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HealthBeacon plc

HealthBeacon plc

HBCNF
HealthBeacon plcUS flagOther OTC
0.50
USD
+0.48
- -
8.44MMarket Cap
HealthBeacon plc
HBCNF
(Other OTC)

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Business
HealthBeacon plc (Ticker: HBCNF), a digital therapeutics company and subsidiary of Hamilton Beach Health, develops and provides smart connected devices and platforms for medication adherence and injection care management targeting patients with chronic conditions managing injectable therapies at home. The company offers its flagship Injection Care Management System (ICMS), including the Smart Sharps Bin for reminders, adherence tracking, safe sharps disposal with reuse and recycling features, and AI-driven data analytics; HB Wave for prescription refill notifications and visual pill adherence monitoring; HB Smart Scale for weight tracking integration; and the Global Patient Safety Platform, a software solution enabling clinicians to prescribe medications and access behavior-based insights. It sells and leases these medical adherence devices, systems, and risk management platforms on a subscription basis to pharmaceutical companies such as Teva and Novartis, healthcare providers including the NHS, and patients across Europe, the United States, Canada, the United Kingdom, North America, Australia, and Ireland, where operations span up to 15 countries with FDA approval. Founded in 2013 and headquartered in Dublin, Ireland, at Unit 18 Naas Road Business Park, HealthBeacon was acquired by Hamilton Beach Brands Holding Company's Hamilton Beach Health subsidiary in February 2024, finalizing the purchase price allocation by December 2024; this followed a 2021 exclusive multiyear U.S. distribution partnership and supports expanded rollouts under the Hamilton Beach Health brand, remote therapeutic monitoring growth, and further home medical collaborations.

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