BUZZ-Hims & Hers rises on partnership with Novo Nordisk to sell Wegovy on its platform

Reuters
04-29
BUZZ-Hims & Hers rises on partnership with Novo Nordisk to sell Wegovy on its platform

** Shares of Hims & Hers HIMS.N rise 43% to $40.73 premarket

** Novo Nordisk NOVOb.CO has partnered with the telehealth firm to sell its popular weight loss drug through a bundled offering on HIMS platform

** Starting this week, customers will get access to the offerings of all dose strengths of Wegovy and a membership at a price starting at $599 per month - HIMS

** HIMS says it will continue to offer personalized compounded versions of semaglutide, the active ingredient in Novo's Wegovy

** Earlier this month, HIMS said it plans to sell Eli Lilly's LLY.N Zepbound on its platform

** Up to last close, HIMS up 17.8% YTD

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com))

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