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LIFEMD CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds LFMD Investors a Class Action Has Been Filed and Urges Investors to Contact the Firm
Globenewswire· 2025-09-29 21:23
Core Viewpoint - A class action lawsuit has been filed against LifeMD, Inc. for allegedly making materially false and misleading statements regarding its competitive position and financial guidance during the Class Period from May 7, 2025, to August 5, 2025 [2][3]. Allegation Details - The lawsuit claims that LifeMD's defendants overstated the company's competitive position and were reckless in raising the 2025 guidance without properly accounting for rising customer acquisition costs in its RexMD segment and related to obesity treatment drugs [3]. - It is alleged that the defendants' statements about LifeMD's business operations and prospects were materially false and misleading, leading to investor damages when the true information became public [3]. Next Steps - Investors who purchased LifeMD shares during the Class Period and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4].
LifeMD to Participate in the ROTH 4th Annual Healthcare Opportunities Conference
Globenewswire· 2025-09-25 20:06
Company Overview - LifeMD, Inc. is a leading provider of virtual primary care services, offering telemedicine, laboratory and pharmacy access, and specialized treatment for over 200 conditions [2] - The company utilizes a vertically integrated digital care platform, a 50-state affiliated medical group, a state-of-the-art compounding pharmacy, and a U.S.-based patient care center to enhance access to high-quality and affordable care [2] Recent Developments - LifeMD announced its participation in the ROTH 4 Annual Healthcare Opportunities Conference scheduled for October 9, 2025, in New York City [1] - Management will engage in one-on-one meetings with investors throughout the conference [1] - Investors interested in attending can register by contacting their ROTH Capital Partners representative [1]
RetinalGenix Technologies Advances Home and Remote Monitoring Patent Portfolio, Positioning for the Future of Ocular and Systemic Disease Care
Globenewswire· 2025-09-25 10:15
Core Insights - RetinalGenix Technologies Inc. has made significant advancements in its patent portfolio, positioning itself at the forefront of home and remote health monitoring for ocular and systemic diseases [1][5] Patent Developments - Recently granted patents, including U.S. Patent Application No. 2024/0099581 Al, cover key aspects of real-time home and remote ocular monitoring and scalable physician alert systems [2] - The current patent focuses on expanding the mapping of the peripheral retina, which is crucial for identifying diseases such as early retinal changes associated with diabetes and biomarkers linked to Alzheimer's disease [3] Technology Integration - RetinalGenix's proprietary DNA/RNA/GPS Pharmaco-Genetic Mapping™ platform is planned to integrate with the high-resolution retinal imaging system, empowering patients and clinicians with actionable biomarker information [4] - The combination of these technologies aims to reduce the frequency of office visits and streamline critical care workflows across various settings, including homes and clinics [4] Market Positioning - The company's patents provide strong protection for device, system, and digital workflow innovations, setting it apart in the industry and positioning it for new partnerships and licensing opportunities [5][6] - The advancements are expected to enhance strategic competitive advantage and expand revenue generation opportunities in the telemedicine, ophthalmology, and healthcare technology sectors [6]
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]
Investors who lost money on LifeMD, Inc.(LFMD) should contact The Gross Law Firm about pending Class Action - LFMD
Prnewswire· 2025-09-11 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of LifeMD, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its competitive position and financial guidance during the specified class period [1]. Summary by Relevant Sections Allegations - The complaint claims that during the class period from May 7, 2025, to August 5, 2025, LifeMD's management overstated the company's competitive position [1]. - It is alleged that the company was reckless in raising its 2025 guidance without properly accounting for increasing customer acquisition costs in its RexMD segment and related to obesity treatment drugs like Wegovy and Zepbound [1]. - As a result, the statements made by the defendants regarding LifeMD's business operations and prospects were materially false and misleading [1]. Next Steps for Shareholders - Shareholders who purchased shares of LifeMD during the specified timeframe are encouraged to register for the class action by October 25, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case [2]. Firm's Commitment - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].
Hims & Hers Stock Jumps On Long-Awaited Foray Into Testosterone
Investors· 2025-09-10 15:23
Core Insights - Hims & Hers Health has officially launched its testosterone replacement therapy (TRT) options, which has positively impacted its stock price, reflecting strong market anticipation for this product line [1][2][3]. Product Offerings - The company will offer four TRT options in partnership with Marius Pharmaceuticals, including a pill called Kyzatrex and an injectable testosterone, with a compounded version of enclomiphene available immediately [4][5]. - Pricing for the TRT options is expected to range from $99 to $199 per month, depending on the plan duration [2][5]. Market Performance - Following the announcement, Hims stock rose nearly 7% to $51.07, surpassing its 50-day moving average, indicating positive market sentiment [3]. - Analyst Michael Cherny noted that while the TRT launch will support growth, the stock's performance is more closely tied to the durability and upside potential of the company's weight management growth [3]. Future Outlook - The introduction of Kyzatrex is planned for 2026, and the company aims to enhance its treatment offerings with a focus on restoring natural testosterone production [4].
