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Jump to Key Points Oct 20 (Reuters) - Hims & Hers Health said on Tuesday it launched an online weight management service for men in Germany, marking a deeper investment by the US telehealth firm in one of Europe's largest healthcare markets.
Here are some details:
• The service allows patients to complete an online consultation and, if eligible, receive treatment prescribed by EU-licensed clinicians, while those requiring in-person care are referred to local healthcare providers
• The company did not disclose financial details of the German launch
- Online weight management service launched for men in Germany.
- Online consult + EU-licensed clinician prescribing if eligible.
- In-person care referrals made when required.
- Obesity burden high in Germany; ~20% adults affected.
- Weight-loss medication access limited; insurance often excludes coverage.
• Hims said it was entering the market as obesity remains a major health concern in Germany. Nearly one in five adults live with the condition, while more than six in 10 men are overweight, it said
• The company said access to weight-loss treatments remains limited because health insurance plans typically do not cover the medicines, leaving patients to pay out of pocket
• Hims cited survey data showing that more than 75% of adults who had tried to manage their weight did so without professional help
• The company already operates in Europe through the UK, where it strengthened its presence with the acquisition of London-based digital health startup Zava last year
(Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Devika Syamnath)
