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Hims & Hers Introduces Wegovy Alternative; Novo Nordisk Threatens Lawsuit
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Hims & Hers Launches Cheaper Wegovy Knockoff Pill; Novo Nordisk Vows Legal Action
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CNBC TV18
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06-02-2026, 15:04
Hims & Hers Launches Cheaper Wegovy Knockoff Pill; Novo Nordisk Vows Legal Action
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Telehealth company Hims & Hers announced a cheaper, off-brand version of the weight-loss pill Wegovy.
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Novo Nordisk, maker of Wegovy, vowed to sue Hims, calling the product an "unapproved, inauthentic, and untested knockoff."
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Hims' compounded pill will cost $49 for the first month, then $99 monthly, significantly less than Novo's $149.
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Despite FDA warnings, Hims has sold compounded versions due to their status as customized medications not subject to strict federal regulations.
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Novo Nordisk's shares fell over 8% following Hims' announcement.
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