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✓ Published: 21-May-2024
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✓ Published: 21-May-2024
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Hims and Hers , to Offer Weight Loss Injections.<br/>GLP-1 medications like Ozempic and Wegovy have become increasingly popular.<br/>However, the market has faced some supply constraints recently because of that popularity.<br/>On May 20, Hims & Hers Health announced that it will be providing access to compounded GLP-1 weight loss injections, CNBC reports. .<br/>Company shares jumped over 30% <br/>following the announcement.<br/>Compounded versions of medications are created <br/>by certain manufacturers who meet FDA requirements when there are medication shortages.<br/>However, the products are not tested <br/>for safety and efficacy by the FDA.<br/>The new offering of compounded GLP-1 medications can be accessed by getting a prescription from a health care provider on the Hims & Hers site.<br/>Branded GLP-1 injections will be made available <br/>once the supply becomes more consistent.<br/>The price for compounded injections will <br/>start at $199 per month, CNBC reports. .<br/>Prior to announcing its GLP-1 offerings, <br/>Hims & Hers revealed in an earnings report...<br/>... that it anticipates its weight loss <br/>program to garner over $100 million <br/>worth of revenue by December 2025.<br/>Hims & Hers CEO Andrew Dudum said that he is \
Hims and Hers , to Offer Weight Loss Injections.<br/>GLP-1 medications like Ozempic and Wegovy have become increasingly popular.<br/>However, the market has faced some supply constraints recently because of that popularity.<br/>On May 20, Hims & Hers Health announced that it will be providing access to compounded GLP-1 weight loss injections, CNBC reports. .<br/>Company shares jumped over 30% <br/>following the announcement.<br/>Compounded versions of medications are created <br/>by certain manufacturers who meet FDA requirements when there are medication shortages.<br/>However, the products are not tested <br/>for safety and efficacy by the FDA.<br/>The new offering of compounded GLP-1 medications can be accessed by getting a prescription from a health care provider on the Hims & Hers site.<br/>Branded GLP-1 injections will be made available <br/>once the supply becomes more consistent.<br/>The price for compounded injections will <br/>start at $199 per month, CNBC reports. .<br/>Prior to announcing its GLP-1 offerings, <br/>Hims & Hers revealed in an earnings report...<br/>... that it anticipates its weight loss <br/>program to garner over $100 million <br/>worth of revenue by December 2025.<br/>Hims & Hers CEO Andrew Dudum said that he is \
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