⁍ GoodRx was valued at $2.8 billion in 2018 when private equity firm Silver Lake invested in the company.

---

⁍ The listing could come later this year or early in 2021, one of the sources said.

---

⁍ GoodRx gathers information for more than 70,000 U.S. pharmacies to track drug prices.

---

– Online prescription drug price marketplace GoodRx Inc has submitted paperwork with the US Securities and Exchange Commission for a potential initial public offering, sources tell Reuters. GoodRx, which was valued at $2.8 billion in 2018 when private equity firm Silver Lake invested in the company, is in the process of hiring advisers for the IPO, the sources said, requesting anonymity because the preparations are confidential. The listing could come later this year or early in 2021, one of the sources added, noting that the plans were subject to market conditions. GoodRx gathers information for more than 70,000 US pharmacies to track drug prices and offer coupons to consumers for discounts. It makes money by charging fees to partnering pharmacy benefits managers. The Santa Monica, California-based company’s website is used by more than 10 million Americans every month, according to GoodRx. Last year, it expanded into telemedicine by acquiring HeyDoctor LLC.