Cancer, diabetes, and drug abuse are among what come to mind when thinking of modern plagues on our society. These plagues are daunting and seemingly unsolvable. The modern minds behind startup technology are actually aiming to solve these issues.
Overcoming opioid addiction
Startups are utilizing technology – from AI to cannabis tech – to develop cures and solutions for overcoming opioid addiction. Riley Cote, NHL hockey player, went so far as to state at the 2019 OurCrowd Global Investor Summit that the prohibition of cannabis is actually the direct cause of the opioid crisis. Cote spoke from personal experience when he said that cannabis is a useful tool to deal with pain, and significantly less dangerous and addictive than opioids or other pain killers. Advancing this breakthrough forward, a startup called Syqe Medical has developed a pocket-sized cannabis based inhaler that is one of the promising alternatives for opioid use as a painkiller.
Dr. Gidi Stein, co-founder and CEO of MedAware, also discussed the steps he and his colleagues are taking to end pain killer addiction. Dr. Stein told a true story of a 19 year old young adult, Cory, who was prescribed opioids when he suffered from multiple fractures in his arm and shoulder. Cory initially used these pain killers for his injury, but within a few years and several stints in rehabilitation centers, Cory was found dead due to an overdose of opioids. Enter MedAware – a healthcare startup that harnesses AI and big data analytics with the aim of preventing dangerous drug prescription errors, and monitoring a patient’s drug usage with the ability to intervene before the drug becomes addictive.