As GLP-1 drugs surge, here's how telehealth companies and brick-and-mortar fitness giants are responding to the Ozempic era.
JP Morgan Private Capital has raised over $500 million for a life sciences fund targeting private biotech companies and the booming weight-loss drug space.
Hims & Hers will now provide access to compounded GLP-1s for eligible consumers at a discounted rate compared to brand-name prescriptions.
The Vitamin Shoppe is launching a telehealth service, Whole Health Rx, which offers consumers access to GLP-1 drugs such as Ozempic.
The Vitamin Shoppe named Lee Wright its new CEO and Muriel Gonzalez its new president, a pair of appointments that come after the wellness brand’s parent company, Franchise Group, announced its intentions to go private through a $2.6 billion management buyout.
The Franchise Group says going private will help the parent company of The Vitamin Shoppe navigate a challenging economic environment.
The FTC issued a strong warning to hundreds of advertisers, including those in the health and wellness space, about false product claims.
With the shares acquisition offer, The Vitamin Shoppe parent Franchise Group is valued at $1.05 billion per Retail Dive.
The Vitamin Shoppe celebrated the grand opening of a new franchise in Valparaiso, IN, calling it a key milestone.
Some session options for The Vitamin Shoppe loyalty program members include nutrition, cardio, pilates, strength, yoga, dance, & more.
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