09:39 AM EST, 02/19/2025 (MT Newswires) -- Hims & Hers Health ( HIMS ) said Wednesday it has acquired at-home lab testing provider Sigmund, or Trybe Labs, to allow the company to offer at-home blood testing.

Financial terms were not disclosed.

The company said it funded the purchase with cash on hand and expects to introduce at-home testing over the next year.

Shares of Hims & Hers were up more than 4% in early trading Wednesday.

Price: 60.95, Change: +2.45, Percent Change: +4.19