Feb 5 (Reuters) – Hims & Hers said it would begin offering compounded versions of Novo Nordisk’s Wegovy pill at an introductory price of $49 per month.<\/p>\n
The \u200bcompany said the offering would be guided by clinical recommendations for personalized \u200ctreatment, mirroring the approach it had taken with compounded injectable weight-loss drugs.<\/p>\n
Shares of Novo and rival Eli \u200cLilly dropped after the launch announcement over concerns on how companies will protect margins as lower-cost alternatives emerge.<\/p>\n
Below are some reactions to the announcement:<\/p>\n
Karen Andersen, analyst at Morningstar<\/p>\n
“If Hims is allowed to proceed with this launch, I’m not sure why they won’t just \u2060launch compounded orforglipron once Lilly \u200creceives approval for that (expected in the second quarter), or really any new drug, for that matter. Either the laws protecting branded drugs \u200daren’t clear enough, or they aren’t being enforced, or both.”<\/p>\n
“I know one area that Hims focuses on is patients who want to take very low doses of semaglutide. This lessens the \u200bproduction capacity that is required, but for the pill, you need a much \u200chigher dose to be effective, even if you have the SNAC technology. So I’m not sure they would have the capacity to be a meaningful player here, assuming they are selling at a dose that is effective.”<\/p>\n
Michael Cherny, analyst, Leerink Partners<\/p>\n
“The compounded semaglutide pill is an extremely logical new product offering given the existing platform within \u2060weight loss and expected demand from available oral \u200bGLP-1s… there is no reason why Hims shouldn’t \u200bevaluate these launches for every subsequent weight-loss product as the market continues to evolve, even if the company has not historically focused on \u200dtirzepatide.”<\/p>\n
Christian Moore, HC specialist \u2060at Bernstein<\/p>\n
“The Reuters report is spooking both companies and investors questioning the legality of this vs the viability of it.”<\/p>\n
Moore said the timing of the Hims \u2060announcement, coming shortly after Novo and Lilly earnings and outlooks isn’t ideal, and gives the market \u200cyet another thing to worry about.<\/p>\n
(Reporting by Mariam Sunny, Christy Santhosh, Mrinalika \u200cRoy in Bengaluru; Editing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"Feb 5 (Reuters) – Hims & Hers said it would begin offering compounded versions of Novo Nordisk’s Wegovy…\n","protected":false},"author":2,"featured_media":282616,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[136436,136435,12250,103,136388,61,136387,60,371,10416],"class_list":{"0":"post-282615","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-medication","8":"tag-christian-moore","9":"tag-clinical-recommendations","10":"tag-eli-lilly","11":"tag-health","12":"tag-hims","13":"tag-ie","14":"tag-introductory-price","15":"tag-ireland","16":"tag-medication","17":"tag-novo-nordisk"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/282615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=282615"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/282615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/282616"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=282615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=282615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=282615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}