HealthBeacon SHA

Legal Proceedings Report • Jan 31, 2024

National Storage Mechanism | Additional information

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
HealthBeacon: Rebecca Shanahan Lar Malone
Goodbody (Euronext Listing Sponsor and Broker): Finbarr Griffin	+353 (1) 667 0420
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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