-+ 0.00%
-+ 0.00%
-+ 0.00%
Telehealth Giant Hims & Hers Partners with Eli Lilly for Direct Weight Loss Drug Delivery
Share
Listen to the news

On Friday, Eli Lilly And Co. (NYSE:LLY) and Hims & Hers Health Inc. (NYSE:HIMS) announced a collaboration to broaden patient access to obesity medications Zepbound and Foundayo through the digital health platform.

Under the new agreement, qualifying individuals who secure a prescription from a licensed health care clinician on the Hims & Hers telehealth network can obtain the therapies at standard self-pay rates without ever departing the platform.

Hims & Hers is scheduled to report its third-quarter earnings on Monday. Analysts estimate earnings of six cents per share and sales of $892.89 million, according to Benzinga Pro data.

Eli Lilly reported that in third-quarter U.S. Zepbound revenue jumped 48% to $5.3 billion, primarily driven by strong demand, partially offset by lower realized prices. Foundayo sales were $184 million.

Expanding Direct Telehealth Access to Weight Management

The partnership unites Lilly’s portfolio of obesity treatments with the extensive consumer platform at Hims & Hers.

Patients can easily complete a medical consultation, obtain a prescription whenever a clinician deems it medically suitable, and receive FDA-approved Lilly therapies delivered directly to their doorstep in a streamlined flow.

Self-pay pricing for the treatments begins at $149 per month for Foundayo, Lilly’s daily oral medication, while Zepbound starts at $299 per month.

Adults dealing with obesity increasingly seek medical care and prescription therapies through telehealth services.

This rising demand coincides with the availability of a broader selection of FDA-approved GLP-1 medications, including oral options.

By aligning with Hims & Hers, Lilly broadens its reach across one of the sector’s largest telehealth platforms.

Comprehensive Care and Commitment to Clinical Integrity

Hims & Hers guides individuals across their complete wellness process, managing initial consultations, clinical interventions, and routine follow-up care.

Its digital infrastructure equips clinicians with tools for patient outreach, ongoing monitoring, and comprehensive care regimens.

Hims & Hers has never distributed compounded versions of Lilly’s GLP-1 drugs and pledged to avoid them moving forward.

HIMS, LLY Price Action: Hims & Hers Health shares were up 5.48% at $25.62, and Eli Lilly is flat at $1,365.82 at the time of publication on Friday, according to Benzinga Pro data.

Photo courtesy: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending