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Novo Nordisk Drops Lawsuit, Hims & Hers Launches Ozempic and Wegovy

3/9/2026

44 6 Full Breakdown

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Story summary
  • Novo Nordisk dropped patent infringement lawsuit against Hims & Hers, enabling telehealth provider to sell Ozempic and Wegovy.
  • Hims will offer oral and injectable versions starting later this month.
  • The agreement followed Hims' plan to launch a cheaper version of Wegovy, which prompted Novo Nordisk to sue.
  • Hims agreed to stop advertising compounded GLP-1 drugs.
  • Hims shares rose over 40% after the announcement and Novo retains the option to refile.
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