Shares of telehealth firm Hims & Hers HIMS.N rise 11.4% to $35.29
A panel of advisers to the U.S. Food and Drug Administration on Thursday voted to place a widely used peptide called BPC-157 on a list that would allow broader pharmacy compounding
Hims is set to tap what analysts estimate could be a multi-billion-dollar market for peptides if U.S. regulators loosen manufacturing restrictions
Chief Medical Officer Anant Vinjamoori tells the panel Hims stands to benefit commercially if BPC-157 were added to the 503A list
Brokerage Leerink says it will likely take longer before BPC-157 could become a meaningful contributor to HIMS, as the company has expressed that it does not necessarily want to rush to be first to market
Leerink adds the latest outcome is a positive catalyst for the stock as BPC-157 is likely one of the more commercially viable of the seven peptides for a broad audience
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