Weight management

LifeMD Reports Fourth Quarter 2023 Results

Retrieved on: 
Monday, March 11, 2024

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and twelve months ended December 31, 2023.   

Key Points: 
  • Conference call begins at 4:30 p.m. Eastern time today
    NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and twelve months ended December 31, 2023.
  • “2023 was a record-setting year for LifeMD, characterized by sharp increases in revenue, telehealth subscribers and profitability.
  • Telehealth revenue increased 90% versus the year-ago period and 28% sequentially versus the third quarter of 2023.
  • The number of weight management subscribers exceeded 22,000 as of year-end 2023, a net gain of approximately 12,000 subscribers sequentially versus the third quarter of 2023.

Labcorp Launches Weight Loss Management Testing Solutions

Retrieved on: 
Thursday, March 7, 2024

BURLINGTON, N.C., March 7, 2024 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, announced today the introduction of its Weight Loss Management portfolio. The new offering features educational resources and convenient testing solutions, equipping individuals and their physicians with baseline and ongoing health indicators to inform treatment options, including lifestyle modifications, Glucagon-like peptide-1 (GLP-1) medications or bariatric surgery.

Key Points: 
  • GLP-1 medications for weight loss and diabetes management are also dramatically changing the weight management landscape.
  • The Weight Management Tracking Test assesses average blood sugar and lipid levels to monitor metabolic health as an individual progresses along the weight loss journey.
  • "The introduction of GLP-1s and other weight loss treatments has increased interest from individuals and their doctors seeking solutions for effective weight management.
  • "Our Weight Loss Management offering simplifies the process of obtaining baseline measurements and tracking health progress to empower informed conversations about weight loss between individuals and their doctors."

Synergy: Mental Health & Wellness Integrated Expands Services and Opens New Location in Glendale

Retrieved on: 
Wednesday, February 7, 2024

SCOTTSDALE, Ariz., Feb. 7, 2024 /PRNewswire/ -- Scottsdale Mental Health & Wellness Institute proudly announces its rebranding as Synergy: Mental Health & Wellness Integrated (SMHWI), reflecting its expanded range of services and geographic footprint. This evolution aligns with the company's commitment to providing comprehensive outpatient mental and physical healthcare services that support the complete wellness of each unique individual, as the practice expands across Arizona and soon to additional states.

Key Points: 
  • Formerly known as Scottsdale Mental Health & Wellness Institute, Synergy: Mental Health & Wellness Integrated is a premier provider of quality outpatient mental and physical health care services expanding across the state of Arizona and beyond.
  • SCOTTSDALE, Ariz., Feb. 7, 2024 /PRNewswire/ -- Scottsdale Mental Health & Wellness Institute proudly announces its rebranding as Synergy: Mental Health & Wellness Integrated (SMHWI), reflecting its expanded range of services and geographic footprint.
  • "Our decision to rebrand as Synergy: Mental Health and Wellness Integrated is a reflection of our commitment to providing comprehensive and integrated mental health care," said Dr. Roland Segal , SMHWI CEO/Founder.
  • Synergy: Mental Health & Wellness Integrated is part of the Turnwell Mental Health Network , a clinician-led, integrated mental health group specializing in local and affordable care for individuals suffering from mental health disorders with a mission to expand access to high-quality care in underserved markets.

TruLife Distribution Prepares to Attend ECRM in February

Retrieved on: 
Monday, February 5, 2024

FORT LAUDERDALE, Fla., Feb. 5, 2024 /PRNewswire/ -- In February, TruLife Distribution will be attending ECRM's Weight Management, Nutrition, and Vitamin Session. The event is scheduled to take place at the end of the month, from the 26th to the 28th, at the Henderson, Nevada Hilton Lake Las Vegas Resort & Spa. TruLife Distribution is a regular attendee at ECRM conferences throughout the year. These provide ideal opportunities to exhibit the latest breakthroughs and innovations in the supplement industry to some of the world's top retailers. This February, the marketing and distribution company intends to showcase several of its client's most exciting and creative breakthrough products.

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 5, 2024 /PRNewswire/ -- In February, TruLife Distribution will be attending ECRM's Weight Management, Nutrition, and Vitamin Session.
  • TruLife Distribution is a regular attendee at ECRM conferences throughout the year.
  • This February, the marketing and distribution company intends to showcase several of its client's most exciting and creative breakthrough products.
  • "ECRM is an effective way to quickly gain exposure with major retailers," says TruLife's founder and CEO Brian Gould.

LifeMD Reports Third Quarter 2023 Results; Record Revenue and Adjusted EBITDA

Retrieved on: 
Wednesday, November 8, 2023

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Consolidated adjusted EBITDA increased to $2.8 million compared with a loss of $0.8 million in the year-ago period, and a 60% improvement versus the second quarter of 2023.
  • Weight Management revenue more than quadrupled versus the second quarter of 2023.
  • “During the third quarter of 2023 LifeMD achieved record revenue and adjusted EBITDA, largely driven by significant patient subscriber growth.
  • Second consecutive quarter of positive cash flow from operations and exited the quarter with $15.3 million of cash.

