Telemedicine startups brace for regulatory shift

 

Telemedicine startups are bracing for a regulatory shift as the Drug Enforcement Administration's proposal to tighten the regulation of controlled substances nears completion. Critics argue that the clampdown will limit access to opioid therapy for those living in remote regions and dealing with stigma. This may further complicate the opioid crisis as only 22% of people use opioid-use disorder medications, per the National Institute of Drug Abuse. 

  • Under the new proposal, telemedicine startups will be able to prescribe to patients a 30-day supply of buprenorphine, a drug used to treat opioid addiction, but will need in-person examination thereafter to provide additional prescriptions. 
    • Recently the DEA banned online prescriptions of Adderall for first-time patients, citing the improper prescriptions given by telehealth companies during the pandemic. 
  • Although buprenorphine can be misused, Brian Hurley, the president of the American Society of Addiction Medicine, believes that telemedicine mediums are critical in making the drug accessible. 

  • DEA removed the in-person examination requirement after the onset of the COVID-19 pandemic. 
  • VC funding for opioid addiction treatment startups surged to $279.7M, nearly seven times higher than 2017's totals of $38.6M.

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