Trellus Health (TRLS)

Sector:

Health Care

Index:

FTSE AIM All-Share

2.13p
   
  • Change Today:
      0.13p
  • 52 Week High: 9.20
  • 52 Week Low: 1.75
  • Currency: UK Pounds
  • Shares Issued: 161.51m
  • Volume: 2,782,044
  • Market Cap: £3.43m

Trellus Health launches consumer offering for IBS sufferers

By Josh White

Date: Friday 17 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Trellus Health announced the launch of a direct-to-consumer (D2C) offering for people living with Irritable Bowel Syndrome (IBS) on Friday.
The AIM-traded company said the solution was based on a personalised, resilience-driven self-management programme, which had been scientifically validated to support chronic health conditions at their intersection with mental health.

It said the D2C offering included coordinated and personalised emotional, nutritional, and behavioural support, delivered remotely through digital solutions, as well as access to an expert resilience team via telehealth.

The firm said it had also expanded its existing agreement with the Mount Sinai Health System to include the 'Trellus Method' as a wellness benefit for patients with IBS, in addition to those with inflammatory bowel disease (IBD).

It said the contract was originally disclosed in regulatory announcements made in October and December, adding that the expansion was part of its strategy to make the Trellus Method available to a larger target patient population by addressing resilience in an IBS as well as an IBD context.

"I am delighted to be in a position to launch the Trellus Method for IBS program, through both our D2C offering and by expanding one of our contracts with Mount Sinai," said chief executive officer Dr Marla Dubinsky.

"Trellus now offers a comprehensive gastroenterology (GI) solution for both IBS and IBD, and this represents the culmination of a lot of hard work by the team."

Dr Dubinsky said IBS affected around 30 million people in the US, adding that it often had a "significant impact" on a person's quality of life.

"We look forward to working with patients and partners to further evaluate how the Trellus Method can empower those suffering with IBD, and now also IBS, to achieve better health outcomes and increased quality of life, with reduced healthcare costs."

At 1442 GMT, shares in Trellus Health were up 8.8% at 8.16p.

Reporting by Josh White for Sharecast.com.

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Trellus Health Market Data

Currency UK Pounds
Share Price 2.13p
Change Today 0.13p
% Change 6.25 %
52 Week High 9.20
52 Week Low 1.75
Volume 2,782,044
Shares Issued 161.51m
Market Cap £3.43m

Trellus Health Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.38% above the market average48.38% above the market average48.38% above the market average48.38% above the market average48.38% above the market average
54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average
Price Trend
94.61% below the market average94.61% below the market average94.61% below the market average94.61% below the market average94.61% 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
24.17% below the market average24.17% below the market average24.17% below the market average24.17% below the market average24.17% 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 23-Apr-2024

Time Volume / Share Price
14:16 3,636 @ 2.00p
11:50 74,524 @ 2.34p
11:47 17,872 @ 2.35p
11:41 25,000 @ 2.22p
11:41 125,000 @ 2.20p

Trellus Health Key Personnel

CEO Marla Dubinsky

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