financetom
Business
financetom
/
Business
/
Update: Novo Nordisk Partners With Hims to Sell Wegovy at Reduced Price; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Novo Nordisk Partners With Hims to Sell Wegovy at Reduced Price; Shares Rise
May 25, 2025 9:04 PM

01:09 PM EDT, 04/29/2025 (MT Newswires) -- (Updates with stock price movement in the headline and second paragraph)

Novo Nordisk A/S ( NVO ) and Hims & Hers Health ( HIMS ) partnered to enable US consumers to access NovoCare pharmacy directly through the Hims platform with a bundled offering of all dose strengths of Wegovy and a Hims membership for $599 a month, the companies said Tuesday.

Hims shares jumped 26% in recent Tuesday trading, and Novo Nordisk ( NVO ) rose 3.6%.

Price: 64.89, Change: +2.27, Percent Change: +3.63

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 >
Brookfield Renewable to Raise Equity Interest in Isagen
Brookfield Renewable to Raise Equity Interest in Isagen
Jul 18, 2025
05:00 PM EDT, 07/18/2025 (MT Newswires) -- Brookfield Renewable Partners ( BEP ) said late Friday it plans to invest up to $1 billion to raise its equity stake in Isagen to about 38%. As part of the transaction, the Qatar Investment Authority, an existing co-investor in Isagen, will invest about $500 million to increase its stake to around 15%....
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Quanterix to Shed Executives at Newly Acquired Subsidiary in Cost-Saving Plan
Quanterix to Shed Executives at Newly Acquired Subsidiary in Cost-Saving Plan
Jul 18, 2025
05:06 PM EDT, 07/18/2025 (MT Newswires) -- Quanterix ( QTRX ) is shedding several executives at its newly acquired subsidiary, Akoya Biosciences, as part of a cost-saving initiative expected to generate $2.8 million in annualized cash savings. Severance-related expenses will be $3.3 million, the company said Friday in a regulatory filing. Quanterix ( QTRX ) shares rose 5.4% in after-hours...
Bowen Acquisition Gets Delisting Notice From Nasdaq
Bowen Acquisition Gets Delisting Notice From Nasdaq
Jul 18, 2025
05:05 PM EDT, 07/18/2025 (MT Newswires) -- Bowen Acquisition ( BOWN ) said late Friday it has received a delisting determination letter from Nasdaq for failing to comply with listing requirements, including a market value of at least $50 million for 30 consecutive trading days. Unless an appeal request is made by July 22, trading of its securities will be...
Copyright 2023-2026 - www.financetom.com All Rights Reserved