Hims & Hers ugly split with Wegovy maker weighs on the telehealth companys future
News Source : Yahoo Entertainment
News Summary
- Hims & Hers' shares took a dive Monday after its partnership with Novo Nordisk crumbled
- The Danish drugmaker abruptly ended its agreement to let Hims & Hers directly sell its popular weight-loss drug
- The messy split is the latest hurdle facing Hims, a platform where people subscribe to get help for hair loss, improve sex, lose weight and address other health problems
Hims & Hers stock price has swung wildly this year. The telehealth companys public feud with drugmaker Novo Nordisk knocked off a nearly a third of its valuation on Monday. On Friday, Hims & [+8124 chars]