WELL's Subsidiary Wisp Launches Comprehensive Weight Care Vertical Inclusive of GLP-1 Medications to Support Women Struggling with Hormonal Imbalances

In This Article:

  • Wisp debuts its first-ever exclusive over-the-counter weight-loss supplement, designed to promote women's metabolic health.

  • Wisp introduces personalized, online consultations with access to four weight care solutions, including GLP-1 medications, to support women struggling with hormonal conditions such as perimenopause, menopause, Polycystic Ovary Syndrome (PCOS), and endometriosis.

  • With over 1.2 million patients, Wisp Now Also Bolsters its Menopause Solutions, Empowering Women Through All Major Stages of Their Healthcare Journey

VANCOUVER, BC and TORONTO, Oct. 17, 2024 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or the "Company"), a digital healthcare company focused on improving health outcomes through technology and empowering healthcare providers globally, is pleased to announce the launch of a new weight care vertical by its majority-owned subsidiary, Wisp, the largest dedicated women's telehealth provider in the U.S. With Wisp now serving over 1.2 million patients, this expansion represents a pivotal step forward in addressing critical health needs related to hormonal imbalances and weight management for women.

WELL Health Technologies Logo (CNW Group/WELL Health Technologies Corp.)
WELL Health Technologies Logo (CNW Group/WELL Health Technologies Corp.)

Through this launch, Wisp introduces personalized, online consultations with access to four weight care solutions, including GLP-1 medications, to support women struggling with hormonal conditions such as perimenopause, menopause, Polycystic Ovary Syndrome (PCOS), and endometriosis. Additionally, Wisp debuts its first-ever exclusive over-the-counter weight care capsules, designed to promote women's metabolic health.

"Wisp is committed to providing sustainable support for women's weight loss journeys, addressing a critical yet overlooked aspect of women's health," said Monica Cepak, CEO of Wisp. "As the dialogue around obesity evolves, we recognize that underlying conditions — especially hormonal imbalances linked to perimenopause and menopause — remain under-researched, underdiagnosed, and undertreated. With these new offerings, we're proud to continue expanding access to comprehensive care, offering tailored solutions for every woman and every condition at every price point."

"The launch of Wisp's weight care vertical taps into the transformative potential of GLP-1 therapies," said Hamed Shahbazi, Founder and CEO of WELL. "These treatments are reshaping healthcare by addressing weight management while enhancing metabolic health and alleviating hormonal challenges. For women experiencing conditions like PCOS, perimenopause, and menopause, GLP-1s open doors to improved health outcomes and a better quality of life. By integrating these therapies into Wisp's offerings, we are delivering personalized care at scale and positioning ourselves at the leading edge of women's healthcare innovation."