Hims Built a $1.6 Billion Online Empire by Pushing Prescriptions

Bloomberg (10/30/2020)
  • In 2017, 32-year old Wharton graduate Andrew Dudum launched Hims, an online startup offering fast approvals and delivery for generic prescription drugs (eg birth control, hair loss, ED) with the “inviting gloss of Instagram”.
  • Hims has replaced doctor’s visits with 10-minute questionnaires to gain doctor’s approval.
  • Hims has exploited tele-health laws that let customers who lie about underlying conditions still secure prescriptions.
  • While Hims employs 200 doctors who review requests, former employees claim they were pressured to approve regardless of underlying health risks.