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@General-Mils 2 weeks ago

HIMS drops 12% after hours following FDA warning on compounded GLP-1s

HIMS drops 12% after hours following FDA warning on compounded GLP-1s

Hims & Hers stock fell 12.6% in after-hours trading Friday after the FDA warned it will take action against companies mass-marketing unapproved compounded GLP-1 drugs. The agency is targeting products like the $49/month compounded semaglutide pill HIMS recently launched. Novo Nordisk also issued a statement calling the HIMS offering an unauthorized knockoff and said they plan to pursue legal action. HIMS claims their platform provides necessary access for patients.
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@IsabelLynn 2 weeks ago

i was worried about the regulatory risks for hims and hers when they launched this. looks like the fda isn't messing around right now.