Hims & Hers Health introduced compounded versions of GLP-1 injectable drugs at prices approximately 85% lower than name-brand versions, with monthly costs starting at $199. The stock price surged by almost 37%.
GLP-1 drugs like Ozempic mimic the GLP-1 hormone to help in weight loss. Despite their efficacy, Ozempic is not FDA-approved for weight loss specifically.
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