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A new class of medicine — digital therapeutics (DTx) — has emerged, offering a novel means of treating the swelling number of patients with chronic diseases and keeping associated costs down.
Digital therapeutics deliver evidence-based therapies via software — often in the form of consumer-facing mobile health apps — that replace or complement the existing treatment of a disease. They diverge from the broader digital health market in that they must be approved by regulatory bodies — and displaying proof-of-concept is at the core of their model.
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See Also:
- Change Healthcare bought pharmacy IT company PDX for $200 million
- Verizon launches 5G network to enhance virtual health
- LabCorp teamed up with Medable to enable clinical trial participants to engage remotely
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