The companys shares soaredover 30% during Mondaytrading following the news.

An Eli Lilly executive told Quartz that it will take aGLP-1 pillto address current supply constraints.

However, the agency does not review the safety and efficacy of these products.

The company is offering compounded semaglutide for $199 a month.

The company is offering compounded semaglutide for $199 a month.Image: Hims & Hers

In December, Hims & Herslaunched a weight loss program that included access to non-GLP-1 weight loss medications.

The companys other weight loss medication offerings focus on treating the underlying causes of weight gain.

This article originally appeared onQuartz.

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