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Novo denies partnership with Mangoceuticals on obesity drug, Reuters says

Novo Nordisk (NVO) and Eli Lilly (LLY) do not have a weight-loss drug partnership with telehealth website Mangoceuticals (MGRX), spokespeople for both companies said, rejecting a press release issued by the company on Thursday that described arrangements with the two leading drugmakers, according to Reuters. Earlier, Mangoceuticals had announced the launch of MangoRx Direct and PeachesRx Direct, two integrated programs that according to the company provide direct access to authentic Zepbound from Eli Lilly and Wegovy from Novo Nordisk. Shares of Mangoceuticals are sliding more than 16% in afternoon trading.

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