News Formal

HealthBeacon starved of finance at critical juncture

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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 ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ousted HealthBeacon chief executive signals interest in rescue investmentJim Joyce founded company a decade ago
Source: IrishTimes - 🏆 3. / 98 Read more »

Business Today: Adeaqute house insurance warning, HealthBeacon rescue and too many regulatorsThe best news, analysis and comment from The Irish Times business desk
Source: IrishTimes - 🏆 3. / 98 Read more »

Market Beat: Time could be right for Government to sell down more AIB sharesAIB set to see its levy jump to almost €100m next year from an annual charge of €37m in recent times
Source: IrishTimes - 🏆 3. / 98 Read more »