STAT+: Hims to buy Eucalyptus as it looks to expand globally

STAT News · Feb 19, 2026 · Collected from RSS

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Andrew Joseph covers health, medicine, and the biopharma industry in Europe. You can reach Andrew on Signal at drewqjoseph.71.LONDON — The telehelath platform Hims & Hers is looking to expand internationally, announcing Thursday that it was buying the Australian digital health company Eucalyptus. Hims framed the deal, which includes a $240 million upfront cash payment, as one that would allow it to make further inroads in the U.K., Germany, and Canada and move into Australia and Japan. The total value of the acquisition could reach $1.15 billion if the pact hits certain financial targets over the next several years. The deal is expected to close in the middle of the year. Hims, which in the U.S. offers patients everything from compounded obesity drugs to, as of this month, a cancer screening test, said buying Eucalyptus would expand its personalized offerings to more customers globally. STAT+ Exclusive Story Already have an account? Log in This article is exclusive to STAT+ subscribers Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. Already have an account? Log in View All Plans To read the rest of this story subscribe to STAT+. Subscribe