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LifeMD® to Offer Market-Leading Pricing for GLP-1 Medications Wegovy® and Ozempic® in Continued Collaboration with Novo Nordisk
Globenewswire· 2025-11-17 13:00
Core Insights - LifeMD has announced a new lower cash-pay price for GLP-1 medications, Wegovy and Ozempic, at $199 per month for the 0.25 mg and 0.5 mg doses, which is the lowest cash-pay pricing available nationwide [1][4] - This pricing initiative is part of LifeMD's commitment to patient affordability and high-quality care, supporting patients who pay out of pocket [1][4] - The LifeMD Weight Management Program offers comprehensive support, including virtual consultations, diagnostic testing, secure messaging, and educational resources for sustained weight loss and metabolic health [2] Company Strategy - LifeMD's shift from compounded GLP-1s to direct partnerships with leading pharmaceutical manufacturers is central to its long-term growth strategy [4] - The company aims to maximize access to safe, FDA-approved medications through a frictionless virtual care experience [4] - LifeMD is well-positioned to deliver high-quality, affordable treatment options through a scalable, integrated virtual care platform, aligning with market needs and future healthcare trends [5] Market Context - The announcement follows national efforts to improve affordability and access to GLP-1 therapies, including initiatives from the White House and major pharmaceutical manufacturers like Novo Nordisk and Eli Lilly [3] - LifeMD's infrastructure and partnerships position it as a key player in supporting patients seeking clinically guided weight-loss care [3]
LifeMD Expands Pharmacy Services with Non-Sterile Compounding to Deliver Personalized, Cost-Efficient Therapies at Scale
Globenewswire· 2025-09-18 12:00
Core Insights - LifeMD, Inc. has expanded its pharmacy capabilities to include advanced non-sterile compounding for oral and topical medications, enhancing its vertically integrated platform to better meet patient needs and improve efficiency [1][3] - The commercial pharmacy, launched in August 2024, can now process up to 5,000 prescriptions daily and formulate customized medications, including allergen-free and combination products [2] - LifeMD's compounding pharmacy operates under the FDA's 503A designation, ensuring adherence to strict quality and safety standards, and is currently licensed in 13 states with plans to expand to all 50 states within the next year [3] Company Overview - LifeMD is a leading provider of virtual primary care, offering telemedicine, laboratory access, and pharmacy services across more than 200 conditions, including men's and women's health, weight management, and hormone therapy [4] - The company utilizes a proprietary digital care platform and a 50-state affiliated medical group to enhance access to high-quality and affordable care [4]
LifeMD to Participate in Two Investor Conferences During June
Globenewswire· 2025-06-09 12:00
Core Insights - LifeMD, Inc. is a leading provider of virtual primary care services, offering telemedicine and access to various healthcare services across more than 200 conditions [1][2] - The company will participate in two investor conferences in June, focusing on topics related to consumer and enterprise healthcare solutions [2] Company Overview - LifeMD provides a vertically integrated digital care platform, a 50-state affiliated medical group, and a 22,500-square-foot affiliated pharmacy [1] - The services offered include primary care, men's and women's health, weight management, and hormone therapy [1] Upcoming Events - Management will participate in the BTIG Obesity Health Forum on June 18, discussing "Direct to Consumer vs. Direct to Enterprise" [2] - The company will also be present at the Truist Securities Healthcare Disruptors & Digital Health Conference on June 24-25, with a panel discussion on "Tailored Approach to Weight Loss Solutions" [2]
LifeMD Announces Plans to Expand Affordable Access to Wegovy® for Cash-Pay Patients
Globenewswire· 2025-04-29 12:05
Core Viewpoint - LifeMD, Inc. is enhancing its weight management program by integrating access to Wegovy (semaglutide) through NovoCare Pharmacy, providing cash-pay patients with streamlined access to this FDA-approved medication [1][2][3] Group 1: Company Overview - LifeMD is a leading provider of virtual primary care services, offering telemedicine, lab testing, and pharmacy services across more than 200 conditions [5] - The company utilizes a vertically integrated digital care platform, a 50-state affiliated medical group, and a national diagnostic lab network to improve access to affordable healthcare [5] Group 2: Product Offering - The integration with NovoCare Pharmacy allows LifeMD to offer all FDA-approved dose strengths of Wegovy directly within its virtual care platform [1][4] - Wegovy is the first GLP-1 therapy approved in the U.S. for chronic weight management and cardiovascular risk reduction in adults with obesity [4] Group 3: Market Position and Strategy - LifeMD's weight management program is one of the fastest-growing cash-pay offerings in the U.S., providing virtual consultations, lab testing, and prescriptions for anti-obesity medications [2][3] - The company aims to reduce barriers for patients seeking access to life-changing medications like Wegovy, enhancing the overall patient experience [3]