTex will completely reduce these cost , rendering quality, faster and cheaper drug delivery service to the patient who needs those drugs.

(ii) POOR DATA SYSTEM : There is problem with the Data quality most especially in the conventional Clinical Trial set up . ClinTex has developed a Clinical Data Visualization App all fundamentals and systematic errors are easily captured and corrected , hence leading to a better and progressive development and growth in the global Pharmaceutical industry.

(iii) LACK OF CO-OPERATION : The industry players are lacking mutual co-operation . Knowledge or discovery when combined together often yield the best output. The global Medicine industry is lacking cooperation and this is one among the major reasons why Covid-19 pandemics took a huge tolls on the global masses. ClinTex will create an Ecosystem that will house ground of experts in Medicine Industry all over the world in which more ideas and knowledge related to medicine will be shared seamlessly.Besides, the ecosystem will create rooms for partnership and will enable them grow in values.

(iv) PROCRASTINATION AND TIME DELAYS : This one of the core problems of the industy. There are sets of complex rules which causes delays and slow progression in clinical trial stages of a promising medicine . Sometimes, it takes up to 15 years to get medicine successfully approved for patient usage.ClinTex platform has emerged to reverse this negative trends,the platform will be the leaders in terms of fast discoveries of problems , hence saving huge sum of money that would have been burned during the cause of unending and ineffective clinical trials.The Global current situation of COVID-19 Pandemics has changed the way the world use to be . Currently there are over 142 vaccines developed for COVID-19 which are currently awaiting trials .ClinTex (CTi) would be of a great assistance to facilitate all these investigations through its revolutionary Next generation blockchain based Pharmaceutical company that aims to reducing excessive cost and extreme time delays related to clinical trials.

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CTi Pe-Sale

Currently there is ongoing Pre-Sale of CTi Token will which will till September 25th of 2020. 50% discount is available for every interested investors @ a price of $0.05 USD/Per token.10% of the CTi total supply is offered for Sale to the public . Public Sale will kick off on October 2020 with a little increment in the price $0.10 USD /a unit of CTi. Global pharmaceutical industry is a multi-trillion dollars industry, ClinTex envisioned to have a market valuation of $350,000,000,000 every year. I can assure you this is one of the best industry and most promising project of the year 2020. Don't miss out . Be Part of something HUGE .

Official Resources

Website: https://www.clintex.io/

Whitepaper : https://clintex.io/application/files/4115/9099/9255/Clintex_CTi_Whitepaper.pdf

Telegram: https://t.me/ClinTexCTi

Twitter: https://twitter.com/ClinTexCTi

Medium: https://medium.com/@clintexcti

Authorship:

Bitcointalk username :koremodupe

Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359

Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272

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