CA (ON): A evidence-based medical cannabis formulary platform for patients to be launched

Reformulary Group, a Canadian healthcare technology company, has announced the launch of Cannabis Standard™ – the first evidence-based medical cannabis formulary and research platform for patients, employers and physicians – available on a subscription basis to patients.

"Cannabis Standard, one-part formulary and one-part research platform, uses evidence to help patients determine if they are a good candidate for medical cannabis, a class of medicines also referred to as cannabinoid-based medicine (CBM). The platform also works to find the right product for the patient’s specific conditions and symptoms", the team with the company explains. 

Moreover, the company explains that "Cannabis Standard is based on a comprehensive review of clinical evidence related to medical cannabis, and on the advice of an expert committee – first announced in May, 2018. The committee includes practicing physicians and expert clinical pharmacists (please see below for complete list of committee members)."

“Until now, there was an absence of a comprehensive review of evidence around medical cannabis. Patients and physicians did not have access to the necessary information around dosing, strains and product types,” says Helen Stevenson, Reformulary Group founder and CEO. “Cannabis Standard is designed to help patients make informed decisions and take an active role in building evidence for medical cannabis use. It also provides detailed product recommendations and dosing that can help patients start the conversation with their physicians.”

Cannabis Standard connects patients and physicians through its “Note for my Doctor” feature, an electronic note generated when the patient inputs his/her condition and symptoms. The memo provides detailed information about suitable lines of therapy, dosing and strains and makes a product recommendation.

The company points out that "The platform uses a survey research tool to help patients track their outcomes to better assess how medical cannabis affects their symptoms and quality of life. The insights will help Reformulary Group better understand the broader use and benefits of medical cannabis – informing future research projects and supporting better health outcomes for all patients."

"Cannabis Standard also connects patients with several Licensed Producers (LPs). These partnerships provide Canadians, subscribed to the platform, with medical cannabis products at preferred prices – offering patients the full benefits of preferred pricing. The company does not take any commissions, nor does it benefit from the sale of medical cannabis."

"Reformulary Group has partnership agreements with four preferred LPs to-date: Canopy Growth (Spectrum Cannabis) MedReleaf, Aphria and Starseed. The company continues to add LP partners to its formulary and is also building a product categorization model, which identifies all LP products that meet with specifications. This will ensure patients are able to see comparable products during a supply shortage."

According to the company, "there are over 340,000 authorizations for medical cannabis in Canada; however, only four per cent of employers are providing coverage in their benefit plans. Many employees are taking a proactive approach and asking their employers for information and/or coverage for medical cannabis. Cannabis Standard functions as a valuable platform for employees and employers alike."

“Although a number of companies are not ready to add medical cannabis to their benefits plans at this time, there is a growing need for employers to offer some form of support to employees who are medical cannabis patients,” says Alison McMahon CEO, Cannabis at Work. “Employers who secure access to preferred pricing from multiple cannabis producers, as well as medical guidance for their employees, can provide a valuable benefit to their workforce.”

For more information: 
Reformulary Group
55 York Street
Suite 1400
Toronto, ON
M5J 1R7
416-519-9729
info@reformulary.com  
reformulary.com 

 


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber