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