Trellus Health
plc
("Trellus Health", the
"Company" or the "Group")
Trellus Health to Bring
Holistic Support to Patients, Working With a Pharmaceutical
Company
LONDON, U.K. AND NEW YORK, U.S. (14 January
2025). Trellus Health plc (AIM:
TRLS), a healthcare company delivering Trellus Elevate™, a digital
platform that integrates data analytics with personalized,
scientifically proven resilience programs and value-based solutions
to manage complex chronic conditions, announced it has entered into
an agreement with Johnson & Johnson Health Care Systems Inc. to
support a pilot in the US to assess the potential for the Trellus
Elevate program to support patients with moderately to severely
active inflammatory bowel disease (IBD).
As part of the agreement, Trellus
Health® will receive an undisclosed upfront licensing fee, along
with a fixed monthly management fee. The one-year collaboration
will provide eligible patients prescribed a Johnson & Johnson
therapy access to Trellus Elevate™.
Patient Support Programs (PSPs),
provided by pharmaceutical companies, are designed to help patients
manage their medical conditions alongside prescription therapies by
offering resources and tailored support. By integrating Trellus
Elevate™ into such a program, patients are offered the tools and
confidence to navigate the emotional and physical challenges of
their condition, stay engaged, adhere to treatment plans, and take
control of their health journey.
Dr.
Marla Dubinsky, Chief Executive Officer of Trellus Health,
said:
"We identified the pharmaceutical sector as a key strategic
vertical in our September interim results and are excited to
announce our first major collaboration in this vertical. Trellus
Elevate™ provides a seamless, end-to-end solution from clinical
trials to commercialisation, leveraging our proprietary
resilience-based approach to drive trial and patient support
success.
"We have reached a therapeutic ceiling with many existing
treatments for IBD and it is only by addressing both the mind and
body that we can truly break through that barrier. Managing and
adhering to treatment regimens for lifelong, incurable immune
conditions like IBD can be overwhelming for patients, making
comprehensive support essential. By providing holistic wraparound
care, we can help patients stay on track with their therapies and
empower them to thrive. We look forward to working
with Johnson & Johnson and leveraging our Trellus Elevate™
platform and our innovative methodology to help support patients'
needs."
This announcement contains inside
information for the purposes of article 7 of the Market Abuse
Regulation (EU) 596/2014 as amended by regulation 11 of the Market
Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
For
further information please contact:
Trellus Health plc
|
https://trellushealth.com/
|
Dr. Marla Dubinsky, Chief Executive
Officer and Co-Founder
|
Via Walbrook
PR
|
Joy Bessenger, Chief Financial
Officer
|
|
|
|
Singer Capital Markets (Nominated Adviser and
Broker)
|
Tel: +44 (0)20 7496
3000
|
Jen Boorer / James Todd / Jalini
Kalaravy
|
|
|
|
Walbrook PR
|
Tel: +44 (0)20 7933
8780 or trellus@walbrookpr.com
|
Paul McManus / Phillip Marriage
/
Louis Ashe-Jepson
|
Mob: +44
(0)7980 541 893 / +44 (0)7867 984
082/
+44 (0)
7747 515 393
|
|
| |
About Trellus Health plc (www.trellushealth.com)
Trellus Health (AIM: TRLS) is a
healthcare company providing value-based innovative solutions and
services, helping people with chronic conditions take control of
their health through a proven, scientifically validated
self-management solution and continuous, personalised support.
Trellus Health's approach empowers patients to better navigate the
emotional and physical challenges of their conditions, leading to
significant cost savings, enhanced treatment adherence, and
long-term, sustainable health outcomes.
Trellus Health integrates its
proprietary resilience-based methodology with the technology,
tools, and expert coaching and educator team to deliver Trellus
Elevate™, a whole-person technology-enhanced condition management
platform. The Company is initially focusing on chronic costly GI
conditions that have a high mental health burden, such as
Inflammatory Bowel Disease (IBD). Among IBD patients, applying
Trellus Elevate™ resulted in over 90% fewer hospitalisations and a
reduction of over 70% in emergency room visits. Given the common
emotional and mental health struggles associated with a variety of
chronic conditions, Trellus Health considers its approach to have
potential utility and demand across many conditions.
Trellus Health® also offers a seamless solution for
pharmaceutical partners from clinical trials to commercialisation,
harnessing resilience-based methods to drive both trial and patient
support success by empowering patients to stay engaged, adhere to
their treatment, and manage their health confidently.
The Company was founded by Mount
Sinai faculty members Marla C. Dubinsky, MD and Laurie Keefer, PhD,
both world-leading experts at treating and healing both the
physical and emotional impacts of IBD and have been innovators for
whole-person healthcare for a combined 50 years.
Shares in Trellus Health were
admitted to trading on AIM in May 2021, under the ticker TRLS. For
more information, visit: www.trellushealth.com