Avricore Health Recognized in Deloitte’s 2024 Technology Fast 50™ Companies to Watch
November 06 2024 - 2:14PM
Avricore Health Inc. (TSX-V: AVCR), a leader in
pharmacy-based health technology solutions, proudly announces its
placement in Deloitte Canada’s 2024 Technology Fast 50™
Companies-to-Watch category, securing the 8th position with an
impressive growth rate of 2738%. This award acknowledges Avricore’s
pioneering work in real-time data and health testing through its
platform, HealthTab™, which empowers pharmacies to support patient
health outcomes effectively.
“We are thrilled to be recognized in Deloitte’s Fast 50,” said
Hector Bremner, CEO of Avricore “This is a testament to our team’s
dedication to advancing accessible health solutions and
strengthening pharmacy services in Canada.”
The Deloitte Technology Fast 50™ program highlights Canada’s
innovation leaders driving growth and transformation across
technology sectors. The award amplifies Avricore’s commitment to
delivering exceptional, patient-centered care and advancing digital
health solutions.
HealthTab™ Market Fast Facts
- Point of Care Testing Market to reach $93.21 Billion USD in
2030 (Source)
- Nearly 13.6 Million Canadians expected to be diabetic or
prediabetic by 2030, with many undiagnosed (Source)
- Over 1 in 3 Americans, approximately 88 million people, have
pre-diabetes (Source)
- Close to 160,000 Canadians 20 years and older are diagnosed
with heart disease each year, often it’s only after a heart attack
they are diagnosed. (Source)
- There are more than 10,000 pharmacies in Canada, 88,000
pharmacies in the US, nearly 12,000 in the UK.
About HealthTab™
HealthTab™ is a turnkey point-of-care testing solution that
combines best-in-class point-of-care technologies with a secure,
cloud-based platform for tackling pressing global health issues.
With just a few drops of blood from a finger prick, the system
generates lab-accurate results on the spot and data is reported in
real time. The test menu includes up to 23 key biomarkers for
screening and managing chronic diseases, such as diabetes and heart
disease (e.g., HbA1c, Lipid Profile, eGFR). HealthTab™ has also
recently added capabilities for bacterial and viral tests, such as
strep and COVID-19.
The HealthTab™ network model is unlike anything in pharmacy
today. It gives knowledgeable and trusted pharmacists a greater
role in primary care delivery, while empowering patients to take
more control of their health. It also reduces costs and waiting
times and provides many potential revenue streams including
equipment leasing & consumables, direct access testing, disease
prevention & management programs, sponsored health programs,
decentralized clinical trials, real world data (RWD) sets, and
third-party app integration through API.
About Avricore Health Inc.
Avricore Health Inc. (TSXV: AVCR) is a pharmacy
service innovator focused on acquiring and developing early-stage
technologies aimed at advancing pharmacy practice and patient care.
Through its flagship offering HealthTab™, a wholly owned
subsidiary, the Company’s mission is to make actionable health
information more accessible to everyone by creating the world’s
largest network of rapid testing devices in community
pharmacies.
Contact:
Avricore Health Inc.Hector Bremner, CEO
604-773-8943info@avricorehealth.comwww.avricorehealth.com
Cautionary Note Regarding Forward-Looking
Statements Information in this press release that involves
Avricore Health's expectations, plans, intentions, or strategies
regarding the future are forward-looking statements that are not
facts and involve a number of risks and uncertainties. Avricore
Health generally uses words such as "outlook," "will," "could,"
"would," "might," "remains," "to be," "plans," "believes," "may,"
"expects," "intends," "anticipates," "estimate," "future,"
"positioned," "potential," "project," "remain," "scheduled," "set
to," "subject to," "upcoming," and similar expressions to help
identify forward-looking statements. In this press release,
forward-looking statements include statements regarding: the
completion of the placement and the expected timing thereof and the
Company's expected use of proceeds from the placement; the unique
features that the HealthTab™ platform offers to pharmacists and
patients. Forward-looking statements reflect the then-current
expectations, beliefs, assumptions, estimates and forecasts of
Avricore Health's management. The forward-looking statements in
this press release are based upon information available to Avricore
Health as of the date of this press release. Forward-looking
statements believed to be true when made may ultimately prove to be
incorrect. These statements are not guarantees of the future
performance of Avricore Health and are subject to a few risks,
uncertainties, and other factors, some of which are beyond its
control and may cause actual results to differ materially from
current expectations, including without limitation: failure to meet
regulatory requirements; changes in the market; potential downturns
in economic conditions; and other risk factors described in
Avricore's public filings. These forward-looking statements speak
only as of the date on which they are made, and the Company
undertakes no obligation to update them publicly to reflect new
information or the occurrence of future events or circumstances,
unless otherwise required to do so by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy
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