LifeMD Shares Rise After Company Offers Novo Nordisk's Wegovy
By Amira McKee
Shares of LifeMD rose after the virtual-healthcare company said it would offer Novo Nordisk's weight-loss pill, Wegovy.
The stock was up 15% at about midday. Shares have risen around 18% year to date.
The U.S. Food and Drug Administration approved the new GLP-1 pill last month. Eligible patients, the New York-based company said Monday, can access the Wegovy pill for as little as $149 per month.
The announcement broadens LifeMD's partnership with Novo Nordisk, the maker of popular GLP-1 injectable Ozempic, LifeMD said. LifeMD is featured on the NovoCare and Wegovy websites as a trusted telehealth provider, it added.
Drug companies and analysts have said the pills could tap in to demand for GLP-1 treatments from patients who would prefer the oral dose over an injection. Pills also cost less to make, offering the prospect of lower prices and better health-insurance coverage than injections do, The Wall Street Journal previously reported.
Wegovy 1.5mg and 4mg pills are available to patients at $149 per month, according to LifeMD. After April 15, Wegovy 4mg pills will be offered at $199 per month, and the 9mg and 25mg doses will be available at $299 per month, the company said.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
January 05, 2026 13:06 ET (18:06 GMT)
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