Adherium: Secures $3M in funding

  • Adherium (ADR) has secured $3 million in funding from Viburnum to progress its sensor and software development
  • Viburnum is a Perth-based investment firm with $750 million in funds under management
  • The Hailie solution is a range of devices and apps which help patients and health specialists manage respiratory conditions and medications
  • The Bluetooth Hailie medication sensors wrap around the patient’s existing inhalers and send usage data to their smartphone
  • Adherium restructured its business in 2019 and introduced reimbursement for remote patient monitoring in the U.S
  • The company’s strategy focused on adding value to monitoring patients where adherence matters most
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...