Thursday, November 21, 2024
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Medibio: Successfully completes pilot program for Compass Group

Medibio: Successfully completes pilot program for Compass Group

  • Medibio (MEB) has successfully completed a pilot program for British food and catering company Compass
  • Medibio’s novel mental health and wellbeing program, ilumen, aims to aid in the early detection and screening of mental health conditions
  • Medibio presented the ilumen pilot results to Compass management, providing valuable insights into employee wellbeing
  • The program was able to identify lost productivity hours, providing Compass with a dollar value of potential losses
  • The two companies are now in discussions regarding the ongoing implementation of ilumen
  • Medibio is still trading at its opening price of 0.8 cents a share

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