Hims & Hers Stock Surges on Report Novo Nordisk Will Return to Sell Wegovy on Its Platform
Hims & Hers Health shares jumped premarket Monday after reports that Novo Nordisk will sell weight-loss drugs through its platform, with an announcement expected the same day. The move follows a recent patent dispute and comes as the FDA increases scrutiny of compounded GLP-1 drugs. Hims previously pulled a compounded Wegovy pill after FDA threats and a Novo lawsuit. The companies had partnered before but split last June over marketing concerns.