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HealthBeacon starved of finance at critical juncture

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Cashflow has dried up for the burgeoning health-tech firm that was valued at €100m on its IPO, leaving its future hanging in the balance

A little under two years ago, Jim Joyce was dreaming big about the opportunities that lay ahead for HealthBeacon, the Irish medical device company he co-founded.

“We want a big company that’s going to be around for a long, long time,” he told the Business Post in November 2021. This weekend the picture has changed utterly. Joyce is no longer the company’s chief executive. Nor is he a non-executive director, having stepped down from both ...

 

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