financetom
Business
financetom
/
Business
/
Novo Nordisk expands lawsuits against weight-loss drug compounders
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novo Nordisk expands lawsuits against weight-loss drug compounders
Aug 5, 2025 12:12 PM

Aug 5 (Reuters) - Danish drugmaker Novo Nordisk

said on Tuesday it has filed 14 new lawsuits in the

United States against the sale of unapproved versions of

semaglutide, the main ingredient in its popular weight-loss and

diabetes drugs, Wegovy and Ozempic.

The new lawsuits target pharmacies and telehealth companies

producing compounded versions of semaglutide "under the fake

guise of personalization", Novo said, without naming the

companies.

Shares of major telehealth firm Hims & Hers

extended losses to fall nearly 13% in afternoon trade. It had

earlier reported weaker-than-expected quarterly revenue.

A Reuters search of legal filings found some cases filed by

Novo in California dated Aug. 4 but none regarding San

Francisco-based Hims.

Hims was not immediately available for comment.

Compounders copy brand-name medicines that are in short

supply by combining, mixing or altering drug ingredients to meet

demand.

These companies were briefly allowed to produce hundreds of

thousands of compounded doses of Novo's obesity and diabetes

drugs when the Food and Drug Administration said they were in

short supply.

When the agency later banned the sale of these copies,

Hims and Hers shifted to creating versions of semaglutide in

personalized doses not accessible through the branded

manufacturers.

Novo's lawsuits allege that telehealth providers violate

state corporate practice of medicine laws by improperly

influencing doctors' decisions and steering patients toward

knockoff compounded "semaglutide" under the guise of

personalized medicine.

In reality, these are knockoffs that have not been

approved as safe and effective and are often made with illicit

foreign active pharmaceutical ingredients (API), Novo said.

It did not immediately respond to a Reuters query on

which companies were being named in the lawsuit.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Borealis Foods' Board Approves $3 Million Share Buyback Plan
Borealis Foods' Board Approves $3 Million Share Buyback Plan
Jun 6, 2024
12:11 PM EDT, 06/06/2024 (MT Newswires) -- Borealis Foods ( BRLS ) said Thursday that its board has authorized a $3 million stock buyback program, with an expiration date of May 30, 2025. The program is expected to be funded using cash on hand and from operations, the company said. Shares of Borealis Foods ( BRLS ) were 1.3% lower...
Dolby Laboratories To Acquire GE Licensing In $429M Cash Deal: Strengthens Patent Portfolio
Dolby Laboratories To Acquire GE Licensing In $429M Cash Deal: Strengthens Patent Portfolio
Jun 6, 2024
Dolby Laboratories, Inc. ( DLB ) , known for its entertainment services, announced a definitive agreement to acquire GE Aerospace’s GE Licensing, which specializes in intellectual property licensing in the consumer digital media and electronics sectors. Dolby Laboratories ( DLB ) will acquire GE Licensing in a $429 million all-cash transaction, expected to close by the end of fiscal year...
Saudi says OPEC+ can pause or reverse oil output boost, criticises Goldman Sachs
Saudi says OPEC+ can pause or reverse oil output boost, criticises Goldman Sachs
Jun 6, 2024
* Saudi energy minister says Goldman created bearish narrative * Russia says OPEC+ ready to adjust the deal * OPEC SecGen says oil demand is good (Releads with Saudi minister comments) By Vladimir Soldatkin and Olesya Astakhova ST PETERSBURG, June 6 (Reuters) - OPEC+ can pause or reverse oil production increases if the market weakens, the Saudi energy minister said...
Vanda Pharmaceuticals Receives Another Takeover Proposal, Considers $466M Deal
Vanda Pharmaceuticals Receives Another Takeover Proposal, Considers $466M Deal
Jun 6, 2024
Vanda Pharmaceuticals Inc ( VNDA ). received an acquisition offer from Cycle Pharmaceuticals Ltd worth $8 per share, representing a total cash consideration of $466 million. Cycle Pharmaceuticals, founded in 2012, focuses on rare metabolic, immunological, and neurological genetic conditions. Within neurological conditions, Cycle focuses on multiple sclerosis. In May, Cycle launched its sixth drug product in the U.S. market....
Copyright 2023-2026 - www.financetom.com All Rights Reserved