22 Nov

HealthBeacon Announces New Round of Investment Funding

Dublin based med tech company, HealthBeacon, this morning announced the company is embarking on a new round of investment funding seeking €5m before 2018 year end.

The announcement was made at “Investing in Digital Health” a major private investor event hosted by the digital health company earlier this morning. The breakfast event in Royal College of Physicians gathered authorities from medical tech, med entrepreneurs, investment trailblazers and medical experts from all over Ireland.

A keynote presentation regarding “Emerging Trends and impact of Digital and Connected Heath” was delivered by Chandana Fitzgerald, Medical Lead, HealthXL.

HealthBeacon designed “Investing in Digital Health” to bring together some of the most forward thinking technology and healthcare minds to discuss the growth and opportunity for investing in digital health around the panel discussion on ‘Emerging trends and impact of connected health’ – from a Global Perspective.

‘We believe that investing in Digital Health not only substantially improves patient outcomes and delivers a return for national health systems, it creates new employment and investor returns also. Ireland is building on its reputation in the Life Sciences and Medtech arenas by now producing quality Digital Health companies such as Health Beacon that are capable of competing Internationally. We see this as a major area of interest going forward.’ Liam Kiely of Cantor Fitzgerald

Event panellists, led by Mike Ryan, Founding Director of Irrus Investments as panel moderator included Jim Joyce CEO HealthBeacon, Conor Hanley, CEO, Fire1 and Rosanne Longmore, CEO Coroflo who were recently awarded €250,000 from Enterprise Ireland and successfully raised €900,000 within its first six months.

We are excited to announce HealthBeacon’s next investment phase, as we continue to move towards global connection of healthcare through assisting in clever patient medication management and revolutionizing medication adherence.   Our technology provides powerful insights for medics by providing real world patient data.  Jim Joyce, CEO, HealthBeacon

To date HealthBeacon has raised over €3m with current investors including Elkstone Partners and Oyster Capital.

HealthBeacon were recently awarded ‘Pharma Project of the Year – Large’ at the Pharma Industry Awards 2017.  HealthBeacon announced the creation of 20 new jobs for the Dublin based digital health earlier this year.

The “Smart Sharps System” helps patients adhere to their medication schedule. Current estimated costs to manage medication non-adherence is estimated to be $290 billion in the US market alone. The use of HealthBeacon smart technology aims to make a dramatic impact to cost savings within the healthcare industry. The expansion of the platform will provide access to the technology globally in Europe, North America, South America and the Middle East.

 
06 Oct

Award Winning Technology

HealthBeacon’s award winning technology received honours last night at the Pharma Industry Awards. HealthBeacon was recognised last night as the Pharma Project of the Year-Large. The award is to recognise an outstanding project undertaken in Ireland’s Pharma industry over the past 12 months. This award was received by Jim Joyce, CEO of HealthBeacon. The award was sponsored by Dawsonpharma Ireland.

The evening’s winners were revealed at a black tie gala evening where the cream of Ireland’s pharma industry was recognised and celebrated in front of hundreds of senior executives.

Attending the event for HealthBeacon, were Jim Joyce, Founder and CEO; Kieran Daly, Founder and CTO; Dave Shanahan, President of Partnerships; Paul Ryan, Head of Operational Effectiveness; Brieanna Kelly, Marketing Director; Richard Shattock, Manager of Strategic Projects; Joyce Power, Quality Manager.

02 Oct

HealthBeacon Awards Season Continues

HealthBeacon’s awards season continues through November, as HealthBeacon is proud to announce that we have been selected as a finalist for the 2017 Export Industry Awards. This nomination comes as HealthBeacon will be attending the Pharmaceutical Industry Awards later this week, and the Irish Times Innovation Awards on October 11th.

According to the Irish Exporters Association “The Export Industry Awards are organised by the Irish Exporters Association (IEA) to recognise the remarkable achievements of companies working in the export industry. Companies can enter from 11 Categories and be in with a chance to be selected as the 2017 Exporter of the Year. The awards acclaim all export industry sectors recognising emerging exporters as well as established indigenous exporters of manufactured goods and services, and onward to the big hitting multinational exporters. There is an opportunity for companies trading successfully in tough European markets and for those companies trading in high growth markets. Entrants may range from small start-up companies to large international corporations depending on the category.”

The nomination is for the Small and Emerging Exporter of the year award, which distinguishes the exceptional performance of micro, small and emerging companies either in the services or the manufacturing sectors who are demonstrating early stage exporting potential.

The awards will be presented November 17th at a gala event in Dublin.

