Novo Nordisk Ends Hims & Hers Deal Over Wegovy Copycats, Triggering 28% Stock Drop

Novo Nordisk Ends Hims & Hers Deal Over Wegovy Copycats, Triggering 28% Stock Drop

In a sharp turn of events for the booming weight-loss drug market, Novo Nordisk has terminated its partnership with Hims & Hers Health Inc., citing the company’s involvement in distributing compounded versions of its blockbuster GLP-1 drug, Wegovy. The news sent HIMS stock tumbling more than 28% in a single trading day, raising serious questions […]

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