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Ishita Roy

Cheaper Copy Of Wegovy Pill By Hims & Hers Now Available For $49, Novo Nordisk Says It Will Take Legal Actions

<span>Cheaper copy of Wegovy</span> by <span>Hims</span> &amp; Hers for $49 has drawn tensions, with Novo Nordisk now approaching to take legal actions. The pill by Novo Nordisk is sold for $149. In a statement, Novo said, "The action by Hims &amp; Hers is illegal mass compounding that poses a significant risk to patient safety. Novo Nordisk confirmed that the company will take legal and regulatory actions to protect patients. 

“Novo Nordisk will take legal and regulatory action to protect patients, our intellectual property and the integrity of the US gold-standard drug approval framework. This is another example of Hims &amp; Hers’ historic behaviour of duping the American public with knock-off GLP-1 products, and the FDA has previously warned them about their deceptive advertising of GLP-1 knock-offs,” the statement said.

Read: <a href="https://www.healthandme.com/health-wellness/wegovy-pills-now-available-at-your-pharmacies-heres-what-to-know-about-its-usage-article-153401682" data-type="tilCustomLink">Wegovy Pills Now Available At Your Pharmacies, Here's What To Know About Its Usage</a>

<h2>Cheaper Copy Of <span rel="noindex">Wegovy</span> Pill: What Unveiled Afterwards?</h2>

After the cheaper copy of the pill was launched by Hims &amp; Hers, shares of Novo Nordisk and rival Eli Lilly fell by 7%. Whereas, stock for Hims &amp; Hers initially spiked after the announcement, but pared gains after Novo said that it would fight the rollout. 

Hims &amp; Hers was previously offering compounded semaglutide, the active ingredient in Novo Nordisk's popular weight loss drug Ozempic and Wegovy, in injectable format. The company has now extended to offer the oral version. 

<h2>Cheaper Copy Of Wegovy Pill: How Much Does This Cost?</h2>

Hims &amp; Hers said that the Wegovy copy pill cost $49 for the first month and $99 with a 5-month plan. While semaglutide's patent is protected in the US until 2032, however, Hims &amp; Hers claim that the copies are 'personalized' and therefore legal.

“This compounded product uses a different formulation and delivery system than FDA-approved oral semaglutide,” Hims &amp; Hers said. “This once-a-day pill has the same active ingredient as Wegovy and empowers providers to tailor treatment plans specifically for those who prefer to avoid needles or need smaller doses to help to balance side-effects,” it said.

<h2>Cheaper Copy of Wegovy Pill: Novo Nordisk Rejects Hims &amp; Hers Claims</h2>

Novo Nordisk however, highlighted that it manufactures Wegovy pill by using SNAC technology. This technology helps in absorption when administered orally. Therefore, it is not clear how Hims &amp; Hers copy formula could match that level of absorption. 

Last year, Novo Nordisk and Hims &amp; Hers partnered to offer weight loss jabs at a discounted price to telehealth company's customer. However, Novo Nordisk ended the collaboration just two months later, stating that Hims &amp; Hers used 'deceptive' marketing that put patient safety at risk 

<h2>Cheaper Copy of Wegovy Pill: Does Eli Lilly Have A <span rel="noindex">Weight Loss Pill</span> Yet?</h2>

While rival Eli Lilly does not have the weight loss pill yet, it is expected to launch orforglipron in the first half of this year. The pill is currently pending Food and Drug Administration approval.

Read: <a href="https://www.healthandme.com/health-news/eli-lilly-sends-weight-loss-pill-for-approval-is-oral-glp-1-as-effective-as-the-injections-article-152530432" data-type="tilCustomLink">Eli Lilly Sends Weight-Loss Pill For Approval: Is Oral GLP-1 As Effective As The Injections?</a> 

“With the ... current legal backdrop, there is no reason why HIMS shouldn’t evaluate these launches for every subsequent weight loss product as the market continues to evolve,” Leerink analyst Michael Cherny said in a note to clients.

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Cheaper copy of Wegovy by Hims & Hers for $49 has drawn tensions, with Novo Nordisk now approaching to take legal actions. The pill by Novo Nordisk is sold for $149. In a statement, Novo said, "The action by Hims & Hers is illegal mass compounding that poses a significant risk to patient safety. Novo Nordisk confirmed that the company will take legal and regulatory actions to protect patients. “Novo Nordisk will take legal and regulatory action to protect patients, our intellectual property and the integrity of the US gold-standard drug approval framework. This is another example of Hims & Hers’ historic behaviour of duping the American public with knock-off GLP-1 products, and the FDA has previously warned them about their deceptive advertising of GLP-1 knock-offs,” the statement said.Read: Wegovy Pills Now Available At Your Pharmacies, Here's What To Know About Its UsageCheaper Copy Of Wegovy Pill: What Unveiled Afterwards?After the cheaper copy of the pill was launched by Hims & Hers, shares of Novo Nordisk and rival Eli Lilly fell by 7%. Whereas, stock for Hims & Hers initially spiked after the announcement, but pared gains after Novo said that it would fight the rollout. Hims & Hers was previously offering compounded semaglutide, the active ingredient in Novo Nordisk's popular weight loss drug Ozempic and Wegovy, in injectable format. The company has now extended to offer the oral version. Cheaper Copy Of Wegovy Pill: How Much Does This Cost?Hims & Hers said that the Wegovy copy pill cost $49 for the first month and $99 with a 5-month plan. While semaglutide's patent is protected in the US until 2032, however, Hims & Hers claim that the copies are 'personalized' and therefore legal.“This compounded product uses a different formulation and delivery system than FDA-approved oral semaglutide,” Hims & Hers said. “This once-a-day pill has the same active ingredient as Wegovy and empowers providers to tailor treatment plans specifically for those who prefer to avoid needles or need smaller doses to help to balance side-effects,” it said.Cheaper Copy of Wegovy Pill: Novo Nordisk Rejects Hims & Hers ClaimsNovo Nordisk however, highlighted that it manufactures Wegovy pill by using SNAC technology. This technology helps in absorption when administered orally. Therefore, it is not clear how Hims & Hers copy formula could match that level of absorption. Last year, Novo Nordisk and Hims & Hers partnered to offer weight loss jabs at a discounted price to telehealth company's customer. However, Novo Nordisk ended the collaboration just two months later, stating that Hims & Hers used 'deceptive' marketing that put patient safety at risk Cheaper Copy of Wegovy Pill: Does Eli Lilly Have A Weight Loss Pill Yet?While rival Eli Lilly does not have the weight loss pill yet, it is expected to launch orforglipron in the first half of this year. The pill is currently pending Food and Drug Administration approval.Read: Eli Lilly Sends Weight-Loss Pill For Approval: Is Oral GLP-1 As Effective As The Injections? “With the ... current legal backdrop, there is no reason why HIMS shouldn’t evaluate these launches for every subsequent weight loss product as the market continues to evolve,” Leerink analyst Michael Cherny said in a note to clients.

cheaper copy of wegovy pill by hims & hers now available for $49, novo nordisk says it will take legal actions

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