
Hims & Hers Health, Inc. (HIMS)
Hims & Hers Health, Inc. is a telehealth company that offers a range of healthcare and wellness products and services. It provides virtual consultations, prescription medications, and over-the-counter wellness products across categories such as mental health, dermatology, sexual health, and primary care, aiming to improve access and convenience in healthcare delivery.
Company News
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The FDA issued a warning letter to Hims & Hers Health for making misleading claims about its compounded semaglutide products, suggesting they are equivalent to FDA-approved drugs like Ozempic and Wegovy. The company must respond within 15 days or face potential legal actions.
Pomerantz LLP filed a class action lawsuit against Hims & Hers Health, Inc. alleging securities fraud after Novo Nordisk terminated their partnership due to concerns about deceptive drug promotion and selling unauthorized compounded medications.
Hims & Hers Health, Inc. (HIMS) has seen a 45.8% stock price increase in the past three months, outperforming the industry and broader market. The company's recent announcements, including the addition of GLP-1 injections to its weight loss portfolio and positive 2024 revenue outlook, have contributed to the stock's upward momentum.