NXP Launches New Platform to Transform Therapy Adherence

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News Desk 2018
NXP Launches New Platform to Transform Therapy Adherence

EINDHOVEN, Netherlands, Nov. 18, 2015 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today announced the launch of NHS315x, a therapy adherence improvement platform. This marks NXP’s commitment to the Smart Health sector and showcases the pivotal role technology can play in long-term patient therapy.

Despite medical advances in recent decades, many treatments are still not as effective as they could be as many patients do not take their medicines as prescribed. Elderly patients may have difficulty in remembering to do so. Chronically ill patients may discontinue taking their medication once they feel better, unaware their disease may recur with severe knock-on effects. The incurred impact linked to poor therapy adherence in the US is estimated around 280 Billion USD and 125,000 casualties every year.

NXP is launching a solution that helps address this problem. An NFC-enabled sensor is embedded in blister packs or pill bottles and tracks which medication was removed at what time from the package. That information is recorded through the user simply tapping their smartphone to the package. This information can subsequently be used to offer therapy specific and personalized services to support patient, care-giver or healthcare professional.

“The World Health Organisation (WHO) reports that as many as 50 percent of patients experience difficulty following long-term treatment recommendations. These patients suffer as the ineffective treatment will deteriorate their health condition. Public or private payors suffer, as treatments will take longer and become more expensive” commented Bart De Loore, vice president responsible for NXP’s personal health business. “Improving therapy adherence benefits the patient, public and private health budgets and pharma companies who can demonstrate improved patient outcomes. We believe the launch of our therapy adherence platform will help address one of the biggest challenges facing health care systems globally.”

The product value proposition has already been confirmed in the Honors Academy program at the Radboud University in the Netherlands, who conducted a study around therapy adherence and how technology can be effectively used to address the problem.

NXP will collaborate with pharmaceutical and medical packaging companies, application developers, as well as public and private payors to deploy this solution. It will be demonstrated for the first time at AIPIA World Congress 2015 in Utrecht, Netherlands on November 18-19.

AIPIA World Congress 2015 is held at the Jaarbeurs congress center, Utrecht with NXP presenting on 18 November at 16:40 and on Thursday 19 November at 16:30. For the full exhibition program click here.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ:NXPI) creates solutions that enable Secure Connections for a Smarter World. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the application areas Connected Car, Security, Portable & Wearable and Internet of Things. NXP has operations in more than 25 countries, and posted revenue of $5.65 billion in 2014. Find out more at nxp.com.

Forward-looking Statements

This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP’s SEC filings. Copies of NXP’s SEC filings are available from the SEC website, www.sec.gov.

For further press information, please contact: Europe: Martijn van der Linden +31 6 10914896 martijn.van.der.linden@nxp.com Greater China / Asia: Esther Chang +886 2 8170 9990 esther.chang@nxp.com Americas: Hillary Cain +1 408 518 5227 hillary.cain@nxp.com

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