Novo Nordisk shares rise; Hims & Hers launches copycat diet pill


Novo Nordisk Shares rose 8% on Monday his and hers Said it would withdraw generic weight-loss drugs from the market.

Wegovy maker Novo Nordisk and the U.S. Food and Drug Administration threaten legal action It competes with Hims & Hers, which announced over the weekend that it would not sell the pill.

“Since launching semaglutide on our platform, we have had constructive conversations with stakeholders across the industry,” Hims & Hers release Saturday on social media.

“As a result, we have decided to cease offering this treatment. We remain committed to serving the millions of Americans who rely on us for safe, affordable and personalized care.”

This is a breaking news story. Please refresh for updates.



Source link

  • Related Posts

    2026 Olympics: Canadians go for slopestyle, speed skating gold

    What’s going on at the Olympics today Good morning, I’m Verity Stevenson — a writer from Montreal. It’s only the third day of the 2026 Milano-Cortina Olympic Games, and a…

    Novo Nordisk sues Hims & Hers over compounded obesity drug

    The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark on February 4, 2026. Tom Little | Reuters Novo Nordisk said Monday…

    Leave a Reply

    Your email address will not be published. Required fields are marked *