Trellus Health (TRLS)

Sector:

Health Care

Index:

FTSE AIM All-Share

2.00p
   
  • Change Today:
      0.25p
  • 52 Week High: 9.20
  • 52 Week Low: 1.70
  • Currency: UK Pounds
  • Shares Issued: 161.51m
  • Volume: 199,038
  • Market Cap: £3.23m

Trellus Health IBD programme expands to GI OnDemand

By Josh White

Date: Wednesday 19 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Trellus Health announced on Wednesday that the 'Trellus Resilience Training and Self-Management Solution' for inflammatory bowel disease was now available on GI OnDemand, a gastroenterology-focussed multidisciplinary virtual integrated care platform.
The AIM-traded firm said GI OnDemand - a joint venture between the American College of Gastroenterology (ACG) and Gastro Girl, now offered the Trellus IBD programme, to all GI OnDemand and ACG members to coordinate and deliver personalised behavioural, emotional and nutritional support for their IBD patients remotely via digital solutions, and access to an expert resilience team via telehealth.

It said the Trellus IBD programme would be the only resilience driven self-management training solution offered via the platform to more than 16,000 gastrointestinal professionals across the United States, for the benefit of the "millions of patients" they collectively serve.

The partnership with GI OnDemand formed a "key part" of Trellus Health's strategy to expand access to its self-management solution through multiple channels, including via healthcare providers and directly to patients, and was expected to prove to be a key channel to market for accessing direct-to-consumer customers.

Trellus said it intended to leverage the data generated on expected improvements in outcomes and on reductions in the cost of caring for gastrointestinal patients, to support the wider rollout of its solution to both private and nationally-funded healthcare payers.

"I am delighted to launch our partnership with GI OnDemand which adds another significant growth channel under our direct-to-consumer model to support the commercialisation of the Trellus IBD self-management programme," said chief executive officer Dr Marla Dubinsky.

"We will be the only resilience training solution offered to this network of over 16,000 US-based gastrointestinal professionals and alongside our licensing agreement with the Crohn's and Colitis Foundation, the largest patient advocacy group for IBD in the US, we have already established the broadest possible reach into the US gastroenterological community, to access both patients and GI providers nationwide."

At 1153 BST, shares in Trellus Health were down 10.38% at 11.65p.

Reporting by Josh White at Sharecast.com.

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Trellus Health Market Data

Currency UK Pounds
Share Price 2.00p
Change Today 0.25p
% Change 14.29 %
52 Week High 9.20
52 Week Low 1.70
Volume 199,038
Shares Issued 161.51m
Market Cap £3.23m

Trellus Health Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.41% above the market average49.41% above the market average49.41% above the market average49.41% above the market average49.41% above the market average
48.39% above the sector average48.39% above the sector average48.39% above the sector average48.39% above the sector average48.39% above the sector average
Price Trend
94.96% below the market average94.96% below the market average94.96% below the market average94.96% below the market average94.96% below the market average
83.78% below the sector average83.78% below the sector average83.78% below the sector average83.78% below the sector average83.78% below the sector average
Income Not Available
Growth
24.26% below the market average24.26% below the market average24.26% below the market average24.26% below the market average24.26% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

Trellus Health Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
14:01 100,000 @ 2.00p
12:34 50,000 @ 2.00p
09:22 25,000 @ 1.80p
09:22 24,038 @ 1.70p

Trellus Health Key Personnel

CEO Marla Dubinsky

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