Good Shepherd Pharmacy and Memphis-based The FedEx Institute of Technology have agreed to develop a blockchain to help cancer patients get medication. The pharmacy identified blockchain as a way to retrieve unused medication from cancer patients and pass them onto those who couldn't afford them while maintaining confidentiality. The initiative would help save "over $10m worth of perfectly good prescriptions [that] gets flushed down the toilet every year", said The FedEx Institute of Technology's CEO.
The FedEx Institute of Technology and Memphis-based Good Shepherd Pharmacy have agreed to develop a blockchain to help cancer patients get medication. The pharmacy identified blockchain as a way to retrieve unused medication from cancer patients and pass them onto those who couldn't afford them while maintaining confidentiality. The initiative would help save "over $10m worth of perfectly good prescriptions [that] gets flushed down the toilet every year", said Good Shepherd Pharmacy's CEO.