The company had previously let go of 15 percent of its staff in June, with CEO Sid Viswanathan saying at that time that “the markets have shifted, and we must adapt.”
The spokesperson disputed another report that the August layoffs slashed the firm’s workforce by a third and eliminated its entire U.K. team.
Truepill had been the preferred pharmacy for troubled telehealth startup Cerebral, which is under federal investigation for its prescribing practices.
The digital pharmacy has raised more than $255 million from funders including Optum Ventures.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
