Trinity Biotech (TRIB)

Overall impact
B (71)

Commentary

Trinity Biotech is a strong overall performer. With a 'B' rating of 71.4 for overall impact (84th percentile compared to all companies), Trinity Biotech ranks 9th out of 22 industry peers, behind Amag Pharmaceuticals, Fluoropharma Medical, Aspira Women’s Health and 5 others, and ahead of Nymox Pharmaceutical, Palatin Technologies, Soleno Therapeutics and 10 others. On top material causes for Trinity Biotech's industry (Pharmaceuticals & Biotech), Trinity Biotech performs well in Child and Maternal Health (83.3 score), Access to Affordable Healthcare (85.4), Child and Maternal Health (95.0) and 3 other causes where it received an 'A' score and performs poorly in Accountable Institutions (32.9 score).
Impact
Cause TRIB
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Company
Employees
287
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ireland
Share classes
TRIB
Description
Trinity Biotech plc acquires, together with its subsidiaries, develops, acquires, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the Americas, Asia, Africa, and Europe. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detect infectious diseases; sexually transmitted diseases consisting of syphilis and herpes; SARS-CoV-2; and Epstein-Barr, measles, mumps, toxoplasmosis, cytomegalovirus, rubella, varicella, and other viral pathogens. It also provides products for the in-vitro diagnostic measurement of haemoglobin A1c used in the monitoring and diagnosis of diabetes, and identifying those who are at risk of developing diabetes. Additionally, the company provides laboratory-testing services for Sjogren's syndrome, hearing loss, celiac disease, lupus, rheumatoid arthritis, systemic sclerosis, and other laboratory-testing services for autoimmune disorders. In addition, the company develops, manufactures, and sells products in the immunofluorescence assay, enzyme-linked immunosorbent, western blot, and line immunoassay formats. It also provides reagent products, such as ACE, bile acids, oxalate, and glucose-6-phosphate dehydrogenase for the diagnosis of liver and kidney diseases, as well as haemolytic anaemia. It serves public health authorities, and clinical and reference laboratories through its direct sales force, as well as through a network of independent distributors and strategic partners. Trinity Biotech plc was incorporated in 1992 and is headquartered in Bray, Ireland.
Material causes
Ethos considers the following causes material for Trinity Biotech, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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