NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) — LifeMD, Inc. (the “Company”) (NASDAQ: LFMD), a number one direct-to-patient telehealth firm, at the moment introduced the profitable launch of NavaMD™. The NavaMD web site went stay on the finish of the primary quarter of fiscal 2021 and is the Company’s personalised tele-dermatology model and clinic, providing providers to sufferers throughout all 50 states. Justin Schreiber, Chairman and CEO commented, “We are happy to convey the NavaMD model to life in 2021, as this shall be LifeMD’s third profitable model launch in 4 years. We are an early mover within the $40 billion-dollar excessive development direct-to-patient tele-dermatology area and are well-positioned to develop market share. By empowering sufferers looking for telehealth providers, we really feel that LifeMD is greatest positioned to actively convey a couple of sea change in each the comfort and accessibility by which sufferers obtain personalised providers and medicines when wanted. As such, we stay centered on refining buyer acquisition methods and constructing a de-risked model portfolio that addresses low danger, massively underpenetrated and addressable markets such because the NavaMD medical skincare providing.” “By specializing in quick rising, therapeutic areas with excessive unmet wants, whose remedies are confirmed to be secure, we’re creating one of the best runway for unequalled development in telehealth buyer acquisition, recurring revenues and return on shareholder worth,” talked about Stefan Galluppi, Chief Technology Officer. NavaMD’s providers shall be obtainable to any affected person looking for dermatology providers. Service choices embrace the analysis and remedy of prevalent pores and skin situations resembling zits, rosacea, hyperpigmentation, indicators of growing old, and different prevalent pores and skin situations. NavaMD’s buyer acquisition technique shall be primarily set to rising its feminine buyer base, totally supported by best-in-class direct response advertising and marketing, social media, and influencer campaigns. Online medical remedy and providers shall be rendered via LifeMD’s community of U.S. licensed physicians, pharmacies, and, if acceptable, prescription oral and compounded topical medicines to deal with many frequent dermatological situations. In addition to the model’s telemedicine choices, NavaMD’s proprietary merchandise leverage mental property and proprietary formulations licensed from Restorsea, a number one medical grade skincare know-how platform. NavaMD is the primary exterior supplier to supply Restorsea’s patented medical-grade over-the-counter merchandise for treating these prevalent pores and skin situations. Like different LifeMD manufacturers, NavaMD tele-dermatology providers is very personalised, powered by a proprietary know-how stack. The engagement with sufferers is seamless and is pushed by a easy three-step buyer journey consisting of: Completing a free session: whereby a questionnaire and affected person picture is submitted for assessment.Getting prescribed a customized formulated remedy routine: NavaMD’s licensed U.S. medical doctors, and clinicians then work to design a customized prescription skincare remedy. A fast and handy checkout course of powered by LifeMD’s telehealth platform fills a prescription.The affected person receives a customized remedy by mail: LifeMD’s pharmacy providers prepares and delivers a buyer’s customized prescription remedy on a month-to-month recurring foundation or as usually as wanted.About LifeMD LifeMD, Inc. (previously Conversion Labs) is a number one telehealth firm that’s remodeling the healthcare panorama with direct-to-patient product and repair choices. LifeMD’s telemedicine platform permits digital entry to inexpensive and handy medical remedy from licensed suppliers and, when acceptable, prescription medicines and over-the-counter merchandise delivered straight to the affected person’s residence. To be taught extra, go to LifeMD.com. Cautionary Note Regarding Forward Looking Statements This information launch consists of forward-looking statements throughout the that means of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, relating to, amongst different issues our plans, methods and prospects — each enterprise and monetary. While we imagine that our plans, intentions and expectations mirrored in or steered by these forward-looking statements are cheap, we can’t guarantee you that we’ll obtain or understand these plans, intentions or expectations. Forward-looking statements are inherently topic to dangers, uncertainties and assumptions. Many of the forward-looking statements contained on this information launch could also be recognized by the use of forward-looking phrases resembling “imagine,” “anticipate,” “anticipate,” “ought to,” “deliberate,” “will,” “might,” “intend,” “estimated,” and “potential,” amongst others. Important components that would trigger precise outcomes to differ materially from the forward-looking statements we make on this information launch embrace market situations and people set forth in stories or paperwork that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to LifeMD, Inc. or an individual appearing on its behalf are expressly certified of their entirety by this cautionary language. LifeMD™, Shapiro MD™, Rex MD™ and Nava MD™ are logos of LifeMD. All different logos are the property of their respective house owners. Company Contact Marc Benathen, CFOLifeMD, Inc. Email Contact Investor Relations ContactAshley RobinsonLifeSci Advisors, [email protected]
