Hims & Hers stock surges 23%: Telehealth company announces expansion into blood testing weeks after Super Bowl buzz
Briefly

Hims & Hers is making a significant move into at-home blood testing and diagnostics with its acquisition of Trybe Labs. The telehealth company plans to offer over 70 at-home diagnostic tests, covering areas like heart health and cancer detection, all managed through its app, eliminating the need for doctor visits. The tests will be processed using state-of-the-art equipment at Trybe's New Jersey facility, with pricing details to be released in the coming year. This expansion positions Hims & Hers competitively against major companies like Labcorp and Quest Diagnostics, particularly amid rising stock prices fueled by innovative marketing strategies.
Hims & Hers aims to enhance patient care by expanding into at-home blood testing, offering over 70 diagnostics without requiring traditional doctor visits.
With the acquisition of Trybe Labs, Hims & Hers positions itself to provide affordable and accessible lab testing, competing directly with established players in the diagnostics industry.
The viral Super Bowl ad significantly boosted Hims & Hers' visibility and engagement, reflecting a growing trend in telehealth towards direct-to-consumer services.
Shares of Hims jumped 23% after the acquisition news, highlighting investor confidence in innovative telehealth solutions that disrupt traditional healthcare models.
Read at Fast Company
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