Eli Lilly Partners With Hims & Hers for Direct Weight-Loss Drug Delivery
· 3 sources
Benzinga and BigGo Finance report Eli Lilly is teaming up with telehealth company Hims & Hers to deliver weight-loss drugs directly to patients.
What happened
Benzinga reports that telehealth company Hims & Hers has partnered with Eli Lilly to offer direct delivery of weight-loss drugs. BigGo Finance also reports the tie-up, describing it as Lilly teaming up with the Hims platform.
BigGo Finance frames the deal as part of a growing battle over cash-pay channels for weight-loss medicines. The sources provided do not give financial terms or a launch timeline.
Separately, ad-hoc-news.de reports that Eli Lilly shares traded at 1,229.60 euros on Friday, below the previous Xetra close. The outlet's description links this to strong demand and deal-related charges.
Context
Telehealth platforms have become an increasingly visible route for patients to obtain prescription weight-loss treatments, and drugmakers have been exploring direct-to-patient sales options.
Why it matters
The partnership shows how Eli Lilly is working on direct-to-consumer distribution for its weight-loss drugs, a channel that may matter to both companies.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
$665.31Fair range: $511.11 to $866.04The price ($1,365.28) is 105.2% above that figure.
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50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $1,284.74 and $1,452.46; 9 in 10, between $1,152.32 and $1,619.36.
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