Everything You Need to Know About GoodRx
As a start-up dedicated to reducing prescription medication costs for consumers, GoodRx is uniquely well-suited for the bizarre American healthcare market. With more than 17 million unique monthly users, GoodRx has helped its users save more than $5 billion in prescription costs in 2019 alone thanks to its pharmacy-coupon aggregation service and its pharmacy-price comparison tool.
Given the often exorbitant drug prices at the pharmacy, it's not shocking that people are eager to pay less for their prescriptions. But how does GoodRx make any money when it seems to be in the business of handing out coupons for other companies' products? Will it go public or be acquired? And what else should healthcare investors know about the company's place in the healthcare sector's competitive landscape?
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