medSafe allows direct reporting of the adverse effects of a medical drug, along with the security and transparency of blockchain. The adversity reported is hence converted into an Individual Case Safety Report.
medSafe is an Adverse Drug Reporting platform for the compilation of the data related to the adverse effects of a medical drug use directly by the affected individual. The data is automatically converted into a reportable Individual Case Safety Report. The ease of accessibility and the potential widespread coverage along with the security of the blockchain technology amplifies the efficiency of the reports and in turn, helps various stakeholders understand and meet their market requirements and facilitate the optimum utilization of the available resources.
The data hence compiled helps the manufacturing units understand better the market requirements, kickstarting the development of better and modified drugs and lowering the chances of product recalls and medical bans. Apart from the huge industrial benefits that medSafe offers its stakeholders, it also offers stimulating incentives for the individuals who report these adverse effects over the platform as leverage for collecting more and more authentic and relevant data.