HealthBeacon
HealthBeacon is a Dublin-based connected health company that builds an FDA-cleared Smart Sharps Bin and companion Injection Care Management System to improve medication adherence for patients on self-injectable therapies. It sells primarily through B2B partnerships with global pharmaceutical companies, specialty pharmacies, US clinics using RTM codes, and NHS trusts via its Pathfinder RMP platform.
- Company typePrivate
- Founded2013
- HeadquartersDublin, Ireland
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What HealthBeacon does
HealthBeacon Limited, founded in Dublin in 2013 and acquired by Hamilton Beach Health in 2024, builds connected health devices and software for patients prescribed self-administered injectable medications. Its core product is an FDA-cleared Smart Sharps Bin that records each injection drop, issues timed reminders, and transmits behavior-based adherence data to a companion platform. This hardware sits at the center of the Injection Care Management System (ICMS), which combines the device with the HB Companion App, Care Team intervention workflows, the HB Mailback Kit for sharps waste return, and the HB Green Labs processing facilities that recover, sterilize, and reuse the bins in Ireland and the United States. The company also operates the Pathfinder RMP platform, a separate digital risk-management product used by NHS trusts and pharmaceutical companies to manage regulatory compliance for complex therapies.
The technology stack is a closed-loop hardware-plus-software system: sensor-driven bin captures injection events, cloud platform aggregates data, automated rules trigger SMS and app reminders, and Care Team staff intervene on detected missed doses or disconnected devices. Certifications include FDA 510(k), CE marking, HIPAA, GDPR, ISO 14001, ISO 14064-3, and ISO 23907, and the company operates in 15 countries across Europe and North America.
HealthBeacon generates revenue primarily through multi-year B2B subscription contracts with global pharmaceutical companies (named customers include Teva and Novartis), specialty pharmacy channel partners bundling ICMS with injectable medication fulfillment, US clinic partnerships that bill Medicare and Medicaid via Remote Therapeutic Monitoring (RTM) codes, and Pathfinder RMP licensing to NHS trusts and pharmaceutical organizations. Revenue mechanics are recurring rather than transactional, with pricing not publicly disclosed and contracts structured as patient support program engagements rather than unit sales.
HealthBeacon firmographics
Firmographics- Name
- HealthBeacon
- Legal name
- HealthBeacon Limited
- Website
- https://healthbeacon.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HealthBeacon is a Dublin-based connected health company that builds an FDA-cleared Smart Sharps Bin and companion Injection Care Management System to improve medication adherence for patients on self-injectable therapies. It sells primarily through B2B partnerships with global pharmaceutical companies, specialty pharmacies, US clinics using RTM codes, and NHS trusts via its Pathfinder RMP platform.
- Ownership category
- akta.pro rank
HealthBeacon industry classification
Industry- Product category
- Digital Health Medication Adherence
- NAICS
- Surgical Appliance and Supplies Manufacturing (339113)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers) (HLACAPAH)
- akta.pro secondary industries
- Connected Therapeutics & Smart Drug Delivery Monitoring (HLACAFAL), Drug Delivery Connectivity, Sensors & Digital Add-Ons (Smart Caps/Companion Apps) (HLAHAIAM), Sharps Safety, Needlestick Prevention & Disposal (Safety Devices, Sharps Containers) (HLAHANAH)
Keywords
Where HealthBeacon is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices4 records
Markets served
HealthBeacon business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- B2B Pharmaceutical Partnerships: HealthBeacon provides its ICMS to patients through patient support programs delivered in partnership with pharmaceutical companies. Revenue is generated through these commercial arrangements with pharma clients who offer the service to their patients as part of medication support programs.
- Specialty Pharmacy Programs: The ICMS is available through specialty pharmacy patient support programs, where the service is bundled with pharmacy services for patients on injectable medications.
- Remote Therapeutic Monitoring (RTM): Partnership with specific clinics in the US enables Medicare and Medicaid patients to access partial or full coverage of ICMS using Remote Therapeutic Monitoring (RTM) codes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Patient Support Program Pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
HealthBeacon product offering
Product offeringCore offering
HealthBeacon provides an FDA-cleared Smart Sharps Bin paired with its Injection Care Management System (ICMS), a connected medication adherence platform that tracks injections, sends reminders, and enables Care Team interventions for patients on self-injectable therapies. The offering bundles the smart device, HB Companion App, HB Mailback Kit for sharps waste, and (separately) the Pathfinder Risk Management Platform used by NHS trusts and pharmaceutical companies for digital aRMMs/REMs compliance.
