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Hims & Hers Forms Key Partnership with Novo Nordisk, Boosts Weight Loss Revenue Prospects
ByAinvest
Tuesday, Apr 29, 2025 10:21 am ET1min read
Hims & Hers Health has formed a key partnership with Novo Nordisk to offer Wegovy at a bundled price of $599 monthly. This alliance positively impacts Hims' stock, addressing investor concerns about the company's ability to achieve its fiscal 2025 weight loss revenue goal of $725 million. The collaboration enhances financial stability and decreases dependency on the 503A personalization exemption post-shortage. HIMS shares saw a notable increase of 23% to $35.19 in early trading.
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