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0 0.000277588512882701 -0.000176647235470712 -0.000681353622530119 -0.00319983849395621 -0.00319983849395621 -0.00319983849395621 -0.00319983849395621
Stock impact report

The FDA's U-turn on peptides could boost the next telehealth boom [Yahoo! Finance]

Hims & Hers Health, Inc. Class A (HIMS) 
Company Research Source: Yahoo! Finance
The FDA is expected to allow compounding pharmacies to produce 14 injectable peptides, in a reversal from its previous ban on the substances, according to a New York Times report. The agency's reversal on peptides, which are short amino acid chains, could open up the substances to a huge untapped market. For telehealth companies like Ro Solace and Hims & Hers Health, whose ability to produce compound versions of these weight loss drugs created new business lines, peptides would be an obvious next move. More than 1 in 8 Americans is now taking GLP-1s. The popularity of unregulated peptides has exploded recently, as Silicon Valley techies, social media influencers and government officials alike have touted their purported “wellness” benefits for muscle repair and even attractiveness. Most prominently, US Health Secretary RFK Jr. is a proponent. Imports from China of hormone and peptide compounds, including GLPs, melanotan II and others, reached $328 million in the first nine months Show less Read more
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