Nov 4 (Reuters) - Telehealth firm Hims & Hers Health ( HIMS )
said on Monday it plans to bring a generic version of
Novo Nordisk's diabetes drug, liraglutide, to its
platform in 2025.
"We have already confirmed a core supplier for this addition
and over the next few months expect to finish completing test
and batch validation, as well as confirming certificates of
analysis," the company said.
Liraglutide, used to treat type 2 diabetes under the brand
name Victoza, belongs to the first generation of drugs known as
GLP-1 agonists, which curb appetite and help control blood
sugar.
It results in less weight loss on average than Novo's newer
in-demand Wegovy, which launched in 2020 and was approved in
2022 for adolescents aged 12 and older.
Hims & Hers currently offers compounded GLP-1 weight-loss
injections at $199 per month and weight management oral
medication kits at $79 per month.
Soaring demand for weight-loss drugs such as Wegovy and Eli
Lilly's ( LLY ) Zepbound, which are capable of helping patients
lose up to 20% of their weight on average, has led to shortages
that allowed drug compounders to produce them under U.S.
regulations.
Federal regulations allow compounded versions to be sold to
meet demand if a drug is in shortage. Outside of a shortage,
compounders cannot make the drugs "regularly or in inordinate
amounts."