14 Sep

Irish Times Features HealthBeacon

The Irish Times ran a feature article today for Innovation Award Finalist, HealthBeacon. HealthBeacon is a finalist in the Life Sciences and Healthcare Category. In an article written by Olive Keogh, HealthBeacon is recognised for innovation and for changing the face of medication adherence. Keogh writes “Apart from being smart, the HealthBeacon bin also looks smart. Normal sharps bins are brightly coloured clunky plastic containers plastered with warnings. Not exactly an aesthetic addition to any home. The HealthBeacon bin is neat and discreet and constantly displays the user’s adherence score to ensure ongoing patient involvement in their own care.” The article also discusses the steps that HealthBeacon founders Jim Joyce and Kieran Daly have taken to address patient needs on an industry level.

As a finalist in the Life Sciences and Healthcare Category, HealthBeacon is also eligible for the overall award of Innovation of the Year. The Irish Times Innovation Awards Showcase rewards excellence in innovation across a range of groundbreaking products and services. The HealthBeacon team will be present at the awards gala hosted by the Irish Times at the Royal Hospital Kilmainham in October.

Read the full article here. 

15 Aug

HealthBeacon Finalists for Pharma Industry Awards

The Pharma Industry Awards 2017 have recognised HealthBeacon as a finalist in two categories for Pharma Project of the Year, and Innovation of the Year. Since launching in 2014, the Pharma Industry Awards has established itself as the benchmark for excellence for those operating in Ireland’s pharma industry.

The Pharma Project of the Year award recognises an outstanding project undertaken in Ireland’s Pharma industry over the past 12 months. We believe the HealthBeacon project has received this special recognition due to the scale of the opportunity to impact the pharmaceutical industry. With billions of dollars spent annually, medication adherence is one of the most challenging issues facing the industry today.

The Innovation of the Year award recognises a company or organisation that has conceived a new product, packaging solution, process or technology that yielded significant results. This can include adapting or integrating an already existing solution. HealthBeacon is on the forefront of a patient data revolution and the possibilities are considerable. The information gathered by the HealthBeacon could support adherence, clinical trials, and product development to help the industry grow by leaps and bounds.

The finalists will be present and the winners will be revealed at the gala awards ceremony on October 5th at the Clayton Hotel Burlington Road, Dublin.

http://pharmaawards.ie

31 Jul

HealthBeacon featured in Sunday Times

HealthBeacon was featured in The Sunday Times on July 30th, about the advances and growth in the health technology industry. “Shot in the arm for medtech recruits: Health technology has made huge advances and now provides an array of rewarding job prospects.” By Sorcha Corcoran

“With the increasing use of digital technology in healthcare a number of med-tech start-up companies have emerged which are growing and hiring. These include HealthBeacon in Dublin and Nova Leah and Diaceutics in Dundalk.

HealthBeacon has designed a special bin for patients who self-inject medications at home. It is digitally connected and programmed with their personal medication schedule and uses customised reminders to help them stay on track with their medication. Founded in 2013, the company is looking to take on 20 people in Dublin.

‘We plan to hire people for a wide array of roles including product development, engineering and project management,’ said HealthBeacon’s marketing director, Brie Kelly.  ‘In a little over a year, we have grown from the founders to 17 employees and we expect very high growth over the next five years.’ Kelly moved from Arizona to work for HealthBeacon nine months ago. A marketing graduate, she previously worked for Banner Health, which operates 28 hospitals and facilities across six US states. HealthBeacon’s chief executive and co-founder Jim Joyce was born and raised in Boston and the company opened an office there last March.”

 

26 Jun
22 Jun
06 Jun

Prime Minister / HealthBeacon global announcement

Prime Minister and HealthBeacon make global employment announcement

(Chicago, Dublin June 6th, 2017) Today, An Taoiseach Enda Kenny and HealthBeacon CEO Jim Joyce release a joint announcement about the addition of 20 new jobs in 2017 for the HealthBeacon team. This announcement came during the Enterprise Ireland market visit in Chicago and was featured in Irish media outlets.

Jim Joyce - CEO at HealthBeacon

Prime Minister and HealthBeacon make global employment announcement
01 Jun

HealthBeacon – Finalist for Innovation Awards

HealthBeacon Named as Finalist for Irish Times Innovation Awards

(Dublin, June 1st, 2017) Today, HealthBeacon was named as a finalist for the Irish Times Innovation award in the category of Life Sciences and Healthcare.

According to the Irish Times, having made it through the first round of judging, finalists will now present to a distinguished panel of senior business leaders at an event at the Royal Hospital Kilmainham next month. The seven-category award winners and overall Innovation award will be presented at a gala event in October.

HealthBeacon - finalist at the Irish Times Innovation Awards

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