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  • Hims & Hers sees ‘an exciting period of growth,’ but stock falls

    Hims & Hers sees ‘an exciting period of growth,’ but stock falls

    By Bill Peters

    Hims & Hers has been trying to widen the number of personalized treatments it offers to consumers

    Shares of Hims & Hers Inc. fell after hours on Monday after the wellness and telehealth platform’s third-quarter forecast came up shy of Wall Street’s estimates, although the company stuck with its full-year outlook.

    The company (HIMS), known for selling anti-anxiety medications, hair-loss and sexual-health products, made the forecasts as it tries to expand its selection of personalized care products.

    But it comes after a messy breakup with Novo Nordisk (NVO) after the drugmaker accused the platform of “deceptive promotion” and selling illegitimate copycat versions of its popular weight-loss drug Wegovy. Hims & Hers, in turn, accused Novo Nordisk of “misleading the public.”

    Hims & Hers on Monday said it expects third-quarter revenue of $570 million to $590 million. The midpoint of that forecast was a bit below FactSet estimates for $583 million.

    The company kept its full-year sales outlook of $2.3 billion to $2.4 billion.

    Shares slid 11.8% after hours on Monday. However, the stock is up 161.9% year to date, as of the close of trading for the day.

    For the second quarter, Hims & Hers reported revenue of $544.8 million, a 73% year-over-year jump but below estimates for $552 million. The company earned 17 cents a share, topping expectations for 15 cents.

    “We believe we’re entering an exciting period of growth where we’ll enter new, high-impact specialties that bring millions of people in need of care into the market,” Chief Executive Andrew Dudum said in a statement.

    Hims & Hers has been trying to widen the number of personalized treatments it offers to consumers. It is also trying to expand its capacity for at-home lab testing, its usage of tech to assist with consumers’ health needs and access to professionals, and daily health tracking from wearable devices. In May, management said it plans to launch new products geared toward testosterone and menopause support this year.

    Novo Nordisk said in June that it would end its collaboration with Hims & Hers, less than two months into the partnership. Novo Nordisk said the knockoff drugs available on the website “put patient safety at risk,” and that it would halt “direct access” to Wegovy on Hims & Hers Health via the drugmaker’s NovoCare Pharmacy.

    Dudum, in a post on X, said that the drugmaker “increasingly pressured us to control clinical standards and steer patients to Wegovy regardless of whether it was clinically best for patients.”

    “We refuse to be strong-armed by any pharmaceutical company’s anticompetitive demands that infringe on the independent decision-making of providers and limit patient choice,” he continued.

    He added: “We will continue to offer access to a range of treatments, including Wegovy, to ensure providers can serve the individual needs of patients.”

    -Bill Peters

    This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

    (END) Dow Jones Newswires

    08-04-25 1715ET

    Copyright (c) 2025 Dow Jones & Company, Inc.

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  • Punjab honours 1,700 martyred policemen

    Punjab honours 1,700 martyred policemen


    LAHORE:

    Ceremonies were held across Punjab on Monday to mark Police Martyrs’ Day, honouring over 1,700 Punjab Police personnel who lost their lives in the line of duty.

    “I salute those brave soldiers of Punjab Police who made Pakistan a cradle of peace by giving their blood,” said Punjab Chief Minister Maryam Nawaz Sharif.

    “Some mothers lost their sons, some wives lost their husbands and some kids lost their fathers so that we all could be safe,” said in her message on Police Martyrs’ Day. She said, “Blood of police martyrs is the strongest brick of our state. Real strength of a state are those soldiers who face bullets but do not step back.”

    The central event took place at Alhamra Arts Council, Lahore, where Punjab Chief Secretary Zahid Akhtar Zaman, Inspector General of Police Dr Usman Anwar, CCPO Lahore Bilal Siddique Kamyana, and families of martyred officers gathered alongside representatives from the media, civil society, showbiz, and academia.

    Speaking at the event, IG Punjab Dr. Usman Anwar said, “Punjab Police made sacrifices on 353 out of 365 days last year – a reflection of our commitment to peace.” He noted that more than 712 families of martyrs (prior to 2017) had received residential plots and financial support, with enhanced measures introduced under the direction of Chief Minister Maryam Nawaz.

    As part of welfare initiatives, 26 children of martyred officers received laptops for educational support, and residential plot documents were distributed to families of pre-2017 martyrs.

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  • Bullish seeks up to $4.2 billion valuation in U.S. IPO

    Bullish seeks up to $4.2 billion valuation in U.S. IPO

    Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in a filing on Monday, launching its roadshow to capitalize on the momentum built by digital assets amid regulatory clarity.

    Companies leveraging crypto and related technologies have rallied on friendly policymaking from the Trump administration, such as the recent passage of the GENIUS Act, which provides an initial regulatory framework for stablecoins.

    Bullish is seeking up to $629.3 million by offering 20.3 million shares priced between $28 and $31 each, marking its second attempt to go public in four years.

    At the top of its proposed range, the company will list at a more than 52% discount to its $9-billion valuation target in a 2021 blank check merger that it called off in 2022, citing regulatory hurdles.

