This is borderline illegal.
The whole business model probably just comes down to high demand over supply and traditional primary care doctors not being ready to keep up with prescribing it, though? It's a temporary gap being filled in. I wonder how long it can last.
They were already warned by the FDA: https://www.fda.gov/inspections-compliance-enforcement-and-c...
The border of legal and illegal is a good place to make money and change.
I didn't follow up what became of her startup idea, but there's no way she could have ever gotten it off the ground in just two months, like the guy from the article and his brother. More like two years...
So not one person, not two, but many.
This must largely be going into testing and generating marketing content? I am extremely curious about his processes.
zacharyozer•1h ago
> By the end of last year, Medvi had reached $401 million in annual sales and amassed 250,000 customers. It produced 16.2 percent in net profit, or $65 million, with spending going to the fees for telehealth platforms, marketing and then software. Hims, by contrast, had a net profit of 5.5 percent last year.
brysonmeunier•46m ago
gedy•16m ago
johnbarron•19m ago