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Wednesday, November 3, 2021

Petros, Via Marketing Pact with Hims & Hers, Grows STENDRA Tablet Sales 476% in Year

 Petros Pharmaceuticals, Inc. (Petros, Nasdaq: PTPI), a leading provider of therapeutics for men's health, today announces a 476% growth year-over-year of STENDRA tablet sales as part of an exclusive digital health marketing agreement with Hims & Hers Health, Inc. ("Hims & Hers" or "Hims"), the multi-specialty telehealth platform focused on providing modern personalized health and wellness experiences to consumers. The companies also announce the availability of additional dosages of STENDRA through the Hims & Hers platform, further expanding the partnership.

"Our continued relationship with Hims supports an industry-leading telehealth platform that allows individuals to inquire about and address erectile dysfunction with discretion and by way of a convenient method of healthcare engagement," said Fady Boctor, Petros Pharmaceuticals' President and Chief Commercial Officer. "With significant growth year-over-year of STENDRA tablet sales through Hims, we are excited to expand our collaboration with Hims and enhance access to STENDRA through this critical channel."

STENDRA is currently FDA-approved in 50mg, 100mg and 200mg tablets, all of which are now accessible through the Hims platform. Consumers looking to purchase any prescription through Hims & Hers need to complete a virtual consultation with a licensed healthcare provider via the platform to see if a prescription treatment is medically recommended.

"Offering our customers access to STENDRA has helped to strengthen our platform and achieve our mission of providing greater access to personalized care," added Dr. Patrick Carroll, Chief Medical Officer at Hims & Hers. "We are elated to be able to provide help and support to the many people who experience erectile dysfunction. We look forward to expanding our relationship with Petros by providing more dosage options at affordable prices through our platform so that even more people can access high quality, personalized care."

"In our exclusive marketing agreement with Hims, Petros continues to support the goal of destigmatizing the request for this therapy and expanding overall engagement for treatment," concluded Mr. Boctor.

It is estimated that only about 25% of the approximately 30 million men suffering from erectile dysfunction in the U.S. have received oral erectile dysfunction therapy.

 https://finance.yahoo.com/news/petros-pharmaceuticals-inc-exclusive-marketing-131600621.html


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