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Person with a hand on his shoulder
Ro and the NIA partner to create an Alzheimer's disease registry for clinical trials
By  Jessica Hagen 12:44 pm October 6, 2022
Direct-to-patient healthcare company Ro announced an agreement with the National Institute on Aging (NIA) to develop the Registry for Equal Access to Clinical Trials in Alzheimer's Disease (REACT-AD). Ro will employ its telehealth platform to screen and recruit patients at elevated risk for developing Alzheimer's disease (AD) or other related dementia to join REACT-AD for potential participation...
The front desk in a Ro office
Virtual care unicorn Ro lays off 18% of workforce
By  Emily Olsen 11:41 am June 24, 2022
Months after announcing a $150 million fundraise that boosted its valuation to $7 billion, direct-to-consumer virtual care company Ro is laying off 18% of its workforce. "While we took steps over the last six months to prepare for a possible downturn, including raising additional capital and narrowing our focus, we came to the unfortunate conclusion that we needed to make more significant changes...
The Ro Sperm Kit
Ro expands fertility services with Dadi acquisition
By  Emily Olsen 11:46 am March 1, 2022
Direct-to-consumer virtual care company Ro has acquired Dadi, a male fertility and sperm-testing startup.  The move comes less than a year after Ro scooped up another reproductive health-focused company, Modern Fertility.  As part of the deal, the virtual care company will retire the Dadi name and launch the Ro Sperm Kit, which allows users to collect samples at home for analysis and storage. The...
A piggy bank next to a stethoscope and a pile of coins.
Kallyope scores $236M, Ro scoops up $150M and more digital health fundings
By  Emily Olsen 02:36 pm February 15, 2022
Kallyope, which offers a drug-discovery platform focused on developing therapies involving the gut-brain axis, announced it had raised $236 million in a Series D funding round led by Mubadala Investment Company and the Column Group. Other participants in the round include Alexandria Venture Investments, Bill Gates, Casdin Capital, Euclidean Capital, Illumina Ventures, Lux Capital, Polaris...
someone on scale
Ro takes $30M bet on weight loss product Plenity
By  Laura Lovett 02:45 pm November 18, 2021
Ro is taking bets on the weight loss industry with a $30 million prepaid order of diet pill Plenity. The New York-based company inked a deal with Plenity creator Gelesis in 2019 to offer the product as part of Ro’s virtual care services.  Plenity, which was cleared by the FDA in 2019 as a Class II Medical Device, comes in the form of an ingestible capsule. While users can tap into Ro’s...
A close up of a person holding a pill bottle while using a laptop
Ro CEO shoots back after report on employee dissatisfaction
By  Emily Olsen 11:46 am October 29, 2021
Employee morale is low and turnover is high at direct-to-consumer virtual care company Ro, as the company struggles to expand its success beyond erectile dysfunction medication, according to reporting by TechCrunch.  TechCrunch’s anonymous interviews with 10 current and former Ro workers detail employee churn across departments and a frantic pace to launch or acquire new products that then...
Ro Mind
Patients can now get anxiety and depression medications via Ro's direct-to-consumer platform
By  Laura Lovett 11:44 am July 27, 2021
Direct-to-consumer virtual care company Ro is rolling out a new mental health platform, dubbed Ro Mind, that will initially focus on generalized anxiety disorder (GAD) and major depressive disorder (MDD). As part of the service, patients will be able to get a prescription for anxiety and depression medications through the platform, if they fit the criteria.  In a blog posting, Ro’s team said that...
Kit box
Ro purchases at-home diagnostic company Kit, marking its second M&A in two months
By  Laura Lovett 11:43 am June 30, 2021
This morning, direct-to-consumer virtual health company Ro announced its plans to buy at-home diagnostic company Kit for an undisclosed sum. This marks the company’s second acquisition in two months. Kit developed a system that allows patients to self-administer an at-home sample collection. Before taking the sample, patients are asked to download the corresponding app, which contains step-by-...
Ro and Modern Fertility Founders
D2C virtual care company Ro strengthens reproductive offerings with Modern Fertility acquisition
By  Laura Lovett 11:22 am May 19, 2021
Ro, a direct-to-consumer virtual care company, is strengthening its foothold in women's health with the acquisition of reproductive health company Modern Fertility for an undisclosed sum. As part of the deal, Modern Fertility's offerings will be offered via Ro's primary care platform. Like Ro, Modern Fertility built up a direct-to-consumer virtual health business. However, Modern Fertility offers...
Three screens of Ro's app-based Roman offering
Ro raises $500M, bringing its D2C virtual care business to a $5B valuation
By  Dave Muoio 12:38 pm March 23, 2021
Direct-to-consumer virtual care and mail-order prescription startup Ro is adding to its already impressive fundraising haul with a fresh $500 million investment headed by prior backers General Catalyst, FirstMark Capital and TQ Ventures, the company announced this morning. SignalFire Torch and BoxGroup also returned to participate in the Series D round, as did new investors Altimeter, Baupost,...
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In-depth: Digital health news recap of HIMSS16
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