Business5 sources
Eli Lilly partners with Hims & Hers to sell weight-loss drugs
- Eli Lilly's weight-loss drug Zepbound is a significant growth driver for the company.
- Hims & Hers will not compound GLP-1 medications like Zepbound in the future.
- Eli Lilly's stock price increased by about 6% following the announcement.
- Hims & Hers' stock rallied due to the agreement with Eli Lilly.
- The partnership aims to reach more weight-loss drug patients.
Timeline
Lilly to sell obesity drugs on Hims & Hers site
Eli Lilly announced it will sell its obesity drugs directly on Hims & Hers' website.
Hims & Hers struck a GLP-1 deal with Lilly
Hims & Hers Health signed a deal with Eli Lilly to sell GLP-1 medications like Zepbound.
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Articles (6)
The Motley Fool·
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Eli Lilly Is Much More Than a Weight-Loss Drug Company. Here's the Evidence
MarketWatch·
Hims & Hers struck a GLP-1 deal with Lilly. Its stock is rallying.
Reuters·
Lilly to sell obesity drugs directly on Hims & Hers site
Bloomberg·
Lilly, Hims Join Forces to Reach More Weight-Loss Drug Patients
Barron's·
Why Hims & Hers Health Stock Was in Dire Need of This Eli Lilly Agreement