Novo Nordisk Ends Partnership with HIMS & HERS Stock Plunges
Novo Nordisk announced the termination of its partnership with HIMS & HERS due to concerns about formulated drug sales and misleading marketing, causing HIMS & HERS shares to plunge more than 18% premarket and widespread market attention. The cooperation involves the sale of weight loss drugs, which has dealt a major blow to the development of HIMS & HERS business.