Royal Philips has signed a memorandum of understanding with Ypsomed, a self-medication systems maker, to co-develop and deploy new digital services for the monitoring of medication adherence.
The new SmartServices will be backed by Philips’ Cloud-based HealthSuite digital platform, which offers tools and services for easy integration, management and end-to-end security.
SmartServices will comprise a set of digital services to address device-related challenges and support self-medication for patients with chronic diseases such as diabetes and rheumatoid arthritis.
Ypsomed Delivery Systems senior vice-president Ulrike Bauer said: “Our partnership with Philips aims at embedding smart devices in a digital health ecosystem that simplifies access to therapy-relevant medication adherence data.
“This will allow our pharmaceutical customers to focus on building therapy-specific digital solutions for patients, caregivers and physicians.”
Ypsomed supplies injections pens, autoinjectors and infusion systems to pharmaceutical and biotech companies under mylife Diabetescare and YDS Ypsomed Delivery Systems brands.
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The deal will facilitate the integration of Ypsomed’s smart medical devices into Philips HealthSuite digital platform thereby improving therapy-specific care pathways.
Royal Philips HealthSuite digital platform business leader Dale Wiggins said: “Integrating Ypsomed’s smart devices and data into the Philips HealthSuite ecosystem means pharma companies will be able to develop solutions that leverage HealthSuite’s secure, Cloud-based services.
“It will shorten time-to-market, enable them to scale-up solutions in a secure HIPAA-compliant way, and allow them to integrate data from Ypsomed devices with other data sources to support many different value-added use cases.”
To further the deal, the companies plan to enter into definitive agreements over the coming months.