Because lives are at stake, the need to conduct clinical trials for new medicines must never take a backseat. Ever. This much, we know. But what we don’t know is that clinical trials are typically done in several stages, and they normally take between 10 to 15 years. In the meantime, people are dying by the hundreds every minute, every single day, because they can’t take the medicines they need at the moment, either because they are not yet available or they are way too expensive. Regardless, we can partly put the blame on clinical trials that take too long to conclude, which consequently increases the price of the medicine by folds.
This is an example of inefficiencies in clinical trials, and yes, we can definitely say they are real. Records showing that clinical trials for a single medicine cost more than a billion dollars are proofs of that clinical trial operations are not being handled very well at all. Sadly, this gigantic expense is being passed on to the consumers, the reason why medicines come with a hefty price tag. Also confirming the presence of clinical trial inefficiences are the delays in the delivery of medicines to the consumers where the huge volume of trials being conducted is a major contributor. It’s unfortunate, but in most cases the reasons for the inefficiences are not identified earlier, which would have otherwise reduced the processing time, as well as the cost.
It doesn’t have to be this way anymore with ClinTex CTI. A pharmaceutical blockchain platform that will be revolutionary in every way, ClinTex will transform the way clinical trials are done. It will hasten the testing process and ensure it is done in a more efficient manner so people can enjoy high quality but cheaper medicines in the here and now. ClinTex may just end people’s suffering, or even prevent unncessary deaths because they can’t have or they can’t afford the medicines they need.
ClinTex CTI will resolve the clinical trial inefficiencies by first of all bringing the concept of machine learning to the table. Artificial Intelligence will run on the ClinTex system, thus giving it the ability to learn from data and previous experiences, thereby significantly reducing human errors and increasing efficiency in the process. ClinTex will also bring to the table very powerful and predictive analytics tools so problems can be detected before they happen and corrected in order to prevent delays in medicines reaching the intended patients. To finally close the gap, ClinTex will be utilizing a distributed ledger technology, allowing all transactions to be recorded, monitored, and auditable.
Several applications will therefore run on the ClinTex platform, among them the CTi-OEM application that will guarantee operational excellence by providing clinical and ata managers the essential tools to help in their decision making, the CTi-CDV application that will take care of reviewing clinical data to discover problems or issues that may affect the integrity of the trial, and the CTi-PDA application that will make use of predictive analytics to reveal efficiencies before they happen, thus enabling pharmaceutical companies to take proactive actions.
With all these applications coming into play, the process of conducting clinical trials will be expedited. Consequently, getting approval for the clinical trial will be fast-tracked as well.
CLX tokens will be a user’s means to access the ClinTex CTi platform and benefit from the applications running on it. CLX will be issued in exchange for a one-year license. ClinTex is predicting a strong loyalty base because of the incredible benefits its platform offers, which platform will later be powered by a rewards mechanism. Clintex is therefore banking on such a strong following to ensure the growth and increase in value of CLX.
So what does ClinTex mean to the pharmaceutical companies and the patients? Well, pharmaceutical companies will be able to access relevant and accurate data to help with correct whatever needs to be corrected. Meanwhile, patients will be able to receive the medicines at the most reasonable cost and at the right time. Imagine the thousands of lives that can be saved all because ClinTex CTI has virtually eliminated the clinical trials inefficiencies, and made the process faster and more efficient.
Are you ready to take healthcare to the next level? Well, then, join the ClinTex CTI ICO and be a part of the next big thing in the healthcare industry.
Token Details:
Token: CLX
Price: 1 CLX = 0.10 USD
Platform: Ethereum
Soft cap: 4,000,000 USD
Hard cap: 19,000,000 USD
Country: Malta
For more information, visit the following pages:
Whitepaper: https://www.clintex.io/Clintex_CTi_Whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4821618.0
Website: https://www.clintex.io/
Telegram: https://t.me/ClinTexCTi
Twitter: https://twitter.com/ClinTexCTi
Medium: https://medium.com/clintexcti
Bitcointalk User: Kalikanan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2079149