LifeMD Expands Primary Care Platform’s Diagnostic Capabilities with New At-Home Screening Kits For Early Warning Signs Of Cancer

Rhea-AI Summary

LifeMD, a telehealth company, has expanded its primary care platform by offering free at-home screening kits for early detection of colon and breast cancer. The Aware® Breast Self Exam pad and EZ Detect™ at-home test are designed to empower patients in proactive health management. This initiative is part of LifeMD's commitment to enhancing diagnostic capabilities and preventive care through strategic partnerships. The kits will be available free with a LifeMD membership, reinforcing the importance of early detection in successful treatment outcomes.

Positive

• Introduction of free at-home screening kits for breast and colon cancer.
• Partnerships with Biomerica enhance diagnostic offerings.
• Focus on early detection aligns with telehealth growth trends.

Negative

• None.

Patients can now access At-home kits for early warning signs of colon cancer and breast cancer through LifeMD’s primary care platform.

LifeMD to provide free Breast and Colon screening kits with membership

NEW YORK, Sept. 14, 2022 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD, a leading direct-to-patient telehealth company, today announced the continued expansion of its primary care platform’s diagnostic capabilities with new offerings that include at-home screening kits for early warning signs of colon and breast cancer.

LifeMD’s new offerings feature the Aware® Breast Self Exam pad for breast exams and the EZ Detect™ at-home test that can detect an early warning sign of colon cancer. By launching these innovative diagnostic telehealth offerings, LifeMD continues to expand the scope of its patient-first, virtual primary care platform. Strategic partnerships make these new offerings possible, creating an opportunity to provide patients with smarter and more proactive health care. Both kits are from Biomerica.

Patients who are interested in accessing these at-home screening kits can access them for free with a LifeMD membership at these respective links: Breast Cancer, Colon Cancer.

“There is nothing else that dramatically increases the likelihood of surviving cancer than early detection. Unfortunately, cancer screening is underappreciated and not performed as often as it should be. Early detection not only improves the chance of cured disease and complete recovery, but also quality of life and longevity,” said LifeMD CEO Justin Schreiber.

“We believe telehealth can play an essential role in diagnostic care and early detection as part of regular medical self-care, which is why LifeMD offers these at-home screening kits for free as part of the LifeMD membership. We’re thankful for our strategic partnerships that allow us to provide innovative treatments and diagnostics to our patients. Together with our strategic partners, LifeMD will continue to promote preventive care’s critical and underappreciated role in healthcare,” continued LifeMD CEO Justin Schreiber.

Breast Cancer
Breast cancer is the second most common cancer in women in the United States and is responsible for about 30% of all new female cancers each year. According to the American Cancer Society, in the U.S., more than 290,000 new cases are expected to be diagnosed in 2022, resulting in more than 43,000 deaths.

Self-screening is key to preventing breast cancer. About 80% of breast cancers are detected because women themselves notice changes in their breasts, highlighting the important role that each woman can play in her own health. Early detection substantially improves the chances that breast cancer can be diagnosed and treated successfully, with survival rates reaching as high as 99% when the cancer is detected early and is still localized in the breast.

Breast self-exams, clinical breast exams, and mammograms help detect breast cancer early and play a crucial in improving survival rates. The American Cancer Society recommends that women begin practicing monthly breast self-exams at age 20. Although a breast self-examination is not a replacement for regular medical visits and regular ultrasound or mammography, the importance of early detection cannot be overstated.

LifeMD is offering the Aware® Pad from Biomerica, an FDA-cleared device that enhances tactile sensitivity to changes or irregularities in breast tissue, making breast self-examinations easy and convenient. The device helps to facilitate an effective self-exam and, in combination with LifeMD’s reminders, encourages a patient to perform a breast self-examination every month.

Colon Cancer (Colorectal Cancer)
Colorectal cancer is the fourth most common cancer diagnosed in the United States. According to the American Cancer Society, in the U.S., more than 106,000 new cases of colon cancer are expected to be diagnosed in 2022, with colon cancer expected to cause about 52,580 deaths during 2022.

Like most cancers, regular screening is the key to prevention and early detection of colorectal cancer. The U.S. Preventive Services Task Force recommends that all adults aged 45 to 75 be screened for colorectal cancer.

LifeMD’s colon self-testing kit contains the EZ Detect™ from Biomerica, an FDA-cleared device that is the most cost effective and convenient test available for at-home detection of hidden blood in the stool, one of the primary early signs of colorectal disease. The device is a simple, sanitary, and fast at-home test requiring no stool handling; users simply drop a test tissue into the toilet bowl, and the tissue will turn a blue-green color within two minutes if blood is present. Unlike many other colorectal screening measures, the at-home test has no dietary restrictions before or during the testing period.

About LifeMD

LifeMD is a 50-state direct-to-patient telehealth company with a portfolio of brands that offer virtual primary care, diagnostics, and specialized treatment for men’s and women’s health, allergy & asthma, and dermatological conditions. By leveraging our proprietary technology platform, affiliated 50-state medical group, and nationwide mail-order pharmacy network, LifeMD is increasing access to top-notch healthcare that is affordable to anyone. To learn more, go to LifeMD.com.

Cautionary Note Regarding Forward Looking Statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended; Section 21E of the Securities Exchange Act of 1934, as amended; and the safe harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release may be identified by the use of words such as: “believe,” “expect,” “anticipate,” “project,” “should,” “plan,” “will,” “may,” “intend,” “estimate,” “predict,” “continue,” and “potential,” or, in each case, their negative or other variations or comparable terminology referencing future periods. Examples of forward-looking statements include, but are not limited to, statements regarding our financial outlook and guidance, short and long-term business performance and operations, future revenues and earnings, regulatory developments, legal events or outcomes, ability to comply with complex and evolving regulations, market conditions and trends, new or expanded products and offerings, growth strategies, underlying assumptions, and the effects of any of the foregoing on our future results of operations or financial condition.

Forward-looking statements are not historical facts and are not assurances of future performance. Rather, these statements are based on our current expectations, beliefs, and assumptions regarding future plans and strategies, projections, anticipated and unanticipated events and trends, the economy, and other future conditions, including the impact of any of the aforementioned on our future business. As forward-looking statements relate to the future, they are subject to inherent risk, uncertainties, and changes in circumstances and assumptions that are difficult to predict, including some of which are out of our control. Consequently, our actual results, performance, and financial condition may differ materially from those indicated in the forward-looking statements. These risks and uncertainties include, but are not limited to, “Risk Factors” identified in our filings with the Securities and Exchange Commission, including, but not limited to, our most recently filed Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and any amendments thereto. Even if our actual results, performance, or financial condition are consistent with forward-looking statements contained in such filings, they may not be indicative of our actual results, performance, or financial condition in subsequent periods.

Any forward-looking statement made in the news release is based on information currently available to us as of the date on which this release is made. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required under applicable law or regulation.

Company Contact
LifeMD, Inc.
Marc Benathen, CFO
Email Contact

FAQ

What new health screening services has LifeMD launched?

LifeMD has launched free at-home screening kits for breast and colon cancer.

How can patients access LifeMD's screening kits?

Patients can access the at-home screening kits for free with a LifeMD membership.

What is the significance of early detection in cancer treatment according to LifeMD?

Early detection significantly improves the chances of successful cancer treatment and recovery.

What are the specific screening kits offered by LifeMD?

LifeMD offers the Aware® Breast Self Exam pad and the EZ Detect™ colon cancer screening test.

Which company collaborates with LifeMD for these new diagnostic services?

LifeMD is collaborating with Biomerica for the new diagnostic offerings.