£64.6 million AIM IPO for Trellus Health plc
About Trellus Health plc
Trellus Health is commercialising the provision of digital chronic condition management solutions for health plans and employers that utilise the scientifically validated Gaining Resilience Through Transitions (GRITT™) methodology and a proprietary HIPAA compliant technology platform called TrellusElevate™, to coordinate and deliver personalised care remotely via telemedicine.
The GRITT™ methodology and resilience-driven multidisciplinary care model have been scientifically validated to demonstrate meaningful improvements in patient outcomes and over 85% reduction in emergency department visits and hospitalisations. The Company is initially focused on Inflammatory Bowel Diseases (“IBD”), which include the chronic incurable conditions of Crohn’s Disease and ulcerative colitis, but also considers its approach to have potential utility and demand across many chronic conditions.
"We are delighted by the strong support shown by institutional and other investors in our IPO and incredibly proud to have reached this important milestone. Our AIM IPO will enable us to scale our business and technology platform in the US and abroad, and in turn inspire hope and significantly improve outcomes for people suffering with chronic conditions."
Chief Executive Officer of Trellus Health plc