Product overview
HealthBeacon offers a platform of connected medication adherence solutions centered around its FDA-cleared Smart Sharps Bin and the Injection Care Management System (ICMS). The core ICMS platform integrates the Smart Sharps Bin (for injection tracking and reminders), the HB Companion App (for patient self-service and data visibility), and the HB Mailback Kit (for sustainable waste disposal). The Pathfinder RMP is a separate but complementary platform for risk management and compliance for complex therapies. Supporting services include HB Green Labs and HB Green Returns, which handle the sustainable recovery, sterilization, and reuse of sharps bins. The system is designed for patients self-administering injectable medications at home, working in partnership with pharma companies, specialty pharmacies, and healthcare providers.
Differentiator
Problem solved
Functional benefit
Brands
- Pathfinder RMP: Digital implementation of aRMMs and REMs for complex therapies across the UK, Europe and global markets. Supporting patient safety with quality patient safety across the UK and Ireland.
- HB Green Returns
- HB Green Labs
- HB Companion App
Products and services
- Smart Sharps Bin FDA-cleared smart device that helps patients stay on time and on track with their injection therapy by sending injection reminders, tracking medication adherence, and providing a safe way to dispose of sharps waste. Central component of the Injection Care Management System.
- Pathfinder Risk Management Platform Digital platform for implementing aRMMs and REMs for complex therapies. Enables seamless closed-loop communication between healthcare professionals, supports compliance to risk management measures, and simplifies clinical steps needed to safely prescribe complex medicines. Adopted by 300 NHS trusts with 100,000 prescriptions safely issued and 23,000 patients supported.
- HB Companion App Mobile application available to patients on certain HealthBeacon programs. Hosts personalized data and reporting, conveniently keeps injection history data together in one place, lets patients log injections when away, update reminders, track injection site rotations, and share reports with caregivers.
- HB Mailback Kit Service that allows patients to seamlessly manage sharps waste from home. When the Smart Sharps Bin alerts that the container is almost full, a prepaid mailback box is shipped to patients for returning their full container for safe disposal and recycling. Currently available in the US, Ireland, and Germany.
- HB Green Labs Processing facility that recovers, sterilizes, and reuses the company's sharps bins, enabling a circular economy for medical injection devices and reducing environmental impact. Facilities operate in Ireland and the USA.
- HB Green Returns Streamlined mailback system for the return of filled sharps bins, allowing patients to securely and effortlessly dispose of their sharps bins by mail. Returned bins are shipped to an EPA-licensed facility for processing, offering pharmaceutical companies a sustainable method to track and dispose of product waste responsibly.
Quantifiable outcome
- 19% improvement in persistence (reduced discontinuation risk) at month 12, with 70.6% of patients remaining on treatment.
- +5 more outcomes
Companies that use HealthBeacon
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles5 records
HealthBeacon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature6 records
HealthBeacon partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- TevacoreHealthBeacon and Teva have an excellent partnership in Ireland. Teva's Speciality Medicines Director states that patients really value the service and the impact on patients has been extremely positive. Teva provides injectable specialty medicines and HealthBeacon provides adherence support for their patients.
- NovartiscoreNovartis partnered with HealthBeacon on sustainable medical waste management solutions. With increased provision of healthcare in patients' homes, the partnership focuses on developing sustainable solutions to medical waste management. Novartis is proud to partner on this initiative.
- Specialty PharmaciescoreHealthBeacon's ICMS is available via patient support programs delivered in partnership with specialty pharmacy clients. Pharmacies offer the service bundled with injectable medication delivery to differentiate their patient services.
- US Clinics and Healthcare ProviderscoreHealthBeacon partnered with specific clinics in the US to enable Medicare and Medicaid patients to access ICMS with partial or full coverage using Remote Therapeutic Monitoring (RTM) codes.
- NHS TrustscorePathfinder RMP platform has been adopted by 300 NHS trusts across the UK. The digital risk management platform supports compliance with regulatory requirements for complex medication distribution.
- 7 Pharmaceutical Organisations (Pathfinder RMP)coreSeven pharmaceutical organisations rely on the Pathfinder RMP platform to safely dispense medication. These partners use the platform for regulatory compliance with additional risk management measures.
Scale indicators16 records
Recent moves6 records
Expansion highlights5 records
HealthBeacon competitors and assessment
Company assessmentDirect peers
- Adherium: Adherium develops connected inhaler adherence devices and digital health platforms for respiratory therapies, directly comparable to HealthBeacon's connected injection adherence platform in both form factor (smart drug-delivery device + companion software) and target customer (pharma patient support programs).
