Medtech firm HealthBeacon warns it only has a few weeks of cash left

HealthBeacon listed on the Euronext Dublin exchange in 2021. 

The board of Dublin-based medtech firm HealthBeacon has said the company only has enough cash to continue to trade for another few weeks and “requires additional financing urgently”.

In an update on financial discussions, the board of HealthBeacon said its short-term working capital position has “deteriorated” and it now believes the company “only has sufficient cash to continue to trade until the last week of October 2023”.