Companies

Jim Joyce resigns as Healthbeacon chief

Irish-listed medical devices firm drastically dropped its revenue projections for 2023

James Joyce: Former chief executive co-founded HealthBeacon in 2013 and will stay on as an adviser to the board. Picture: Fergal Phillips

Jim Joyce, the head of HealthBeacon, has stepped down as chief executive of the company with immediate effect.

The co-founder’s resignation comes after the Irish-listed medical devices firm posted a sales warning and revealed it is scoping out financing options as the firm will require €11 million in fresh funding over the next two years.

HealthBeacon, which has developed technology that helps patients manage their medical injection schedules, said in a trading update today that ...