1
Investor Presentation
2022 Half Year Results
30 September 2022
Smart tools for managing medication
Overview &
highlights
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Overview
Delivering an industry leading solution to a real, global problem at an accelerating pace
Leadership
The HealthBeacon© has built and launched the world's first FDA cleared Smart Sharps Technology that material impacts adherence to injectable therapy.
HealthBeacon has strengthened its position significantly as the world's leading digital therapeutics platform for patients managing medications in the home, signing transformational contracts with a number of the world's leading health systems, pharma companies
Momentum
Customer wins; New Partnerships; Key Appointments; Capacity Expansion; Product Development; increasing routes to market; and the signing of 7 international clients to its notable client base in 2022 will support the Company's Growth Trajectory
>600k | |
Injections | |
25 global clients | 3 product & Tracker |
service | |
(+7 in 2022 YTD) | launches |
70+
employees
across key
markets
1 World's 1st FDA cleared Smart
+57%# Sharps Bin
increase in
revenue
100k Unit target for Q1 FY2024
25 Global pharma + large health system clients
26 Improvement in medical adherence % clinically evidenced
Up to
3
Accelerating growth driving progress
Significant traction underpinning 100k target; momentum built on pace of consistent leadership delivery
H2 2021
- NHSx approval received
- Medicare Remote Therapeutic Monitoring Codes published with addition of medication adherence devices
- Peer-reviewedpublication of 19% persistence increase
- Second US Specialty Pharmacy project launched
- €25m IPO completed in December 2021 (Gross Proceeds)
- +122% increase in units deployed in December 2021 (versus December 2020)
Q1 2022
- DTC Launch in partnership with Hamilton Beach
- Evernorth Specialty Pharmacy commercial contract signed
- Peer-reviewedpublication of 26% adherence increase
- 35k units ordered to fulfil near term demand
- EPA approval for HealthBeacon's Green Labs. Enables more sustainable processing of sharp bins & injection waste
- Patient Safety Software Platform Launched
Q2+ 2022
- Pivoted and modified processes quickly to resolve supply chain delay
- Continued expansion of client base to 25 currently, from 18 at the end of 2021
- Added to Evernorth's Digital Health Formulary, an industry-firstplatform of credible health apps validating the quality and effectiveness of our ICMS
- Two new products launched HB Smart Pills and HB Smart Scale further leaning into our existing channels and client base
- Commercial Partnership with the American Pharmacists Association (APhA)
- US launch of Green Labs.
- Commenced Trading on the OTCQX Market
Underpinning
100K target by
end of Q1
2024
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Multiple routes to market delivering value
Unlocking the US opportunity through specialty pharmacy and payer support
1 Patient Support
Programmes
2 | Direct to | 3 | Reimbursed Digital |
Consumer ("DTC") | Therapeutic ("DTx") |
Significant traction with Specialty Pharmacy organisations in the US
Currently working with 3 of the top 5 organisations
US and Canada Strategic Partnership announced with Hamilton Beach
Leverage relationship with retailers and brand
Public or private insurer payer compensates HealthBeacon for the provision of our Smart Sharps Bin
Currently trialling Medicare reimbursement in the US
Added to Evernorth's Digital Health Formulary. The world's leading digital therapeutics platform
Access to significant patient volumes on critical medications
Progress rollout throughout | Medicare now reimburse | * | |
retailers gaining access to | |||
remote therapeutic | |||
patients in the pharmacy | = | 100k | |
monitoring devices | |||
setting | |||
Lean into retail pharmacy | Working with Clinicians to | units | |
enhance opportunity | |||
organisations and pharmacists | |||
Progress channel through | |||
recommendation power | |||
+ | 2023 and 2024 in the US | ||
+ |
Real Time RX | Safe + Sustainable | Engagement | AI + Clinical |
Monitoring | Disposal | + Education | Support |
*By Q1 2024
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Healthbeacon plc published this content on 30 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2022 06:13:04 UTC.