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

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.

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

Platform offers discounts for weight-loss and fertility medicines sold by Novo Nordisk, Eli Lilly and others

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

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

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

Novo Nordisk, the maker of the weight loss drug Wegovy, is suing Hims & Hers for selling a cheaper version of the drug, the company announced Monday.