Why Agile Therapeutics Stock Is Trading Higher Today
Portfolio Pulse from Vandana Singh
Agile Therapeutics announced a partnership with vitaCare Prescription Services, a subsidiary of GoodRx Holdings, to expand patient access and streamline fulfillment for Twirla contraceptive patch. The partnership aims to strengthen Twirla's presence in the retail channel and contribute to Agile's 2023 financial goals of generating positive cash flow and delivering net revenue in the range of $25-$30 million.
June 14, 2023 | 1:29 pm
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NEUTRAL IMPACT
GoodRx's subsidiary, vitaCare Prescription Services, partners with Agile Therapeutics to expand patient access to Twirla contraceptive patch.
While the partnership with Agile Therapeutics will expand patient access to Twirla and streamline fulfillment, it is not clear how significant this partnership will be for GoodRx's overall business. Therefore, the short-term impact on GDRX stock is neutral.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Agile Therapeutics partners with vitaCare to expand Twirla access, aiming to boost retail presence and contribute to 2023 financial goals.
The partnership with vitaCare is expected to expand Twirla's presence in the retail channel, which is Agile's most profitable channel. This will likely contribute to the company's 2023 financial goals of generating positive cash flow and delivering net revenue in the range of $25-$30 million, positively impacting AGRX stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100