Drug Pricing App GoodRx Announces Revenue of $177 Million in Second Quarter of 2021

GoodRx has announced a 43% revenue increase in its second quarter, leading to $177 million in revenue. Its subscribers hit 7.5 million. Possible competitor Amazon Pharmacy has so far been unsuccessful in attracting subscribers.

GoodRx Senior Vice President of Corporate Strategy and Business Justin Fengler remarks, “Our prescription transaction business is doing incredibly well and our pharma manufacturing business is up 3 times year over year, representing the company’s fastest-growing offering,” adding, “We’ve seen zero impact from Amazon Pharmacy or any other companies that are in the space.” Read more here.

(Source: Heather Landi, Fierce Healthcare, 8/19/21)