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Stock impact report

Young startup Hims sells generic Viagra and Rogaine to the Instagram crowd [Los Angeles Times (CA)]

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Young startup Hims sells generic Viagra and Rogaine to the Instagram crowd Every man in Dylan Nelson’s family is bald. His dad, uncle and both grandfathers: all hairless. The 28-year-old headhunter from Newport Beach started suffering the same fate when he was 23. He tried Rogaine but found it pricey and ineffective. Then he saw a cheeky ad for Hims, a startup that sells mail-order kits of prescription drugs. Nelson asked his neighbor, a dermatologist, what she thought. The drugs Hims was offering were the same ones she prescribed to her patients but cheaper. Two months in, they seem to be working. “I’ve been cutting my hair every 10 days,” Nelson said. Hims is one of a crop of new direct-to-consumer, hipster-branded startups selling prescription drugs to men through the internet. But where others such as Keeps and Roman focus on one health issue (hair loss and erectile dysfunction, respectively), Hims wants to build a brand that serves men with many different ailments, including erec Show less Read more
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