Trellus Health plc
("Trellus Health", "Company" or "Group")
Update
Trellus Health plc (AIM: TRLS), a healthcare company delivering Trellus Elevate®, a digital platform that integrates data analytics with personalised, scientifically proven resilience programmes and value-based solutions to manage complex chronic conditions, confirms that, further to the Company's announcement of 19 June 2026, the Company's cash runway has been extended to 11 August 2026.
The Board has, over recent weeks and in conjunction with its corporate restructuring advisers, continued to progress a potential sale of certain Company assets including the shares in Trellus Health Inc., the Company's US operating subsidiary. Those discussions are well advanced. There can be no certainty that any transaction will be concluded or further funding will be forthcoming nor as to terms thereon. The Board also continues to take action to protect wider stakeholders' interests.
The Company's ordinary shares remain suspended from trading on AIM since 8 May 2026 due to the ongoing uncertainty regarding the Company's financial position.
Further announcements will be made as appropriate.
Enquiries:
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Trellus Health plc |
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Dr. Marla Dubinsky, Chief Executive Officer and Co-Founder |
Via Walbrook PR |
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Joy Bessenger, Chief Financial Officer |
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Singer Capital Markets (Nominated Adviser and Broker) |
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Peter Steel |
Tel: +44 (0)20 7496 3000 303/ |
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Walbrook PR |
Tel: +44 (0)20 7933 8780 or trellus@walbrookpr.com |
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Lianne Applegarth / |
Mob: +44 (0)7584 391 303/ |
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Alice Woodings
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+44 (0)7407 804 654
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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 the Trellus Elevate® methodology 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 and therapeutic areas, Trellus Health® considers its approach to have potential utility and demand across many conditions.
The Company also offers Trellus TrialSet™, a solution for pharmaceutical partners spanning clinical trials to commercialisation, applying the same validated resilience science and platform to support trial success and long-term patient engagement
The Company was founded by Icahn School of Medicine at Mount Sinai faculty members Marla C. Dubinsky, MD, and Laurie Keefer, PhD, both world-leading experts in treating both the physical and emotional impacts of IBD, with a combined 50 years of pioneering whole-person healthcare innovation.
Shares in Trellus Health were admitted to trading on AIM in May 2021, under the ticker TRLS. For more information, visit: www.trellushealth.com