BUZZ-Hims & Hers slides on warning it may stop compounded version of Wegovy

Reuters
02-25
BUZZ-Hims & Hers slides on warning it may stop compounded version of Wegovy

** Shares of telehealth firm Hims & Hers HIMS.N fall 19.22% to $41.45 premarket

** Co says may no longer be able to sell compounded versions of Novo Nordisk's NOVOb.CO weight-loss drug Wegovy, after US FDA removes it from shortage list

** Adds the move could lead to customers cancelling their subscriptions, affecting revenue

** Shares have risen 5 fold in the last 12 months

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

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