CNBC May 20, 2024
Ashley Capoot, Brandon Gomez

Key Points

– Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections.

– The GLP-1 market, dominated so far by pharmaceutical giant Novo Nordisk, has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.

– Hims & Hers CEO Andrew Dudum told CNBC that the company is “confident” customers will be able to access a consistent supply of the compounded medications.

Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday.

Shares of the company jumped more than 30% Monday morning.

The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction...

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Topics: Biotechnology, Digital Health, Pharma / Biotech, Technology, Telehealth
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