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GoodRx Holdings Inc Ordinary Shares - Class A - Stock Quote GDRX

Morningstar's GoodRx Holdings Inc Ordinary Shares - Class A Stock Analysis

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Dropping Coverage of GoodRx

Damien Conover, CFA Sector Director

Analyst Note

| Damien Conover, CFA |

We are dropping coverage of GoodRx. We provide broad coverage of more than 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.

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GoodRx Holdings Inc Ordinary Shares - Class A's Company Profile

Business Description

GoodRx is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It has over 6 million active monthly users. The company’s primary focus is the U.S. prescription drug market, where GoodRx has developed a price comparison tool that it aggregates from over 200 billion daily pricing data points, directing consumers toward coupons negotiated between a pharmacy and intermediaries (pharmacy benefit managers ). GoodRx generates revenue by taking a small share of the fees paid by pharmacies to PBMs in exchange for routing consumers to these discount programs, and separately through a subscription-based model (GoodRx Gold), which offers discounted drugs to customers paying a monthly membership fee.

Contact
2701 Olympic Boulevard
Santa Monica, CA, 90404
T +1 855 268-2822
Sector Healthcare
Industry Health Information Services
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Speculative Growth
Employees 777