Who Owns GoodRx?
GoodRx is an independent publicly traded American healthcare technology company listed on NASDAQ under the ticker symbol GDRX. Founded in 2011 by Trevor Bezdek, Doug Hirsch, and Scott Boucher, GoodRx operates as the leading platform for prescription savings in the United States, headquartered in Santa Monica, California.
Parent Company
Unknown
Founded
2011
Status
Publicly Traded
Headquarters
Santa Monica, California, USA
Who Owns GoodRx?
- Parent Company: Unknown
- Ownership Type: Public corporation
- Company Type: State-Owned
| Brand | Parent Company | Ownership Type |
|---|---|---|
| GoodRx | Unknown | Public corporation |
History of GoodRx
- Founded: 2011
- Founders: Trevor Bezdek, Doug Hirsch, Scott Boucher
GoodRx was founded in 2011 by Trevor Bezdek, Doug Hirsch, and Scott Boucher with the mission to help Americans find affordable healthcare options. This founding vision demonstrated exceptional insight into the growing demand for healthcare technology solutions while establishing a distinctive approach that would define the healthcare category for generations. The platform was created to provide transparency in prescription drug pricing and offer discount coupons to reduce medication costs. This strategic positioning demonstrated GoodRx's exceptional ability to create differentiated healthcare solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
The company quickly gained popularity by providing consumers with easy access to prescription drug prices at local pharmacies and discount coupons that could significantly reduce out-of-pocket costs. This period of excellence demonstrated GoodRx's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple healthcare segments. GoodRx expanded its services to include telehealth consultations and healthcare provider information. This strategic diversification demonstrated GoodRx's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the healthcare pharmaceuticals industry.
GoodRx went public through an IPO in 2020, achieving significant market valuation as a healthcare technology company. This continued evolution demonstrated GoodRx's exceptional ability to maintain market relevance while adapting to changing healthcare requirements and investor preferences. In subsequent years, Cencora (then AmerisourceBergen) made strategic investments in GoodRx, eventually leading to Cencora's ownership position in the platform. This continued excellence demonstrates GoodRx's exceptional ability to maintain market leadership while adapting to changing healthcare dynamics and regulatory requirements. This strategic integration demonstrated GoodRx's exceptional ability to integrate into larger healthcare corporations while maintaining its core brand identity and cultural significance in the healthcare technology industry. This continued success represents a significant milestone in the evolution of healthcare technology and consumer-focused prescription solutions.
Where Is GoodRx Made / Based?
- Headquarters: Santa Monica, California, USA
- Manufacturing / Operations: United States
GoodRx Ownership: Pros & Cons
Advantages
- +Market leader in U.S. prescription drug price transparency and savings
- +Direct consumer access with strong brand recognition
- +Independent public company with access to capital markets
- +Expansion into telehealth and broader healthcare services
- +Technology-driven approach to healthcare affordability
Considerations
- -Significant decline in market capitalization since 2020 IPO peak
- -Dependence on pharmacy participation and discount acceptance
- -Competition from other prescription savings platforms and pharmacy programs
- -Regulatory oversight of healthcare technology and pricing information
- -Balance between consumer savings and pharmacy profitability
Frequently Asked Questions About GoodRx
Where to Buy
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GoodRx on AmazonCompetitors to GoodRx
No direct competitors found in the same category. This could be because GoodRxoperates in a unique market segment or we're still building our competitor database.
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