Giftify, Inc. Announces Smart Savings Solution for Popular GLP-1 Diabetes and Weight Loss Medications
February 20 2025 - 8:30AM
Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator
of CardCash.com and Restaurant.com, and a leader in the incentives
and rewards industry, today announced that CardCash.com is offering
consumers smart saving solutions for high-cost GLP-1 weight loss
prescription medications like Ozempic (semaglutide) from Novo
Nordisk and Zepbound (tirzepatide) from Eli Lilly.
CardCash.com, Giftify's secondary gift card
exchange platform, provides consumers with an innovative approach
to reduce rising out-of-pocket expenses for increasingly popular
GLP-1 medications. The strategy leverages discounted pharmacy gift
cards from major retailers including CVS and Walgreens.
This program aligns with current national
efforts to address healthcare affordability challenges. By
providing practical tools to reduce prescription costs,
CardCash.com is contributing to the ongoing public dialogue around
making essential medications more accessible for all Americans,
particularly as policymakers continue to explore comprehensive
solutions to rising healthcare expenses.
Consumer feedback validates the financial impact
of this approach. “As one Trustpilot reviewer, Corey Polk, shared,
‘I had significant savings on my Walgreens cards. I used it to buy
Ozempic, and now I save about $30 a month.’ This is exactly what we
aim for at CardCash — helping consumers find financial relief where
they need it most,” said Carol Rosenblum, Marketing Manager at
CardCash.com.
The platform's strategy creates a multi-layered
savings opportunity for medication purchasers. Users can combine
CardCash's discounted gift cards with manufacturer savings programs
and prescription discount services like GoodRx and SingleCare.
Additional cost reductions can be achieved through price
comparisons between major pharmacy retailers including CVS,
Walgreens, and Walmart.
This healthcare cost reduction initiative
addresses growing market demand for GLP-1 medications such as
Ozempic, Mounjaro, and Wegovy. By providing access to discounted
gift cards that can be applied toward pharmaceutical purchases,
CardCash extends Giftify's value proposition into the healthcare
sector.
"As prescription medication costs continue to
rise, we're leveraging our established gift card marketplace to
create meaningful savings opportunities in healthcare," said Ketan
Thakker, CEO of Giftify, Inc. "This initiative aligns perfectly
with our strategic focus on expanding our digital savings platforms
into high-growth consumer markets. The increasing adoption of GLP-1
medications represents a significant opportunity to demonstrate the
versatility and value of our business model."
About Giftify, Inc.Giftify,
Inc. is a pioneer in the incentive and rewards industry with a
focus on retail, dining & entertainment experiences, as the
owner and operator of leading digital platforms, CardCash.com and
Restaurant.com. CardCash.com is a leading secondary gift card
exchange platform, allowing consumers and retailers to realize
value by buying and selling gift cards at various scales. Its
Restaurant.com is the nation’s largest restaurant-focused digital
deals brand. Restaurant.com and our Corporate Incentives division
connect digital consumers, businesses and communities offering
thousands of dining, retail and entertainment deals options
nationwide at over 184,000 restaurants and retailers.
Restaurant.com prides itself on offering the best deal, every meal.
Our gift cards and restaurant certificates allow customers to save
at thousands of restaurants across the country with just a few
clicks.
For more information, visit: www.giftifyinc.com
and www.cardcash.com and https://www.restaurant.com.
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forward-looking statements. Any statements made in this news
release about an action, event or development, are forward-looking
statements. Such statements are based upon assumptions that in the
future may prove not to have been accurate and are subject to
significant risks and uncertainties. Such statements are subject to
a number of assumptions, risks and uncertainties, many of which are
beyond the control of the company. Accordingly, you should not
place undue reliance on these forward-looking statements. Although
the company believes that the expectations reflected in the
forward-looking statements are reasonable, it can give no assurance
that its forward-looking statements will prove to be correct.
Investors are cautioned that any forward-looking statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected. The forward-looking
statements in this press release are made as of the date hereof.
The company takes no obligation to update or correct its own
forward-looking statements, except as required by law or those
prepared by third parties that are not paid by the company.
Statements in this press release that are not historical fact may
be deemed forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Although Giftify,
Inc. believes the expectations reflected in any forward-looking
statements are based on reasonable assumptions, Giftify, Inc. is
unable to give any assurance that its expectations will be
attained. Factors that could cause actual results to differ
materially from expectations include the company’s ability identify
a suitable business model for the corporation.
Investors Contacts: IR@giftifyinc.com
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