Core Insights - Avricore Health Inc. is expanding its HealthTab™ platform into pharmacies in North Central London, marking the second NHS Integrated Care Board (ICB) to adopt this initiative aimed at addressing health inequalities through cholesterol screening [1][2] - The expansion will enhance access to preventative testing for underserved populations, aligning with the UK's vision for a more agile and accessible healthcare system [2][3] - The initiative is part of a broader strategy to transform community pharmacies into hubs for chronic disease prevention and management, empowering pharmacists to play a crucial role in patient care [3][4] Company Overview - Avricore Health Inc. focuses on developing early-stage technologies to advance pharmacy practice and patient care, with HealthTab™ as its flagship offering [14] - The HealthTab™ system provides rapid, lab-accurate results for various biomarkers, facilitating the management of chronic diseases such as diabetes and heart disease [12][13] - The company aims to create the world's largest network of rapid testing devices in community pharmacies, enhancing patient access to actionable health information [14] Industry Context - The UK's NHS Pharmacy First program and recent cardiovascular disease screening initiatives reflect a commitment to a decentralized, patient-centric model of care [6] - Community-based cardiovascular disease screening has been identified as a high-return healthcare investment, with reported returns of £7.52 for every £1 spent on screening [9] - The integration of HealthTab™ with Patient Knows Best (PKB) enhances patient engagement by allowing real-time test results to be incorporated into personal NHS health records [10][11]

Company Overview - Avricore Health Inc. is a pharmacy service innovator focused on acquiring and developing early-stage technologies aimed at advancing pharmacy practice and patient care [5] - The company's flagship offering, HealthTab™, aims to create the world's largest network of rapid testing devices in community pharmacies [5] Stock Options Announcement - The board of directors of Avricore has approved the granting of stock options for a total of 4,100,000 common shares at an exercise price of CAD $0.05 per share [1] - The options will vest quarterly starting from the date of grant and will expire 5 years from the grant date, contingent on the optionees remaining in their roles [2] HealthTab™ Product Details - HealthTab™ is a point-of-care testing solution that provides lab-accurate results from just a few drops of blood, with real-time data reporting [3] - The test menu includes up to 23 key biomarkers for chronic disease management, including diabetes and heart disease, and has recently added capabilities for bacterial and viral tests [3] HealthTab™ Network Model - The HealthTab™ network model enhances the role of pharmacists in primary care delivery and empowers patients to take control of their health [4] - It aims to reduce costs and waiting times while providing multiple revenue streams, including equipment leasing, direct access testing, and decentralized clinical trials [4]

Company Overview - Avricore Health Inc. has appointed Rodger Seccombe as the new CEO, who previously served as the Chief Technology Officer and is the President and Co-Founder of HealthTab™ Inc. [1][2] - The company is focused on acquiring and developing early-stage technologies to advance pharmacy practice and patient care, with its flagship offering being the HealthTab™ platform [5]. HealthTab™ Platform - HealthTab™ is a point-of-care testing solution that provides lab-accurate results from just a few drops of blood, reporting data in real time and covering up to 23 key biomarkers for chronic disease management [3]. - The platform has recently expanded its testing capabilities to include bacterial and viral tests, such as strep and COVID-19 [3]. Business Model and Market Position - The HealthTab™ network model enhances the role of pharmacists in primary care, empowering patients and reducing costs and waiting times [4]. - The model offers multiple revenue streams, including equipment leasing, direct access testing, disease management programs, and integration with third-party applications [4]. Leadership Transition - Hector Bremner has resigned as CEO and director, having played a significant role in the company's growth and UK expansion [2]. - The board expresses gratitude for Bremner's contributions and looks forward to future collaborations [2].

Core Insights - Avricore Health Inc. reported first-quarter 2025 revenues of $434,061 and a gross profit of $346,297, with a comprehensive loss of $77,300 and a net cash increase of $137,068 [1][3] Financial Performance - For the fiscal year 2024, total revenue was $4,785,711, an increase from $3,485,147 in 2023 and $1,768,374 in 2022 [8] - The company experienced a loss from operations of $668,977 in 2024, slightly improved from $701,215 in 2023 and $818,228 in 2022 [8] - Total assets decreased to $2,298,544 in 2024 from $2,538,205 in 2023 and $2,568,983 in 2022 [8] Business Strategy - The company is expanding its HealthTab platform in the UK, aligning with the region's healthcare market and investment in pharmacy-led services [2] - Despite a scale-down of revenues in Canada, the company maintains a strong cash position and is well-positioned to meet its expansion objectives [3] Market Context - Global healthcare systems face increasing pressure due to budget constraints and clinician shortages, with over 6 million Canadians lacking access to a family doctor [4] - Pharmacy services are becoming crucial in delivering primary care, with HealthTab providing pharmacists with tools for essential screenings and patient engagement [5][6] HealthTab Overview - HealthTab is a point-of-care testing solution that offers rapid, lab-accurate results for chronic disease management, including diabetes and heart disease [13] - The platform empowers pharmacists in primary care delivery, reduces costs and waiting times, and creates multiple revenue streams [14]

Core Insights - Avricore Health Inc. is expanding its HealthTab™ platform in the UK, emphasizing the role of pharmacists in chronic disease prevention and management [1][2] - The UK government is significantly investing in community pharmacies, with £645 million (approx. CAD $1.2 billion) pledged in 2024 and £617 million (approx. CAD $1.144 billion) in 2025 to enhance pharmacy-led services [5] - The company has concluded operations in Shoppers Drug Mart locations in Canada as of March 31, 2025, allowing for the redeployment of devices in Canada and the UK [3][4] Financial Performance - In 2024, total revenue increased by 37% year over year to $4,785,711, while gross profit rose by 56% to $1,880,306 [11] - The company reported a loss from operations of $668,977 in 2024, an improvement from a loss of $701,215 in 2023 [8] - Total assets decreased to $2,298,544 in 2024 from $2,538,205 in 2023, while total current liabilities dropped to $330,817 from $529,218 [8] HealthTab™ Expansion - The HealthTab™ platform launched in North East London in November 2024, targeting areas with high cardiovascular disease burdens [13] - The initiative is supported by local health authorities and aims to integrate with NHS digital systems to modernize care pathways [13][14] - The platform has already conducted over 930,000 blood pressure screenings in 6,000 pharmacies, demonstrating strong uptake [14][6] Future Strategy - The company plans to expand HealthTab™ into other major population centers in the UK, focusing on diverse demographics suitable for preventative health programs [15] - Following initial successes, the company aims to work with NHS stakeholders for broader adoption of HealthTab™, potentially integrating cholesterol testing into the Pharmacy First protocol [16] - Momentum is expected to grow throughout 2025 as NHS plans for expanding point-of-care testing in community pharmacies become clearer [17] Market Context - The point-of-care testing market is projected to reach $93.21 billion USD by 2030, indicating significant growth potential for HealthTab™ [19] - The UK government’s investment in pharmacy-led services aligns with the increasing demand for accessible healthcare solutions amid rising chronic disease rates [5][6]