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Hims & Hers launches copy of Wegovy pill, prompting legal threats from drugmaker Novo Nordisk
ABC News· 2026-02-05 19:02
Telehealth company Hims & Hers is launching a cheaper, off-brand version of the blockbuster weight loss pill WegovyFILE - This photo shows Novo Nordisk headquarters in Bagsvaerd, Denmark, on Feb. 5, 2025. (Mads Claus Rasmussen/Ritzau Scanpix via AP, File)WASHINGTON -- Telehealth company Hims & Hers said Thursday it will launch a cheaper, off-brand version of the weight-loss pill Wegovy, just weeks after drugmaker Novo Nordisk launched its highly anticipated reformulation of the blockbuster medication.The an ...
Hims & Hers Launches Compounded Version Of Wegovy, Novo Nordisk Threatens Legal Action
Benzinga· 2026-02-05 17:51
Starting today, eligible customers can access treatment plans that include Compounded Semaglutide Pills at a special introductory offer starting at just $49 for the first month.The new Compounded Semaglutide Pill is formulated to protect the active ingredient during digestion and to support absorption.In 2025, Hims & Hers doubled its facility footprint to over one million square feet, integrating advanced pharmacy capabilities, lab testing, and R&D space.Hims & Hers said it adheres to all applicable federal ...
Hims Launches Oral Wegovy Knockoff, But The FDA Could Prove To Be A Problem
Investors· 2026-02-06 00:52
Hims Stock Slides After Launching Oral Wegovy Knockoff; Novo, Lilly Tumble | Investor's Business DailySPECIAL REPORT: [Find The Online Broker That Best Fits Your Needs]---Hims & Hers Health (HIMS) launched a compounded version of Novo Nordisk's (NVO) already popular weight-loss pill on Thursday. But Hims stock reversed its early gains, while Novo and Eli Lilly (LLY) continued falling. The compounded pill will cost just $49 for the first month, roughly $100 less than what Novo Nordisk is charging for its ora ...
Novo Nordisk Accuses Hims & Hers of ‘Illegal Mass Compounding' Over Cheaper Wegovy Version
WSJ· 2026-02-05 17:30
Hims & Hers said it would begin offering copies of Wegovy for an introductory price of $49 for the first month with a five-month plan. ...
Novo Nordisk CEO: Hims' $49 compounded Wegovy pill a 'waste' of money
Reuters· 2026-02-05 16:38
Novo Nordisk CEO Mike Doustdar was in a meeting with investors on Thursday discussing the company's tough recent outlook when one interrupted him with shock news: U.S. telehealth firm Hims and Hers He... ...
Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
Reuters· 2026-02-05 16:11
Novo Nordisk said on Thursday it would take legal action against Hims & Hers after the online telehealth company said it will begin offering compounded copies of the Danish group's Wegovy pill at an i... ...
Why Eli Lilly Stock Just Dropped
Yahoo Finance· 2026-02-05 16:08
Core Insights - Eli Lilly reported Q4 earnings that exceeded analyst expectations, with a profit of $7.54 per share on sales of $19.3 billion, compared to forecasts of $6.93 per share on $17.9 billion in sales [1] - Despite strong earnings, Eli Lilly's stock fell 6% due to competitive pressures from Hims & Hers Health, which announced a new "needle-free" GLP-1 weight loss pill [1][3] Group 1: Eli Lilly's Performance - Eli Lilly's Q4 earnings beat expectations, forecasting full-year 2026 earnings between $33.50 and $35 per share [1] - The company achieved significant sales driven by injectable GLP-1 weight loss drugs Mounjaro and Zepbound in 2025 [2] Group 2: Competitive Landscape - Hims & Hers Health introduced a compounded semaglutide pill priced at $49 for the first month, which is significantly lower than Eli Lilly's Zepbound price of $299 for the lowest-dose formulation [3][4] - Hims & Hers plans to increase the price of its GLP-1 pill to $99 per month after the introductory period, but it remains competitive compared to Novo Nordisk's pricing [4][5] - Novo Nordisk offers its injectable Wegovy at $199 and its pill form at $149, indicating a competitive pricing environment for GLP-1 drugs [4]
Hims & Hers launch of compounded $49 Wegovy pill pummels Novo Nordisk's shares
MarketWatch· 2026-02-05 15:56
The compounded pill is less expensive than the oral version of Wegovy, which costs $149 to get started. ...
VIEW Hims and Hers Health's compounded Wegovy pill offering fuels market jitters
Reuters· 2026-02-05 15:06
Hims & Hers said it would begin offering compounded versions of Novo Nordisk's Wegovy pill at an introductory price of $49 per month. ...
Novo Nordisk and Eli Lilly fall after Hims & Hers announce $49 copy of Wegovy pill
CNBC· 2026-02-05 14:36
Weight-loss drugmakers Eli Lilly and Novo Nordisk fell after telehealth company Hims & Hers announced Thursday it will offer a copy of the newly launched Wegovy pill for $49, far less than the $149 Novo sells the branded pill for.Copenhagen-listed shares of Novo dropped 7% on the news, while Eli Lilly stock fell 6.1% shortly after the opening bell.Hims & Hers stock soared 10%.Novo launched the Wegovy pill in the U.S. early January and CEO Mike Doustdar told CNBC on Wednesday that 170,000 people were already ...