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FDA threatens action against ‘illegal copycat drugs,’ Reuters says

The U.S. FDA commissioner Marty Makary recently said the FDA will be taking action against companies producing “illegal copycat drugs” claiming to be similar to FDA-approved products, Carlos Mendez and Chris Thomas of Reuters reports. Hims and Hers Health (HIMS) stock, the maker of a cheaper $49 version of Novo Nordisk’s (NVO) Wegovy, has plunged since these comments.

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