Brighter publ AB (ST:BRIG) is a healthtech company developing solutions for chronic diseases. Its initial strategy is the launch of Actiste, a mobile-connected glucose meter and insulin injection device for diabetes, which the company has submitted for CE certification. Its CE-marked cloud-based platform called the Benefit Loop and associated companion applications collect, manage and analyse data for the purpose of sharing critical treatment information with friends, relatives, caregivers and healthcare providers in an effort to improve self-management outcomes.
Diabetes is a significant worldwide health problem
In 2017, costs attributed to diagnosed diabetes and associated complications, such as cardiovascular disease and nephropathy, totalled $327bn in the US. Patient opinions of treatment burden are heavily correlated with adherence to self-care. Negligent self-management and monitoring significantly contributes to costs of healthcare resources (ie outpatient care, emergency room visits, hospitalisation and mortality) as well as indirect costs related to lost productivity.
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