Monday, November 29, 2010

Medisafe 1 Technologies Corp. (MFTH.OB) and Major Jerusalem Hospital Enter Discussions to Launch Pilot Project

With headquarters in Ann Arbor, Michigan, Medisafe has developed a global presence by protecting the lives of medical patients and the hospital industry as a whole. The company accomplishes this by effectively preventing the unauthorized administration of drug or medicinal substance by hypodermic needles with patented locking mechanisms to ensure a patient only receives the correct dosage.

Today, Medisafe took another step towards prominence with the announcement they are in discussions to launch a pilot of its syringe locking device with a major hospital in Jerusalem. The target date for launching the pilot program will be within the next six months and will demonstrate the effectiveness of the device to physically block the administration of incorrect medications or dosages to patients.

The technology will feature a barcode reader that will confirm both the medication and its intended patient. If there is a possibility for an incorrect administration of the dosage, the locking device on the syringe will not open and administration will not be possible which will protect the lives of patients and hospitals from medical malpractice lawsuits.

Leading the way at Medisafe 1 Technologies is Jacob Elhadad who serves as the CEO. When asked what this announcement means to the future of the company, Elhadad was quoted as saying, “We are optimistic about the early discussions with a very well-respected department in one of the region’s best hospitals. The successful implementation of this pilot could potentially lead to more widespread demand for our technology.”

To learn more about Medisafe 1 and their technologies, visit the company’s website at: www.medisafe-tech.com

About QualityStocks:

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: