NYSE:HIMSHealthcare
Hims And Hers Weight Loss Push Faces Novo Nordisk Legal Challenge
Hims & Hers Health launched a compounded oral semaglutide pill as a low cost alternative to a major weight loss drug.
Novo Nordisk responded by accusing the company of illegal mass compounding and threatened legal and regulatory action.
The dispute centers on patient safety, intellectual property, and how compounded GLP 1 weight loss drugs are marketed and sold.
Hims & Hers Health (NYSE:HIMS), trading at $24.4, is moving aggressively into the weight loss drug category, a high profile area...