Novo Nordisk and Eli Lilly fell after Hims & Hers said it will offer a copy of the Wegovy pill for $49, far less than the $149 Novo sells the branded pill for.

Novo Nordisk and Eli Lilly fell after Hims & Hers said it will offer a copy of the Wegovy pill for $49, far less than the $149 Novo sells the branded pill for.

La pastilla de administración diaria contiene el mismo principio activo que el medicamento estrella de la farmacéutica danesa

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

Hims & Hers stock fall to a 12-month low after Novo said it's $49 Wegovy pill copy was "illegal"

The FDA said on Friday it plans to restrict GLP-1 ingredients used in non-approved compounded drugs from companies like Hims & Hers.

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

Hims & Hers on Saturday announced it would stop offering its copycat of the weight-loss pill Wegovy after threats of legal action.

The announcement comes a day after the US Food and Drug Administration said it was cracking down on copycat weight-loss treatments.