St. Petersburg, FL – InView Analytics, Inc, a Microsoft (NASD: MSFT) for startups company, has launched a service that provides essential information on medication stock availability based on location, including solutions for drug shortages and pharmaceutical waste. The InView Analytics platform is an AI-enhanced inventory software that creates a revolutionary virtual supply chain for pharmaceutical medications.
According to the American Society of Health-Systems Pharmacists (ASHP), nearly 200 drugs are on the drug shortage list in the U.S. alone, including essential medicines such as amoxicillin and Tamiflu. The InView Analytics platform is designed to quickly locate medications in short supply or generic alternatives that may be sitting on pharmacy shelves, connecting siloed healthcare systems to a centralized inventory hub and enabling pharmacists to better manage drug shortages proactively. When multiple pharmacies systematically share their inventory, they construct a networked pool of stock larger than each individual pharmacy can hold. This solves the problem of inventory data fragmentation in healthcare and allows pharmacies to adjust their inventory to meet the local demand for critical drugs.
“Through our trusted pharmacy network, our product transforms pharmacies into micro-fulfillment centers by enabling nationwide search and delivery of vital medicines to the people who need them most,” stated Dr. Alex Toth, RPh, InView Analytics Co-Founder and owner of Plumsted Pharmacy. “It’s not just antibiotics and antivirals; this also includes insulin, medicines for psychiatric illness, medicines for children with ADHD, and adults for heart and high blood pressure. Although substitutions may be possible, they are far from ideal and could themselves run out of stock. Our product solves this shortage crisis.”
“InView is leveraging connected inventories, used to optimize other industries, to increase the availability of individual drugs, and eliminate pharmaceutical waste,” remarked John Barto, Microsoft’s Chief Digital Transformation Officer & Healthcare Evangelist, in a statement.
About InView Analytics
InView is a purpose-driven healthcare technology company that drives value through its unique combination of connected inventory, collaboration, and micro-fulfillment distribution. The platform is designed to connect prescribers to pharmacies and pharmacies to patients. InView is committed to solving drug shortages, eliminating drug waste, and expanding healthcare access for those in need. For more information on InView Analytics Inc, please visit Inviewanalytics.com.
Source: InView Analytics