AceAge Inc., the company behind the creation of the automated medication delivery appliance Karie, will collaborate with Centric Health Corporation (“Centric Health”) as the pharmacy fulfillment partner for its upcoming Industry Innovation Partnership Program (i2p2) study, led by the Centre for Aging + Brain Health Innovation(CABHI). The program helps accelerate the testing and evaluation of products and services designed for aging populations.
“Centric Health was not only a natural choice as they are our strategic partner, but they are a great addition to the team in a clinical research setting, where we will be validating our product,” shares AceAge CEO Spencer Waugh. “We are thrilled to be working with one of the top Canadian pharmacies for safe, secure and high quality medication dispensing.”
Karie schedules, monitors and delivers medication for its users, leaving no room for human error leading to medication mix-ups. Karie was developed to improve health outcomes, enable older individuals to age in place and relieve caregivers from the task of medication management.
“We are very pleased to be collaborating with AceAge in the i2p2 study,” says Tim Matthews, COO of Specialty Pharmacy at Centric Health. “We have believed in the vision and efficacy of Karie from the outset as an early partner of AceAge and are of the view that it will become an important tool in managing the health of seniors. We are excited at the clinical validation that we believe will be demonstrated through the study.”
The value that Karie’s automated system brings to the healthcare system will be explored in a cost-effectiveness analysis. The objective of the study is to provide clinical evidence, building towards a more informative decision on paid benefit for insurers and the government.
“We are thrilled to see AceAge collaborating with Centric Health Corporation to test Karie through CABHI’s Industry Innovation Partnership Program. Partnerships like these are at the core of everything CABHI does,” says Dr. Allison Sekuler, Vice-President Research and Sandra A. Rotman Chair at Baycrest, and Managing Director of CABHI. “When innovators and healthcare partners work together, we can get innovative products like Karie into the hands of older adults – in Ontario, in Alberta, and across Canada – and help them live longer and live better.”