Cadence OTC
Condoms can be bought over-the-counter, but The Pill can't. We're changing that.
https://wefunder.com/cadenceotc
Total raised on Wefunder: 750188
Total investors: 352
Quick facts
- Leading the Rx-to-OTC switch for The Pill to be sold without a prescription
- Late stages of FDA approval to bring OTC birth control to market, with 3 years of market exclusivity
- Already in market with 1st Morning After Pill in convenience stores - $3M revenue run rate (year 1)
- Exclusive partnership with #1 distributor of healthcare products in 150K+ convenience stores
- In 10+ retail chains including 7-Eleven, XtraMart, Jiffy Mart
- Acquired the rights to three of the most popular oral contraceptive formulations from a major pharma
- Team from Berkeley, Cambridge, Stanford, Yale & top brands like Flonase, OneTouch, & Herbal Essences
- $36M in capital raised to date, backed by SEDF, RH Capital, Elizabeth Banks, Disney family
Investor memo sources
- Jennifer Justice: https://uploads.wefunder.com/uploads/remote_files/820031-a6RhKaDqjRcRyJlxlk16rw58/Cadence_OTC_Investment_Memo.pdf (not paid for by company)