With a Ph.D. in biochemistry, Regina Hodits found herself in the middle of the rapidly growing biotech industry. As a post-doctoral researcher at The Medical Research Council in Cambridge, she had a front-row seat to the sector's growth.
Fascinated by the acceleration of life sciences in the 90s, she set herself a goal to translate great scientific discoveries into life-changing solutions. This is why she decided to invest in innovative ideas and products that could help patients, especially those with chronic conditions.
The life science industry embraced the digital revolution exceptionally late. Meanwhile, it is evident that the patient journey will depend on access to data. Data provides insights into patient behavior and enables doctors to make evidence-based decisions. Data allows patients to understand themselves and their diseases better.
What is so special about digital therapeutic solutions? One solution can be replicated millions of times and made available for everybody as an app.
Digital Therapeutics can Improve Patient Care
Healthcare systems prioritize preventing people from becoming sick, or providing patients with the appropriate therapy at the right time and place. Chronic conditions affect around 50% of the population and account for around 80% of healthcare costs. Not to mention the psychological burden endured by patients and their carers.
According to Regina, digital therapeutics (DTx) can be used alongside traditional therapies to improve patient care. However, she notes that there are some shortcomings in the current system that need to be addressed.
You go to the doctor, receive a prescription, buy medication, and… you are left alone until the doctor will see you again. In the meantime, nobody knows if the therapy is working or not.
"As many questions arise, patients start to search for the answers on the Internet. And often, they find misleading information. We at Wellington Partners were looking for a platform that would provide patients with the information they need to make informed decisions. But also a digital tool for healthcare providers to track the patient journey throughout the treatment period,” Regina points out.
Doctors should prescribe not only medicines but also apps that will guide the patient. Soon there will be no drug prescribed or intervention ordered without an app to follow up the results. I think it’s irresponsible to send patients home without Sidekick. The therapy is far more than medicine.