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For Hims, the decision to offer a compounded version of Novos new Wegovy pillalbeit only brieflywas a tipping point, Novos chief counsel told STAT

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Many insurers took a GLP-1-related hit last year, for example, Blue Cross and Blue Shield of Massachusetts recorded losses amounting to nearly $115 million dollars just in the first 3 quarters of 2024, which corresponded with an approximate 250% increase in GLP-1 claims over the same period