Medisafe 1 Technologies Corp. (MFTH) is “One to Watch”
Medisafe 1 Technologies Corp. is focused on developing and commercializing a proprietary solution that effectively prevents unauthorized administration of a drug or medicinal substance by hypodermic needle. The company’s patented technology is a medical assembly with a locking mechanism designed to protect patients from receiving the wrong medication by requiring positive pre-matching between the substance and its intended patient. According to the Institute of Medicine, medication mistakes are the most common medical errors. In addition to harmful and even deadly consequences to patients, these errors result in a conservatively estimated $3.5 billion of additional medical costs for treating drug-related injuries.…