Suanfarma USA Reinforces Commitment to Fair Trade, Organic Ingredients

Retrieved on: 
Tuesday, September 12, 2023

SALT LAKE CITY, Sept. 12, 2023 /PRNewswire/ -- Suanfarma USA expands its commitment to develop and market sustainable botanical ingredients for the US market. The company has attained USDA Organic and Fair for Life (FFL) certifications at its New Jersey site and for the new facility in Utah to serve the high demand from customers on the West Coast. With these two locations, Suanfarma USA can more efficiently cover market demand.

Key Points: 
  • With the opening of a new facility in Utah, Suanfarma USA will rapidly cover the demand for organic ingredients for West Coast customers
    SALT LAKE CITY, Sept. 12, 2023 /PRNewswire/ -- Suanfarma USA expands its commitment to develop and market sustainable botanical ingredients for the US market.
  • "We are proudly increasing our organic, Fair For Life ingredients line, including ashwagandha extract, banaba leaf extract, organic cinnamon powder, melissa (lemon balm) extract, tart cherry powder, organic turmeric powder, organic ginger powder, and many others," says Tammy Walton, Business Development Manager for Suanfarma USA.
  • Ultimately, this ensures Suanfarma USA can offer a great range of trusted organic ingredients.
  • Besides its full range of organic, FFL ingredients, Suanfarma USA customers also get access to the company´s innovative branded line of wellness (Metabolaid®, Move!Plx®, and RelaxPlx®) and beauty-from-within (Nutroxsun®, Zeropollution®, and Eternalyoung®) ingredients.

LifeMD Reports Second Quarter 2023 Results; Achieves Positive Free Cash Flow and Raises 2023 Revenue Guidance

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today reported financial results for the three and six months ended June 30, 2023.   

Key Points: 
  • Achieved positive free cash flow, ahead of guidance.
  • Raised 2023 revenue guidance to $146 million to $152 million, reflecting early success with the Weight Management program.
  • “The second quarter of 2023 was a breakout quarter for LifeMD.
  • Free cash flow, defined as operating cash flow less cash flow from investing activities, was $2.3 million, reaching the milestone of positive free cash flow ahead of guidance.

Hi-Tech Pharmaceuticals Launches Adderex® XR- Launches the Strongest Focus Aid Ever Developed that Supports Increased Concentration, Focus & Productivity

Retrieved on: 
Monday, August 7, 2023

Developed after 20 years of Research and Development by Hi-Tech Adderex® XR utilizes several Hi-Tech proprietary Phenylethylamine compounds –– which are the strongest stimulants and focusing aids available without a prescription!

Key Points: 
  • Developed after 20 years of Research and Development by Hi-Tech Adderex® XR utilizes several Hi-Tech proprietary Phenylethylamine compounds –– which are the strongest stimulants and focusing aids available without a prescription!
  • Normal amounts of PEA produced in the body support healthy energy levels as well as attention and focus, well-being, happiness, and cognitive function.
  • * Adderex® XR | Strongest Focusing Aid without a Prescription — Hi-Tech Pharmaceuticals (hitechpharma.com)
    PEA is a trace amine whose molecular mechanism of action differs from biogenic amines, such as serotonin or dopamine.
  • "Adderex® XR is a next-generation focusing aid and will fill the gap left by other manufacturers lack of production of focusing agents.

Horizon Healthcare Services Selects Solera Health’s Value-Based Condition Management Platform to Streamline Digital Care Delivery

Retrieved on: 
Tuesday, May 2, 2023

Through this strategic partnership, Solera will provide its technology platform to connect Horizon members to a personalized experience of innovative and effective curated networks of digital point solution programs to manage their health.

Key Points: 
  • Through this strategic partnership, Solera will provide its technology platform to connect Horizon members to a personalized experience of innovative and effective curated networks of digital point solution programs to manage their health.
  • Horizon will leverage Solera’s industry-leading expertise in driving member engagement to enroll members in their best-fit health management solutions via the company’s proprietary clinical AI.
  • Solera’s condition management platform reduces the operational burden and complexity of managing point solutions for health plans.
  • Through a single point of integration, Solera provides Horizon with a ‘digital front door’ to evidence-based non-clinical and clinical solutions.

TruLife Distribution Returns to ECRM to Kick Off an Exciting 2023

Retrieved on: 
Friday, March 24, 2023

FORT LAUDERDALE, Fla., March 24, 2023 /PRNewswire/ -- TruLife Distribution will be attending ECRM's Weight Management, Nutrition, and Vitamin Session over a four-day period at the end of March. The tentpole event, which connects manufacturers and suppliers with many of the world's leading retailers, will take place from March 27th through March 30th. Each year, the spring event functions as a pivotal element in TruLife's overarching strategy to help its client companies market and distribute their goods and services to U.S. consumers.

Key Points: 
  • The tentpole event, which connects manufacturers and suppliers with many of the world's leading retailers, will take place from March 27th through March 30th.
  • Each year, the spring event functions as a pivotal element in TruLife's overarching strategy to help its client companies market and distribute their goods and services to U.S. consumers.
  • As with so many conferences, ECRM shifted to an online format as a response to the pandemic.
  • This had a marked change in the dynamic and flow of the proceedings, but ECRM responded by creating its trademarked ECRM Connect software platform, which has facilitated over 225,000 retailer/supplier meetings to date.