Innovative 'SIMpill' Medication Compliance Device To Be Presented At 'World's Best Technologies 2006' Showcase
Main Category: ComplianceArticle Date: 20 Mar 2006 - 0:00 PDT
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Clinical Technology Advisors, Inc. (CTA) has been selected to present SIMpill(TM), an innovative medication compliance product, at "World's Best Technologies 2006" (WBT) being held at the Arlington Convention Center in Arlington, TX from March 27 to 29. This elite, nationally publicized event showcases new, cutting-edge, first-to-market technologies before the world's leading seed investors, venture capitalists and Fortune 500 licensing experts.
CTA will be presenting SIMpill, a patent-pending medication reminder product designed to facilitate medication compliance for chronic disease sufferers and patients participating in drug clinical trials.
SIMpill uses existing cell phone technology to optimize medication regimens for patients and enhance compliance in clinical trials. The system reminds individuals to take their medication on schedule, simplifies medication organization and delivery, and even monitors compliance -- in real-time.
This low-cost and potentially lifesaving reminder device has had initial success in South Africa with patients self-managing medications for HIV/AIDS, tuberculosis, hypertension, hyperlipidemia, epilepsy, and diabetes. The North American version is now available for ordering at http://www.simpilldirect.com.
"We are looking to grow our medication adherence practice with SIMpill forming the cornerstone of our business. This showcase will help CTA to generate interest from investors who want to join us to help patients be as compliant as possible with their prescriptions," commented David Rosa, President of CTA, who will be speaking at the showcase.
CTA was one of 25 companies chosen to give a full business plan presentation. Members of the screening committee include Intel Capital, Merck & Co., Eastman Kodak, Procter & Gamble, GE Global Research Center, 3M Company, Roche Diagnostics, Ford Motor Company, Dow Chemical Company, Garage Technology Ventures, National Semiconductor Corporation, and Arch Venture Partners. Previous presenting technologies have raised over $50 million in venture capital and been featured in magazines such as Fortune and Time, and succeeded in selling or licensing their platform technologies.
About the World's Best Technology Showcase
The WBT is designed to support the movement of world-class technologies from leading laboratories and universities into the marketplace by providing the opportunity for scientists, researchers, and technology entrepreneurs, Fortune 500 licensing professionals, and seed-stage venture capital investors to develop new relationships. In doing so, the WBT serves as a catalyst between university and lab-based technologies, the investment community, and ultimately, the marketplace.
About Clinical Technology Advisors, Inc.
Clinical Technology Advisors is a Boston-based company that provides pharmaceutical companies and disease management organizations with fast, accurate, and cost-effective technology solutions to improve patient compliance and medication adherence. We are the exclusive provider of the SIMpill medication adherence system in North America.
Clinical Technology Advisors, Inc.
http://www.simpilldirect.com
http://www.clintechadvisors.com
http://www.wbtshowcase.com
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