Hims & Hers, Novo End Dispute and Announce Collaboration on Wegovy and Ozempic

Date:

Boxes of Wegovy made by Novo Nordisk at a pharmacy in London, on March 8, 2024. Hollie Adams/ReutersNovo Nordisk and telehealth company Hims & Hers have ended their dispute over weight loss medications, the companies said on March 9 as they announced a new partnership.Novo is dropping a patent infringement lawsuit against Hims & Hers, the Denmark-based pharmaceutical company said in a statement. And Novo’s weight loss medications—Ozempic and Wegovy, both approved by the Food and Drug Administration—will be offered through Hims & Hers starting later this month under a new agreement between the firms.

spot_imgspot_imgspot_img

Share post:

More like this
Related

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...