Client AcquisitionProgyny closed over 80 new clients representing roughly 900,000 lives, which is short of the 1 million lives targeted.
Drug Pricing ImpactPurchasing the drugs cash-pay via TrumpRx likely would not count toward out-of-pocket maximums, and without coordination could result in unsuccessful cycles.
Market SpeculationInvestors are likely speculating on the impact of an affordable direct-to-consumer option for IVF drugs on Progyny Rx demand.