Friday, March 5, 2021

GoodRx Launches Charity Effort

Santa Monica-based healthcare savings marketplace operator GoodRx says it has launched a new, charitable effort, which it says will provide free prescriptions and care to patients in need. According to the company, it has has partnered with the National Association of Free and Charitable Clinics (NAFC) to provide free medications to those who are unable to afford healthcare due to systemic barriers. The company said it will use more than 1 million shares from its initial public offering, which is worth over $40M, to fund and support the new charity effort, GoodRx Helps. The company said it expects to provide over $5M worth of free mediciations in 2021 as part of the effort.