LifeMD, Inc. (NASDAQ: LFMD, a leading direct-to-patient telehealth
company, today announced the continued expansion of its primary
care platform’s diagnostic capabilities with new offerings that
include at-home screening kits for early warning signs of colon and
breast cancer.
LifeMD’s new offerings feature the Aware® Breast Self
Exam pad for breast exams and the EZ
Detect™ at-home test that can detect an early warning sign
of colon cancer. By launching these innovative diagnostic
telehealth offerings, LifeMD continues to expand the scope of its
patient-first, virtual primary care platform. Strategic
partnerships make these new offerings possible, creating an
opportunity to provide patients with smarter and more proactive
health care. Both kits are from Biomerica.
Patients who are interested in accessing these at-home screening
kits can access them for free with a LifeMD membership at these
respective links: Breast Cancer, Colon Cancer.
“There is nothing else that dramatically increases the
likelihood of surviving cancer than early detection. Unfortunately,
cancer screening is underappreciated and not performed as often as
it should be. Early detection not only improves the chance of cured
disease and complete recovery, but also quality of life and
longevity,” said LifeMD CEO Justin Schreiber.
“We believe telehealth can play an essential role in diagnostic
care and early detection as part of regular medical self-care,
which is why LifeMD offers these at-home screening kits for free as
part of the LifeMD membership. We’re thankful for our strategic
partnerships that allow us to provide innovative treatments and
diagnostics to our patients. Together with our strategic partners,
LifeMD will continue to promote preventive care’s critical and
underappreciated role in healthcare,” continued LifeMD CEO Justin
Schreiber.
Breast CancerBreast cancer is the second
most common cancer in women in the United States and is responsible
for about 30% of all new female cancers each year. According to the
American Cancer Society, in the U.S., more than 290,000 new cases
are expected to be diagnosed in 2022, resulting in more than 43,000
deaths.Self-screening is key to preventing breast cancer. About 80%
of breast cancers are detected because women themselves notice
changes in their breasts, highlighting the important role that each
woman can play in her own health. Early detection substantially
improves the chances that breast cancer can be diagnosed and
treated successfully, with survival rates reaching as high as 99%
when the cancer is detected early and is still localized in the
breast.
Breast self-exams, clinical breast exams, and mammograms help
detect breast cancer early and play a crucial in improving survival
rates. The American Cancer Society recommends that women begin
practicing monthly breast self-exams at age 20. Although a
breast self-examination is not a replacement for regular medical
visits and regular ultrasound or mammography, the importance of
early detection cannot be overstated.
LifeMD is offering the Aware® Pad from
Biomerica, an FDA-cleared device that enhances tactile sensitivity
to changes or irregularities in breast tissue, making breast
self-examinations easy and convenient. The device helps to
facilitate an effective self-exam and, in combination with LifeMD’s
reminders, encourages a patient to perform a breast
self-examination every month.
Colon Cancer (Colorectal Cancer)Colorectal
cancer is the fourth most common cancer diagnosed in the United
States. According to the American Cancer Society, in the U.S., more
than 106,000 new cases of colon cancer are expected to be diagnosed
in 2022, with colon cancer expected to cause about 52,580 deaths
during 2022.Like most cancers, regular screening is the key to
prevention and early detection of colorectal cancer. The U.S.
Preventive Services Task Force recommends that all adults aged 45
to 75 be screened for colorectal cancer.
LifeMD’s colon self-testing kit contains the EZ
Detect™ from Biomerica, an FDA-cleared device that is the
most cost effective and convenient test available for at-home
detection of hidden blood in the stool, one of the primary early
signs of colorectal disease. The device is a simple, sanitary, and
fast at-home test requiring no stool handling; users simply drop a
test tissue into the toilet bowl, and the tissue will turn a
blue-green color within two minutes if blood is present. Unlike
many other colorectal screening measures, the at-home test has no
dietary restrictions before or during the testing period.
About LifeMD
LifeMD is a 50-state direct-to-patient telehealth company with a
portfolio of brands that offer virtual primary care, diagnostics,
and specialized treatment for men’s and women’s health, allergy
& asthma, and dermatological conditions. By leveraging our
proprietary technology platform, affiliated 50-state medical group,
and nationwide mail-order pharmacy network, LifeMD is increasing
access to top-notch healthcare that is affordable to anyone. To
learn more, go to LifeMD.com.
Cautionary Note Regarding Forward Looking
Statements
This news release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended;
Section 21E of the Securities Exchange Act of 1934, as amended; and
the safe harbor provision of the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements contained in this
news release may be identified by the use of words such as:
“believe,” “expect,” “anticipate,” “project,” “should,” “plan,”
“will,” “may,” “intend,” “estimate,” “predict,” “continue,” and
“potential,” or, in each case, their negative or other variations
or comparable terminology referencing future periods. Examples of
forward-looking statements include, but are not limited to,
statements regarding our financial outlook and guidance, short and
long-term business performance and operations, future revenues and
earnings, regulatory developments, legal events or outcomes,
ability to comply with complex and evolving regulations, market
conditions and trends, new or expanded products and offerings,
growth strategies, underlying assumptions, and the effects of any
of the foregoing on our future results of operations or financial
condition.
Forward-looking statements are not historical facts and are not
assurances of future performance. Rather, these statements are
based on our current expectations, beliefs, and assumptions
regarding future plans and strategies, projections, anticipated and
unanticipated events and trends, the economy, and other future
conditions, including the impact of any of the aforementioned on
our future business. As forward-looking statements relate to the
future, they are subject to inherent risk, uncertainties, and
changes in circumstances and assumptions that are difficult to
predict, including some of which are out of our control.
Consequently, our actual results, performance, and financial
condition may differ materially from those indicated in the
forward-looking statements. These risks and uncertainties include,
but are not limited to, “Risk Factors” identified in our filings
with the Securities and Exchange Commission, including, but not
limited to, our most recently filed Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and any amendments thereto. Even if
our actual results, performance, or financial condition are
consistent with forward-looking statements contained in such
filings, they may not be indicative of our actual results,
performance, or financial condition in subsequent periods.
Any forward-looking statement made in the news release is based
on information currently available to us as of the date on which
this release is made. We undertake no obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events, or otherwise, except as may be required
under applicable law or regulation.
Company Contact LifeMD, Inc. Marc Benathen,
CFOEmail Contact
LifeMD (NASDAQ:LFMD)
Historical Stock Chart
From May 2023 to Jun 2023
LifeMD (NASDAQ:LFMD)
Historical Stock Chart
From Jun 2022 to Jun 2023