Hims & Hers Health Watchlist

tz-plus logo Pivotal-Point Tracking Hims & Hers Health (HIMS): Stock Fireworks After Novo Nordisk Deal and End of the [Patent Dispute!]

W. Zussner
Reading Time: 1 minute

Hims & Hers Health is a telemedicine platform that makes personalized treatments digitally accessible. On March 9th, we saw a massive surge of over 40% in the stock price after the company announced a partnership with the pharmaceutical giant Novo Nordisk. As part of this agreement, Novo Nordisk withdrew its patent infringement lawsuit. HIMS will now sell the original products Wegovy and Ozempic directly through its platform. This move ends regulatory uncertainties surrounding previously sold generic products and gives HIMS legal access to the...

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