Aug. 2 at 8:07 AM
The comment from the Eli Lilly executive is regarding the shortage of Tirzepatide.
$HIMS compounds are based on Semaglutide.
Remember that
$HIMS board member Kåre Schultz a week ago told Bloomberg that the company has a "long future" in selling compunded Semaglutide.
Could he be lying the very first day he joined the board in his first interviews with Bloomberg representing
$HIMS?
Sure, but it's highly unlikely.
Could it be that the market has a better understanding of the shortage situation regarding Semaglutide than he has?
Sure, but I would put more trust in the words from a person with 35 years of experience in this field, 25 of them at Novo Nordisk.
But most importanatly,
$HIS isn't about GLP-1. Medicines comes and goes. Better treatments for weight loss is on the way. The GLP-1 offer has to be an excellent opportunity for
$HIMS to build their customer base. Remeber, one of
$HIMS strong points is additional sales for existing customers