HealthBeacon PLC HealthBeacon - HBCN - Annual Report 2022 and Commercial Update

Healthbeacon

30/06/2023 07:00

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RNS Number : 4687E  HealthBeacon PLC  30 June 2023

30 June 2023

HealthBeacon plc

 

Annual Report 2022 and Commercial Update

 

Dublin, HealthBeacon plc ("HealthBeacon" or "the Company"), today announces
the publication of its Annual Report for the year ended 31 December 2022.

Copies of the Annual Report are available online at
https://healthbeacon.com/financial-reports-and-documents/
(https://healthbeacon.com/financial-reports-and-documents/) .

In 2022, HealthBeacon was very successful in acquiring large US Specialty
Pharmacies, Global Pharmaceutical Manufacturers and Clinical Groups that will
drive rapid scaling of its US business over the coming years.

 

HealthBeacon is pleased to confirm the launch of its Accredo specialty
pharmacy rollout with a blockbuster drug in July 2023, as well as, the
activation of its Remote Therapeutic Monitoring Platform to support Medicare
patients in eligible therapeutic conditions. This comes on the back of the
transformative supply chain partnership with Hamilton Beach Brands announced
on June 19(th) to support these large scale rollouts.

 

 

 

ENDS

Enquiries:

HealthBeacon:

Jim
Joyce
investorrelations@healthbeacon.com

Lar Malone

Goodbody (Euronext Listing Sponsor and Broker):

David
Kearney
                        +353 (1) 667 0420

Stephen Kane

Drury (Public Relations):

Cathal
Barry
+353 (0) 87 227 9281

Gavin
McLoughlin
                                             +353
(0) 86 035 3749

 

 

 

 

 

 

About HealthBeacon:

Headquartered in Dublin, HealthBeacon is an Irish digital therapeutics company
that

develops smart tools for managing medications for patients in the home.

 

The HealthBeacon Injection Care Management System tracks adherence and
persistence with medication schedules through the provision of medication
management reminders, safe and sustainable sharps disposal devices,
educational tools, and artificial intelligence (AI) driven data analytics.

 

Peer reviewed evidence supports a 19% improvement in therapy persistence by
patients and up to 26% improvement in adherence to therapy, which improves
clinical outcomes and significantly improves efficiency in health systems.

 

The Company has expanded its offering to growth management with the launch of
its

integrated Smart Scale and oral adherence with the launch of HB Wave which
integrates

with its existing technology.

 

The Company operates across Europe, North America and the United Kingdom and
employs more than 70 people and has obtained more than 30 design and utility
patents.

The Company's mission is to become the world's leading digital therapeutics
platform for patients managing medications in the home.

 

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