Novo Nordisk Initiates Lawsuit Against Hims as Regulators Scrutinize Compounded GLP-1 Drugs

Deep News
Feb 12

Novo Nordisk A/S (NVO) shares rose 1% in early trading on Thursday. The company has filed a lawsuit seeking to block Hims & Hers Health Inc. (HIMS) from selling compounded semaglutide. This legal action comes just days after the U.S. Food and Drug Administration and the Department of Health and Human Services indicated that enforcement measures would be taken. Hims has suspended the supply of its oral formulation, and its stock fell 1.5% in early trading on Thursday.

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