The news: Digital health company Noom is launching a hormone replacement therapy program to support women experiencing menopausal hormone shifts.
More on the offering: It pairs medications with Noom’s behavior change program.
Why it matters: Noom thinks that many women members who are already enrolled in the company’s weight loss program can benefit from hormone replacement therapy.
The trend: We’ve seen more telehealth and D2C health companies tap into markets for hormone replacement therapy for women in perimenopause and menopause and testosterone replacement therapy for men.
The final word: Companies that generated a lot of business selling compounded weight loss medications won’t be able to rely on those revenues for much longer.
Exploring new prescription drug segments makes sense—but the hormone/testosterone replacement therapy market is much smaller than the weight loss drug market and comes with more medical risks. It will be important for players in this space to be transparent with consumers about the pros and cons of these treatments and avoid overprescribing.