Citi

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Last mentioned: 6d ago

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Telehealth Bullish

Hims & Hers Surges 41% on Landmark GLP-1 Distribution Deal with Novo Nordisk

Hims & Hers Health has secured a strategic partnership with Novo Nordisk to distribute branded GLP-1 medications, effectively ending a high-stakes patent dispute. The deal marks a pivotal shift for the telehealth provider from compounded alternatives to FDA-approved Ozempic, triggering a massive 41% rally in its share price.

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