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Anti-psychotics come with the risk of sideeffects such as drowsiness, agitation and blurred vision, so virtual reality (VR) technologies that can enhance recovery without anti-psychotics are an attractive option. In 2020, OxfordVR secured a $12.5m Series A funding from Optum Ventures, supported by Luminous Ventures.
The current medications (opioid and non-opioid) often force the patients to make an unfortunate choice between efficacy and debilitating sideeffects, leading to a cycling through multiple different therapies and suboptimal treatment response. The present unmet needs within chronic pain are not met with opioid therapies. Internet] NIH.
In theory, this will allow for highly tailored, personalized therapy plans with superior efficacy and minimal sideeffects. In 2020, McKinsey estimated that over the next 3–5 years, the average top-20 Big Pharma company could unlock over $300 million a year by adopting advanced RWE analytics across its value chain.
3 Managing SideEffects : Balancing drug exposure and effect to achieve desired outcomes. This is especially critical in oncology, where chemotherapeutic agents require precise dosing to improve survival while minimizing sideeffects. Rang & Dale’s Pharmacology. Published June 26, 2020.
Preventing Misuse: Strict regulations are required to stop the improper use and abuse of drugs, especially those that have strong sideeffects or the potential to become addictive. Case Summary: In 2020, this company agreed to pay $678 million to settle allegations that it violated the False Claims Act by paying kickbacks to doctors.
While new positive clinical data with anti-Abeta mAbs signal tremendous advancement and proof‑of-concept for the whole field, it is believed that the observed effects could still be improved and optimised in terms of greater clinical benefits, lower sideeffects and enhanced treatment convenience.
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