@LaughinPaulRyan
4年前
... $JPM Sees Doom And Gloom in $GDRX ...
@LootWallStreet vehemently juxtaposes this inconceivable err.
Although Anmuth expects Amazon’s offerings to have limited near-term impact, once customers become aware of the benefits of Prime Rx’ discount card and 2-day home delivery, Anmuth expects Amazon Pharmacy will be a “direct risk over the next few years.”
As a result, Anmuth downgraded GoodRx's rating from Neutral (i.e. Hold) to Underweight (i.e. Sell). The price target gets a severe haircut, too, and is reduced from $59 to $29. The new figure implies a 23% downside from current levels.
#Takeover
@LaughinPaulRyan
4年前
... TRUMP $GDRX BOOM ... #LOOTWALLSTREET
TODAY @REALDONALDTRUMP WILL RUIN AMAZON PHARMACY DREAMS.
At most stops, however, Trump has at least attempted to broach one topic that pollsters have repeatedly found to be resonant with voters: the high cost of prescription drugs. And time and again, Trump has not only promised to cut them – “Drug prices will be coming down 80 or 90 percent,” he said during the first presidential debate – but insisted that, functionally, he has already done so.
Do pharmacies have to accept GoodRx?
More than 70,000 pharmacies in the United States — including major chains like Costco, Kroger, Walmart, CVS, Rite Aid and Walgreens — will accept GoodRx. ... Participating pharmacies are contractually obligated to accept GoodRx coupons. If your pharmacist refuses to accept them, you can call GoodRx at (855) 268-2822. - source
It’s a strong claim in an election year. Is there hard evidence to support it?
“Evidence exists – but it’s to the contrary,” said Anthony Wright, executive director of Health Access California, a consumer advocacy group. “Drug prices continue to go up and up, and what’s remarkable is how true that is across the board. Newer drugs, older ones, brand names, generics – the prices for all of them are climbing.”
Drug prices in the U.S. rose by 3% from 2018 to 2019, part of a 4.6% overall increase in the cost of medical care.
So say the numbers, Trump’s bluster to the contrary. According to the Bureau of Labor Statistics, drug prices in the U.S. rose by 3% from 2018 to 2019, part of a 4.6% overall increase in the cost of medical care in this country. By July of this year, the prescription cost site GoodRx had recorded an average price hike of nearly 7% among more than 850 brand and generic drugs for 2020.
The issue has an urgency that goes beyond the ballot. In a year of the coronavirus pandemic, with millions of Americans out of work and either absent health insurance or about to be cut from employers’ plans, every hint of a rise in costs feels epic – and continuing increases could be devastating for low and middle income families alike. But even coming into the election cycle, before COVID-19 dominated the conversation, prescription drug prices were near the top of voters’ concerns about health care. - source
@LaughinPaulRyan
4年前
About GoodRx
GoodRx helps Americans get the healthcare they need at a price they can afford. As America’s leading resource for healthcare savings, GoodRx connects consumers with affordable and convenient prescriptions and medical care, including telehealth, mail order prescriptions, doctor visits, and lab tests. We have helped Americans save over $20 billion since 2011 and are the #1 most downloaded medical app in the last three years.
@LaughinPaulRyan
4年前
GoodRx Holdings Inc. (Nasdaq: GDRX), a leading consumer-focused digital healthcare platform in the United States, today announced that executives from the Company will be presenting at the following virtual investor conferences:
RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference on Wednesday, November 18, at 7:15am PT
Credit Suisse 24th Annual Technology Conference on Thursday, December 3, at 9:50am PT
UBS Global TMT Virtual Conference on Tuesday, December 8, at 11:50am PT
Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, at 10:00am PT
Live webcasts of each presentation and any accompanying presentation materials, as well as the archived recordings, will be available on the Investor Relations section of the Company’s website, https://investors.goodrx.com/. Following each conference, archived recordings will be available on the Company’s website for at least 30 days.
crudeoil24
4年前
GoodRx Holdings, Inc. is a holding company that provides price comparison tool for prescriptions. The Company provides GoodRx platform, which aggregates and analyzes pricing data from a number of different sources. Its platform also provides access to medication savings programs, medical provider consultations and lab tests through its telehealth offerings, HeyDoctor and the GoodRx Telehealth Marketplace, and other healthcare related content. Its prescription offering provides price comparisons and negotiated prices on prescriptions. Its subscription offerings provide consumers and their families with access to lower prescription prices on select medications in select pharmacies for a monthly or annual subscription fee. Its pharmaceutical manufacturer solutions offering provides advertising and integrated consumer affordability solutions to pharmaceutical manufacturers.