, a company that finds users prescription drugs at a discount, closed up 53% in its public debut Wednesday on the Nasdaq.
The stock closed at $50.50 per share, up from its IPO price of $33 per share, boosting its market cap to about $19.4 billion. Shares trade under the symbol "GDRX" on the NASDAQ.veteran Doug Hirsch and software entrepreneur Trevor Bezdek, GoodRx offers users a free list of discount cards and coupons to cut down costs of their prescription medication. The company collects fees from the pharmacy benefits managers it works with.
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GoodRX co-CEO Doug Hirsch on business model, going public and more“The health care system in this country is so broken, right? Why should any American have to pay $1,000 or $6,000 or in some cases $2,000,000 for a drug?” GoodRx co-CEO Doug Hirsch says. For profit health care is a sin... And a crime against humanity. Praying the entire healthcare industry collapses... It's the only way systemic change will come. I can do your data entry job accurately. Please find on Fiverr. Dataentry Fiverr
Source: CNBC - 🏆 12. / 72 Read more »
GoodRX co-CEO Doug Hirsch on business model, going public and more“The health care system in this country is so broken, right? Why should any American have to pay $1,000 or $6,000 or in some cases $2,000,000 for a drug?” GoodRx co-CEO Doug Hirsch says. For profit health care is a sin... And a crime against humanity. Praying the entire healthcare industry collapses... It's the only way systemic change will come. I can do your data entry job accurately. Please find on Fiverr. Dataentry Fiverr
Source: CNBC - 🏆 12. / 72 Read more »
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