Novo Nordisk ends Hims & Hers tie-up over copycat Wegovy drugs
Shares in two companies slide as Danish drugmaker accuses US telehealth group of deceptively marketing replica treatments
Shares in two companies slide as Danish drugmaker accuses US telehealth group of deceptively marketing replica treatments

Shares in US company fall 16% after FDA announces investigation into unregulated medication

US telehealth group and Danish drugmaker have been in dispute over copycat medicines

Novo Nordisk had accused the telehealth company of breaching its patent on Wegovy

US telehealth group will sell product for $49 a month, a third that of its Danish competitor

Danish group’s challenges mount despite winning reprieve after Hims & Hers withdraws plan to sell copycat Wegovy pill

Share slide wipes more than €60bn off value of Danish maker of Ozempic and Wegovy