- Propeller Health (ResMed): Propeller Health, now part of ResMed, offers connected inhaler sensors and digital adherence tools for respiratory patients. It is a direct analogue to HealthBeacon's approach: a connected drug-delivery device with companion software, sold to pharma and providers to drive adherence and outcomes data.
- Medisafe: Medisafe is a digital medication adherence platform with a mobile app focused on reminders, persistence, and patient engagement. It is a direct competitor in pharma-sponsored patient support programs, addressing the same pain point HealthBeacon targets, though as a software-only solution.
Broad incumbents
- West Pharmaceutical Services: West Pharmaceutical Services is a global leader in injectable drug delivery components and containment. It is a broad incumbent whose containment and delivery device footprint intersects with HealthBeacon's drug-delivery connectivity thesis and serves many of the same pharma customers.
- Becton Dickinson (BD): BD is a large incumbent in drug delivery devices (auto-injectors, prefilled syringes, sharps disposal). It is comparable as a broad pharmaceutical supply partner that could embed connectivity into existing delivery hardware, posing both partnership and competitive risk to HealthBeacon.
- Aptar Pharma: Aptar Pharma is an established drug delivery device and dispensing component manufacturer with digital health initiatives. It is comparable as a broader incumbent that integrates connected features into drug delivery hardware for the same pharma customer base.
Emerging players
- etectRx: etectRx develops ingestible sensor and digital pill adherence technology for clinical trials and pharma. It overlaps with HealthBeacon's adherence-monitoring value proposition, particularly for pharma evidence generation, but uses a different sensing modality (ingestible event marker vs. sharps bin drop).
- AiCure: AiCure is an AI-driven patient adherence and behavior monitoring platform, primarily for clinical trials. It competes for pharma adherence budget by capturing ingestion events visually rather than via connected hardware, making it a partial overlap with HealthBeacon's data-driven adherence offering.
- Compliance Meds Technologies: Compliance Meds Technologies builds connected adherence hardware and analytics, including smart dispensers and cap-based sensors for clinical trials and specialty pharma programs. It is comparable as a smaller competitor using connected devices to track medication-taking behavior in similar patient populations.
- Spencer Health Solutions: Spencer Health Solutions provides connected medication dispensing and adherence platforms for patients with complex regimens. It overlaps with HealthBeacon's home-adherence use case but targets polypharmacy and chronic disease rather than injectable specialty therapies specifically.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
HealthBeacon social profiles
Digital presenceHealthBeacon compliance and trust
Trust signalCompliance10 records
HealthBeacon financial estimates
Financial estimateRevenue estimate
Valuation estimate
HealthBeacon leadership team
Management profileNumber of profiles
Profiles3 records
HealthBeacon funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HealthBeacon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HealthBeacon
What does HealthBeacon do?
HealthBeacon provides an FDA-cleared Smart Sharps Bin paired with its Injection Care Management System (ICMS), a connected medication adherence platform that tracks injections, sends reminders, and enables Care Team interventions for patients on self-injectable therapies. The offering bundles the smart device, HB Companion App, HB Mailback Kit for sharps waste, and (separately) the Pathfinder Risk Management Platform used by NHS trusts and pharmaceutical companies for digital aRMMs/REMs compliance.
Is HealthBeacon a public or private company?
HealthBeacon is a private company. It is classified as corporate owned and is currently operating.
When was HealthBeacon founded?
HealthBeacon was founded in 2013. It employs 11 to 50 people.
Where is HealthBeacon based?
HealthBeacon is headquartered in Dublin, Ireland, in the Europe region.
How does HealthBeacon make money?
Three revenue lines are on record. B2B Pharmaceutical Partnerships are the primary driver. The others are specialty Pharmacy Programs and remote Therapeutic Monitoring (RTM).
Who are HealthBeacon's main competitors?
Direct peers on record are Adherium, Propeller Health (ResMed) and Medisafe. Broad incumbents are West Pharmaceutical Services, Becton Dickinson (BD) and Aptar Pharma. Emerging players are etectRx, AiCure, Compliance Meds Technologies and Spencer Health Solutions.
Does HealthBeacon have an API?
No public API is recorded for HealthBeacon.
What industry is HealthBeacon in?
HealthBeacon's product category is Digital Health Medication Adherence. Its primary akta.pro industry code is HLACAPAH, Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers), with a secondary code of HLACAFAL, Connected Therapeutics & Smart Drug Delivery Monitoring. Its NAICS code is 339113 and its SIC code is 3841.