Custom Compound Pharmacy

Hims & Hers is a telemedicine platform providing prescription medications and personalized health solutions through virtual doctor visits and custom pharmacy operations.

Core Business Model:

  • Offers both prescription medications and comprehensive treatment solutions
  • Combines generic pharmaceuticals with custom formulations
  • Revenue over $100M in sales last year
  • Conducted over 1M telemedicine visits

Key Services:

  • Prescription Categories:
    • Sexual health (ED, STDs)
    • Hair loss
    • Acne and anti-aging
    • Cold sores
    • Primary care (asthma, allergies, sinus infections, UTIs)
    • Sleep, immunity, heart health supplements

Custom Pharmacy Operations:

  • Dual approach to fulfillment:
    • Partnership with pharmacy network
    • Own 400,000 sq ft pharmacy operation/fulfillment center in Ohio
  • Custom compound formulations:
    • Prescription tretinoin in custom concentrations
    • Formulas tailored to individual skin type and age
    • Overnight shipping capability

Target Market:

  • Primary demographic in teens, twenties, and thirties
  • First-time treatment seekers looking for education
  • Customers seeking comprehensive treatment plans vs. just medications

Differentiation:

  • Focus on comprehensive treatment solutions
  • Combines medications with complementary products (shampoos, moisturizers)
  • Educational component through physician consultation
  • Customized care and treatment flexibility
40:28 - 40:46
Full video: 56:19
AD

Andrew Dudum

Founded Hims & Hers Health, a digital platform revolutionizing healthcare accessibility. Led the company to significant growth, reaching 1.86 million subscribers and $316 million in Q2 revenues.

Focuses on transforming healthcare through personalized solutions, including innovative treatments and compounded medications. Continues to expand the company's capabilities through strategic acquisitions and platform enhancements.

Twitter
Founder