Addinex Technologies, Inc. Named Finalist in Health Category of
Fast Company’s 2022 World Changing Ideas Awards
The sixth annual awards honor the products, concepts, companies, policies, and designs that are driving change, tackling issues from climate change to addiction, and so much more.
New York, NY, May 3, 2022 – The winners of Fast Company’s 2022 World Changing Ideas Awards were announced today, honoring creative works that are supporting the growth of positive social innovation, tackling social inequality, climate change, and public health crises.
Addinex Technologies was honored as a Finalist in the Health category for its low-cost system to reduce medication misuse and addiction with its patented dispenser and app that limits dosage access, monitors treatment, and eases medication disposal.
A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 2,997 entries across transportation, education, food, politics, technology, health, social justice, and more. The 2022 awards feature entries from across the globe, from Switzerland to Hong Kong to Australia. Fast Company’s Summer 2022 issue (on newsstands May 10, 2022) will showcase some of the world’s most inventive entrepreneurs and companies tackling global challenges.
“I’m proud of the work done by our team and advisors who want to stem the tide of addiction. With overdose deaths at an all-time high, this problem is ripe for a new solution. Addinex’s patented system helps prevent addiction and overdose with a combination of medication management and data feedback,” said Jay Schiff, Co-Founder and CEO of Addinex Technologies.
“We are consistently inspired by the novelty and creativity that people are applying to solve some of our society’s most pressing problems, from shelter to the climate crisis. Fast Company relishes its role in amplifying important, innovative work to address big challenges,” says David Lidsky, interim editor-in-chief of Fast Company. “Our journalists have identified some of the most ingenious initiatives to launch since the start of 2021, which we hope will both have a meaningful impact and lead others to join in being part of the solution.”
About the World Changing Ideas Awards: World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.
ADDINEX SYSTEM DEMONSTRATES HIGH EXCESS OPIOID
DISPOSAL RATE AND POSITIVE RESPONSE FROM PATIENTS
USING ITS DIGITAL MEDICATION DISPENSING SYSTEM
Columbia University Irving Medical Center presents study data at
ASCO Quality of Care Symposium
BOSTON, MA, September 25, 2021 – The results of an opioid misuse prevention study by Columbia University Irving Medical Center using the patented digital medication dispensing system developed by Addinex Technologies, Inc. were presented today at the Association for Clinical Oncologists (ASCO) Quality of Care Symposium.
Study results of 18 patients showed high rates of excess medication disposal, low prescription refill rates, a greater feeling of safety, and a strong positive experience by study participants.
53.8% of study patients underwent open total abdominal hysterectomy, 30.8% underwent mastectomy and 15.4% underwent cutaneous tumor resections
83% returned the device and excess pills for proper disposal (incineration) versus no more than 9% in prior studies
Only 50% used any opioids and only one patient obtained a refill
Over half of patients felt safer using the Addinex system
2 out of 3 agreed that the benefits of the Addinex system justified its use over a typical pill bottle
86% appreciated the system's online, real-time usage guidance
89% were overall satisfied using the Addinex system and 78% would sign up to use it again
Study participants prescribed opioids after surgery used Addinex’s low-cost password-protected medication dispenser which limits availability to no more than their prescription allows (e.g., one pill every four hours). The associated app monitored pain levels and provided physician-driven advice based on each patient’s progress. When pain levels subsided, patients were prompted to dispose of their excess pills and dispenser in a provided DEA-approved disposal mailer.
“Initial opioid exposures often occur post-operatively, and 10% of opioid-naïve patients undergoing surgery for cancer subsequently become long-term opioid users.[i] 70% of opioids prescribed post-operatively go unused, but only 9% of leftover pills are disposed of appropriately,[ii] increasing the risk of unintended use,” according to Jacob Cogan, M.D., Hematology/Oncology Fellow at Columbia University Irving Medical Center and ASCO Merit Award recipient for his work on this study.
Dawn Hershman, M.D., M.S., principal study investigator and the Director of Breast Oncology and co-leader of the Cancer Population Science program at the Herbert Irving Comprehensive Cancer Center at Columbia University stated “Our early findings suggest that utilization of an inexpensive, password-protected, pill-dispensing system, like the one developed by Addinex to assist with opioid dispensing, education and excess pill disposal, is feasible with high rate of success. This solution appears to be an effective strategy to protect patients and reduce opioid diversion.”
“Patients retain over three billion excess opioid pills in a year[iii] and over half of illicit use comes from friends and relatives.[iv] With 80% of heroin users having started on prescription opioids,[v] a solution is needed to reduce the number of opioids pills prescribed, educate patients on their usage in real time, and make it easy to dispose of excess pills’” stated Jay Schiff, Co-Founder and CEO of Addinex Technologies, Inc. “Our medication dispensing system provides a cost-effective, multi-pronged solution for opioids and other misused medications like buprenorphine, methadone, stimulants, and sedatives.”
About Addinex Technologies, Inc.
Addinex Technologies is a cutting-edge developer of low-cost medication dispensing systems targeting misused prescription drugs. Addinex’s patented low-cost mechanical dispenser regulates usage based on each patient’s unique prescription, assists doctors with prescribing based on usage data by similar patients, provides education and real-time progress feedback to patients and their doctors, and incorporates a DEA-approved mailer for easy excess pill disposal. For more information, visit Addinex at www.addinex.com.
Jay Schiff, Co-Founder and CEO
Addinex Technologies, Inc.
[i] Jay Soong-Jin Lee, Hsou Mei Hu, Anthony L. Edelman, Chad M. Brummett, Michael J. Englesbe, Jennifer F. Waljee, Jeffrey B. Smerage, Jennifer J. Griggs, Hari Nathan, Jacqueline S. Jeruss, and Lesly A. Dossett. New Persistent Opioid Use Among Patients With Cancer After Curative-Intent Surgery. Journal of Clinical Oncology 2017 35:36, 4042-4049
[ii] Bicket MC, Long JJ, Pronovost PJ, Alexander GC, Wu CL. Prescription Opioid Analgesics Commonly Unused After Surgery: A Systematic Review. JAMA Surg. 2017;152(11):1066-1071. doi:10.1001/jamasurg.2017.0831
[iii] UNITED STATES FOR NON-DEPENDENCE, An Analysis of the Impact of Opioid Overprescribing in America, September 26, 2017, QuintilesIMS Institute (now IQVIA)
[iv] Substance Abuse and Mental Health Services Administration. (2019). Key substance use and mental health indicators in the United States: Results from the 2018 National Survey on Drug Use and Health (HHS Publication No. PEP19-5068, NSDUH Series H-54). Rockville, MD: Center for Behavioral Health Statistics and Quality, Substance Abuse and Mental Health Services Administration.
[v] Muhuri PK, Davies MC. Associations of Nonmedical Pain Reliever Use and Initiation of Heroin Use in the United States. CBHSQ Data Review, SAMHSA., 2013