REG - HealthBeacon PLC HealthBeacon - HBCN - Update on Examinership Process
31/01/2024 14:15
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RNS Number : 5731B HealthBeacon PLC 31 January 2024
Update on Examinership Process
Dublin, 31 January 2024. The board of HealthBeacon plc ("HealthBeacon" or
the "Company) announces an update on the Examinership process the Company is
currently going through.
Further to the announcement made on 29 January 2024, a hearing before the High
Court will take place at 11 am on 1 February 2024 seeking the sanction from
the High Court of the Scheme of Arrangement which had been formulated by the
Examiner to enable the Company to survive as a going concern.
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Enquiries: Investor.Relations@HealthBeacon.com
(mailto:Investor.Relations@HealthBeacon.com)
HealthBeacon:
Rebecca Shanahan
Lar Malone
Goodbody (Euronext Listing Sponsor and Broker): +353 (1) 667 0420
Finbarr Griffin
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. 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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