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Trinity Biotech Secures Additional $7.0 Million Investment from Perceptive Advisors and Regains Compliance with Nasdaq Minimum Bid Price Requirement

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Trinity Biotech plc
Trinity Biotech plc

– Perceptive Advisors provides approximately $7.0 million of additional investment to further support strategic growth initiatives including CGM+, Trinovium and the Company’s business transformation –

– Trinity Biotech regains compliance with Nasdaq’s minimum bid price requirement –

DUBLIN, Aug. 14, 2026 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a commercial stage biotechnology company focused on human diagnostics and the development of innovative solutions addressing unmet clinical and industrial needs, today announced it secured additional investment from funds managed by Perceptive Advisors, a leading life sciences investment firm and Trinity Biotech’s largest financial investor and primary lender. The Company also announced that it has regained compliance with Nasdaq’s minimum bid price requirement, marking another positive development as Trinity Biotech continues to execute its strategic priorities.

Perceptive Advisors is one of the world’s leading healthcare-focused investment firms, with a long track record of investing in and supporting innovative biotechnology, diagnostics and medical technology companies.

The latest investment builds on Perceptive Advisors’ longstanding support of Trinity Biotech, strengthening the Company’s liquidity and financial flexibility as it continues to execute its strategic priorities, including advancing its CGM+ continuous glucose monitoring platform, pursuing opportunities across its diagnostics and metabolic health businesses, and developing innovative liquid cooling solutions for AI data centre infrastructure through its Trinovium subsidiary.

The total investment of $7.0 million comprises approximately $2.5 million of new debt funding and approximately $4.5 million of capitalised interest under an amendment to the Company’s existing financing arrangements.

Trinity Biotech also announced that on August 7, 2026, it received confirmation from The Nasdaq Stock Market LLC that the Company had regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). For 10 consecutive business days, from July 24, 2026 through August 6, 2026, the closing bid price of the Company’s American Depositary Shares (“ADSs”) was $1.00 per share or greater.

John Gillard, Chief Executive Officer of Trinity Biotech, commented:

“Perceptive’s additional investment and the restoration of our compliance with Nasdaq’s minimum bid price requirement, represent important positive developments for Trinity Biotech. Perceptive has been a highly supportive investment partner throughout our transformation. We believe this further investment reflects confidence in the strategic direction of the company and the exciting opportunities ahead of us. Taken together, these developments further strengthen the platform from which we are advancing key strategic initiatives including CGM+ and Trinovium while continuing to build value across our broader diagnostics portfolio.”



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