MediLedger's DSCSA pilot kicks off
MediLedger announced that their FDA Drug Supply Chain Security Act ("DSCSA") pilot started earlier this week. Under the FDA's Pilot Project Program
MediLedger and their partners are piloting a blockchain's ability to help pharma companies meet the DSCSA 2023 interoperability requirements. The pilot will consist of Pfizer, Genentech, Amgen, Gilead, FFF Enterprises, Dermira, Eli Lilly, McKesson, AmerisourceBergen, Cardinal Health, Walgreens, and Walmart. MediLedger mentions that there are a handful of other participants not named as well.
The actual use case isn't new or surprising, MediLedger has been working towards DSCSA compliance for awhile now. What's notable here is that this is an impressive roster of participants. Getting the right business parties to participate in a solution is often times more difficult than actually creating a technical solution to a problem with a blockchain, so this pilot is a promising sign for MediLedger.A few new details on IBM's Health Utility Network emerge
In January IBM announced the creation
of a new blockchain based "health utility network" (or "HUN") and the participation of Aetna, Anthem, Health Care Service Corporation, PNC Bank, Cigna, and Sentara Healthcare. Notably the participants are still working on the governance model and the use cases they want to tackle. This "platform first use case second" approach stands in contrast to other consortia like ProCredEx or the Synaptic Health Alliance, which were convened around a specific use case.
There are a range of possible use cases that HUN could take up. For example they have the right participants for value based purchasing or bundled payments. Still, that's only a small subset of what is necessary to make a blockchain use case work. You need a compelling technical solution, coupled with the right business incentives, along with a governance model that corresponds to your technical and business models. By starting a consortia with a use case in mind you can recruit other participants that are already bought in to a vision. The inverse of that, which is starting with participants and then figuring out your use case and governance model, will be more tedious and that's reflected by the time it's taking HUN to get started.
Canada's largest pharmacy chain partners with a blockchain startup to track pot
Specifically a pilot is being run where DrugMart will use TruTrace Technologies' blockchain to identify, track, and verify the source and genetics of cannabis used by medical patients. The startup specifically calls out the prospect of a future relationship with CVS or Walgreens as a hope they have. The trouble with this use case, as with all track and trace use cases, is getting every party in the ecosystem to use your blockchain. However, a strong partner like Drug Mart or CVS could compel others to adopt a specific technology, similar to what Walmart did with FoodTrust.Health IT Today Blockchain in Healthcare Podcast
A short, mostly introductory podcast into blockchain's usage in healthcare. But it's good to see blockchain technology getting coverage in popular outlets like Health IT Today.
MetLife is using the public Ethereum blockchain to improve life insurance
MetLife’s Singapore-based incubator LumenLab is collaborating with Singapore Press Holdings (SPH) and NTUC Income on a platform of smart contracts known as ‘Lifechain’ to help loved ones quickly determine if the deceased was protected with a policy and automatically file a claim. The CIO of MetLife highlights the security benefits of a blockchain, the value of experimenting with it, and DLT's multiparty nature as reasons why they are using a blockchain.
Webinar: R3 is hosting a webinar on the application blockchain in clinical research
The webinar will be on June 27th from 11:30am - 12:30am. Thanks to Stephanie Perez
for pointing this out to me.