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MTX 

Medicines and Therapies Exchange

An innovative open exchange platform that introduces a new and unique way to price and trade innovative medicines, treatments and devices to government-approved healthcare agencies and institutions. MTX employs a virtual currency issued by manufacturers that is linked to a fixed USD value for each medicine, therapy, or device.

From an asset valuation and financial transparency standpoint, MTX requires manufacturers to issue virtual currencies only after real stocks of regulatory-approved medicines and therapies are available to be produced, sold and distributed in a market/geography. 

Benefits

꩜ Accelerating access for innovative technologies and treatments to patients across geographies.

꩜ Optimizing and maximizing the dynamic purchasing power healthcare institutions have given their broad reach of patients.

꩜ Protecting manufacturers from inefficient price erosion and margin dilutions to manufacturers caused by current market practices and regulations.

꩜ Promoting pricing harmony/parity across geographies and a transparent use of public health resources

 

Sustainable Development goals