Dogecoin Cash, Inc. Subsidiary PrestoDoctor Now Accepts Cryptocurrency Payments, Including Dogecoin
Globenewswire· 2025-09-10 08:00
Core Insights - Dogecoin Cash, Inc. has announced that its subsidiary, PrestoDoctor, will accept cryptocurrency payments for medical cannabis evaluations, including Dogecoin and other digital assets, as part of a strategy to embrace decentralized technologies [1][3] - The integration of cryptocurrency payments aims to enhance accessibility for a tech-savvy patient base while maintaining traditional payment methods for broader patient choice [3][4] - The move is positioned as a way to enhance patient privacy and adapt to the evolving landscape of healthcare and digital finance [4] Cryptocurrency Acceptance - The cryptocurrencies accepted by PrestoDoctor include Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tron (TRX), Tether (USDT), Binance Coin (BNB), Dogecoin (DOGE), Litecoin (LTC), Monero (XMR), Polygon (MATIC), Bitcoin Cash (BCH), Shiba Inu (SHIB), Solana (SOL), and DAI [6] Company Overview - Dogecoin Cash, Inc. is focused on advancing blockchain technology and its applications in healthcare, finance, and consumer services, with PrestoDoctor providing telemedicine solutions for medical cannabis evaluations across multiple U.S. states [4][5]
Dogecoin Cash, Inc. Subsidiary PrestoDoctor Now Accepts Cryptocurrency Payments, Including Dogecoin
Globenewswire· 2025-09-10 08:00
Core Insights - Dogecoin Cash, Inc. has announced that its subsidiary, PrestoDoctor, will accept cryptocurrency payments for medical cannabis evaluations, including Dogecoin and other digital assets, as part of a strategy to embrace decentralized technologies [1][3] - The integration of cryptocurrency payments aims to enhance accessibility for a tech-savvy patient base while maintaining traditional payment options [3][4] - The move is positioned as a way to offer enhanced privacy and stay ahead in the evolving landscape of healthcare and digital finance [4] Cryptocurrency Acceptance - The cryptocurrencies accepted by PrestoDoctor include Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tron (TRX), Tether (USDT), Binance Coin (BNB), Dogecoin (DOGE), Litecoin (LTC), Monero (XMR), Polygon (MATIC), Bitcoin Cash (BCH), Shiba Inu (SHIB), Solana (SOL), and DAI [6] Company Overview - Dogecoin Cash, Inc. is focused on advancing blockchain technology and its applications in healthcare, finance, and consumer services, with PrestoDoctor providing telemedicine solutions for medical cannabis evaluations across multiple U.S. states [4][5]
2 Beaten-Down Stocks to Avoid Right Now
The Motley Fool· 2025-09-05 13:30
Core Viewpoint - The article discusses the declining prospects of Teladoc Health and Sarepta Therapeutics, suggesting that despite their stock price drops, they do not present attractive investment opportunities at this time. Teladoc Health - Teladoc's revenue declined by 2% year over year to $631.9 million in the second quarter, indicating slower growth compared to previous periods [3] - The company reported a net loss per share of $0.19 for the second quarter, an improvement from a loss of $4.92 per share in the same quarter last year, but still reflects ongoing unprofitability [4] - Teladoc has faced goodwill impairment charges related to its BetterHelp segment, contributing to its negative financial performance [6] - A significant portion of Teladoc's expenses is allocated to marketing, which has not resulted in desired revenue growth [7] - The company is expanding its ecosystem and international presence, with a reported 11% year-over-year increase in enrollment to 102.4 million members, but faces uncertainty due to ongoing losses and competition [8] Sarepta Therapeutics - Sarepta's shares have declined by 85% this year, primarily due to two patient deaths linked to liver toxicity from its gene therapy Elevidys for Duchenne muscular dystrophy [9] - In the first quarter, Sarepta generated $744.9 million in revenue, an 80% increase year over year, with Elevidys accounting for $375 million of that total [11] - The second quarter saw revenue drop to $362.9 million, a 51.2% sequential decline, with Elevidys sales falling 67.5% to $121.7 million, indicating reduced demand [12] - The company is working with the FDA to resume shipping Elevidys and has implemented cost-cutting measures, including layoffs, to manage its financial situation [13] - Despite efforts to stabilize, significant uncertainties remain, particularly following another patient death in a clinical trial for a different therapy, making the stock unattractive at its current price [14][15]
ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages LifeMD, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – LFMD
GlobeNewswire News Room· 2025-08-31 15:31
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of LifeMD, Inc. securities between May 7, 2025, and August 5, 2025, due to alleged misleading statements and failure to disclose critical information regarding the company's competitive position and customer acquisition costs [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that LifeMD's defendants made materially false and misleading statements about the company's competitive position and financial guidance, particularly regarding customer acquisition costs in the RexMD segment and the sale of obesity treatment drugs [5]. - Investors who purchased LifeMD securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by October 27, 2025, to represent other class members in the litigation [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].