Amazon's push into telehealth knocks shares of Hims & Hers [Yahoo! Finance Canada]
Novo Nordisk A/S (NVO)
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Source: Yahoo! Finance Canada
Similarly, Hims & Hers connects patients to licensed healthcare professionals through its online platform and offers treatments for a range of conditions. "Amazon's rollout appears to offer a similar idea of convenience at what appears to be a lower price point across the board. We don't know how successful it will be, but also note that this is a serious competitive threat being introduced to the market," said Leerink Partners analyst Michael Cherny. Customers can see both the prices for their telehealth consultation and medication from Amazon Pharmacy before moving forward with care, Amazon said. Given Amazon is offering much more compelling prices than Hims & Hers on most treatments, we do think this is a threat to Hims' core offering, said Citi analyst Daniel Grosslight. Shares of Hims & Hers have more than doubled this year after the company began offering compounded GLP-1 weight-loss injections, such as Novo Nordisk's Wegovy. Amazon's move makes Hims & Hers' strategy
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NVO
News
- Novo Nordisk's Wegovy launches in China, offering obesity drug at a fraction of US prices [Yahoo! Finance]Yahoo! Finance
- Eli Lilly and 2 More Drug Stocks to Buy After RFK-Inspired Drop [Yahoo! Finance]Yahoo! Finance
- Useless Europe is sleepwalking into oblivion [Yahoo! Finance]Yahoo! Finance
- Weight loss drug makers still have huge upside, and the market overreacted to RFK Jr. named to top health role, BMO says [Yahoo! Finance]Yahoo! Finance
- Weight loss drug makers still have huge upside, and the market overreacted to RFK Jr. named to top health role, BMO says [Business Insider]Business Insider
NVO
Earnings
- 11/7/24 - Beat
NVO
Sec Filings
- 11/19/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/14/24 - Form 6-K
- NVO's page on the SEC website