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Industry | Consumer healthcare company |
---|---|
Founded | 2016 U.S. |
Founder | Dr. Malcolm Potts, Dr. Nap Hosang, and Samantha Miller |
Headquarters | Oakland, California , U.S. |
Area served | United States |
Key people | Dr. Malcolm Potts (Founder) Dr. Nap Hosang (Founder) Samantha Miller (Founder) |
Products | Emergency contraceptive pills, Pregnancy tests, Birth control pills |
Website | cadenceotc |
Overview
editCadence Health, Inc., also known as Cadence OTC, is a privately held consumer healthcare company in the United States. [1][2] Founded by Dr. Malcolm Potts, Dr. Nap Hosang, and Samantha Miller in 2016 as a public benefit company (PBC) based in Oakland, California, Cadence OTC provides access to contraceptives without a medical prescription. [3][4][5] Cadence OTC bought rights to two estrogen-progestin combined oral contraceptives, Lo/Ovral and Alesse, from Pfizer in 2016. [6][7][8]
Morning After Pill
editCadence OTC’s emergency contraceptive, the Morning After Pill, was launched in January 2024 and is available at convenience stores in the United States. [9][10] This OTC emergency contraceptive is designed to prevent pregnancy after unprotected sex or condom failure. Each Morning After Pill contains 1.5 mg Levonorgestrel. [11]
Zena
editZena is Cadence OTC’s combination birth control pill that contains a dose of progestin and estrogen. [12][13] Cadence OTC has collaborated with the U.S. Food and Drug Administration (FDA) to enable the sale of its birth control pill, Zena, for over-the-counter sale through a process known as the “first–in-class Rx-to-OTC switch.” [14][15][16] As of July 2024, FDA approval for Zena is pending and is labeled as an investigational drug. [17]
Partnerships
editCadence OTC partnered with Lil’ Drug Store Products Inc., a convenience store health product supplier, in January 2024. [18]
Funding
editCadence OTC received over $30 million USD in funding from investors, including Soros Economic Development Fund, RH Capital and NJF Capital, the Global Fund for Women, the Disney family, the Gamble family of Pathfinder International, Templeton World Charities, Tara Health, Educational Foundation of America, and celebrities like Elizabeth Banks, Damon Lindelof, and Heidi Lindelof. [19][20]
Leadership
edit- Samantha Miller: Co-Founder and CEO (2016-present) [21]
- Malcolm Potts: Co-Founder and Scientific Advisor (2016-present) [22]
- Dr. Nap Hosang: Co-Founder and Chief Medical Officer (2016-present) [23]
- Dr. Simon Gilburt: Senior VP, Clinical Research & Medical Affairs (2020-present) [24]
- Michelle Chun: VP Operations (2023-present) [25]
- Abigail Disney: Board Member [26]
References
edit- ^ "Nevertheless, they persisted". 9 March 2023.
- ^ "Cadence OTC Overview".
- ^ "Cadence OTC Overview".
- ^ "Nap Hosang: Public Health Entrepreneur Continues Fight for Women's Health". 10 July 2017.
- ^ "Cadence OTC - Women's Health Resources". 24 July 2024.
- ^ "Nap Hosang: Public Health Entrepreneur Continues Fight for Women's Health". 10 July 2017.
- ^ "Nevertheless, they persisted". 9 March 2023.
- ^ "Lil' Drug Store Becomes Exclusive Convenience Channel Distributor for Emergency Contraceptive".
- ^ "Cadence OTC". 11 March 2024.
- ^ "Over-the-Counter Contraceptive Pill". 11 September 2024.
- ^ "Cadence OTC". 11 March 2024.
- ^ "US considers first over-the-counter birth control pill".
- ^ "Bay Area company could be next with over-the-counter birth control". 28 July 2023.
- ^ "After Roe ruling, Perrigo's HRA Pharma asks FDA to make its birth control pill available OTC".
- ^ "FDA to consider making prescription contraceptive pill available over-the-counter". 11 July 2022.
- ^ "Soon Birth Control Could Be Available Over the Counter". 12 July 2022.
- ^ "FDA Mulling Over-the-Counter Sale of Contraceptive Pill".
- ^ "Lil' Drug Store Becomes Exclusive Convenience Channel Distributor for Emergency Contraceptive".
- ^ "Cadence OTC Overview".
- ^ "Buckhill Capital Invests in Cadence Health's Series B Round". 25 November 2019.
- ^ "Cadence OTC Overview".
- ^ "Cadence OTC Overview".
- ^ "Nap Hosang: Public Health Entrepreneur Continues Fight for Women's Health". 10 July 2017.
- ^ "2023 CHPA REGU:ATORY SCIENTIFIC & QUALITY CONFERENCE" (PDF).
- ^ "Cadence OTC".
- ^ "Cadence OTC Overview".