    “When an IPO begins marketing, the bankers would rather undershoot on valuation and then price up, rather than overshoot and price down,” said Matt Kennedy, senior strategist at Renaissance Capital, a provider of IPO-focused research and ETFs.

    Bullish, backed by billionaire Peter Thiel, plans to convert a significant portion of the IPO proceeds to U.S.-dollar-denominated stablecoins with the assistance of one or more issuers of such tokens, it said in the filing.

    Major stablecoin-issuer Circle Internet CRCL.K had a blowout debut on the NYSE in June and currently trades at more than 400% of its IPO price.

    Investor focus

    Bullish, whose CEO Thomas Farley previously served as president of the New York Stock Exchange, operates a crypto-trading exchange targeting institutions.

    It also operates crypto news website CoinDesk, which it acquired from Barry Silbert’s Digital Currency Group in 2023.

    Bullish swung to a $349 million loss for the quarter ended March 31, compared with a profit of $105 million a year earlier, reflecting a fall in fair value of its crypto holdings.

    Meanwhile, largest public crypto exchange Coinbase COIN.O reported a drop in second-quarter adjusted profit on Friday, due to a slowdown in trading, which dragged its shares down nearly 17%, even though the company recorded portfolio gains.

    Some investors tend to overlook the impact of quarterly swings in crypto prices when evaluating such companies, analysts have said.

    According to Renaissance Capital’s Kennedy, investors will focus on “how efficient (Bullish is) and how profitable it is as a pure exchange, without the impact of quarterly price changes.”

    Bullish aims to list on the NYSE under the symbol “BLSH.” J.P. Morgan, Jefferies and Citigroup are the lead underwriters.

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  • Dementia Diagnosis Takes More Than 3 Years, Study Finds

    Dementia Diagnosis Takes More Than 3 Years, Study Finds

    New research has found it takes an average of 3.5 years for a person with dementia to receive a diagnosis after experiencing the first symptoms. For people with early-onset dementia, the delay is even longer, 4.1 years.

    The results — which analyzed data from 13 previously published studies involving more than 30,000 people across Europe, the United States, Australia, and China — highlight a major gap that often keeps people from getting early treatment and support.

    Many people and their families “may be living with uncertainty, and without access to the support, care, and planning resources they need,” says senior study author Vasiliki Orgeta, PhD, an associate professor of psychiatry at University College London in England.

    The findings also highlight the urgent need to improve public awareness and training for healthcare providers and to streamline the referral process, says Dr. Orgeta.

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  • Multiple Sclerosis and Pregnancy Concerns May Stop Women From Getting Needed Medications

    Multiple Sclerosis and Pregnancy Concerns May Stop Women From Getting Needed Medications

    Even though the vast majority of people with multiple sclerosis are female, women are far less likely than men with this condition to receive medications that can relieve symptoms or slow disease progression, a new study suggests.

    Researchers examined more than a decade of data on nearly 23,000 people with MS who were between 18 and 40 years old. Participants were 29 years old on average at diagnosis, and roughly 3 in 4 were women.

    Compared with the men in the study, women were 8 percent less likely to receive disease-modifying drugs to manage symptoms and 20 percent less likely to get newer medications that are highly effective at reducing multiple sclerosis relapses, according to findings published in the journal Neurology.

    “This is extremely alarming,” says Ann Marie Murray, MD, a professor and the chief of comprehensive movement disorders at the Rockefeller Neuroscience Institute at West Virginia University in Morgantown.

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  • Drug Reaction With Eosinophilia and Systemic Symptoms (DRESS) Following Conversion Surgery for Esophageal Cancer: A Case Report

    Drug Reaction With Eosinophilia and Systemic Symptoms (DRESS) Following Conversion Surgery for Esophageal Cancer: A Case Report


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  • Trump Says He'll Raise India Tariffs Over Russian Oil: Live Updates – The New York Times

    1. Trump Says He’ll Raise India Tariffs Over Russian Oil: Live Updates  The New York Times
    2. Trump warns he will ‘substantially’ raise tariffs on India over Russian oil purchases  Dawn
    3. Trump’s demand that India stop buying Russian oil puts Modi in tight spot  The Guardian
    4. Trump Says US to Hike India’s Tariffs Over Russian Oil Buys  Bloomberg.com
    5. Trump pledges to ‘substantially’ raise US tariffs on India over Russian oil  Al Jazeera

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  • Study Reveals Hidden Drivers of Asthma Flare-Ups in Children

    Study Reveals Hidden Drivers of Asthma Flare-Ups in Children

    Newswise — A recent multicenter clinical trial has uncovered inflammatory pathways that contribute to asthma flare-ups in children that occur despite treatment, according to findings published in JAMA Pediatrics.

    Eosinophilic asthma is characterized by high levels of eosinophils, a type of white blood cell involved in the body’s immune response. While eosinophils typically help fight infections, in eosinophilic asthma, they accumulate in the lungs and airways, causing chronic inflammation, swelling and damage to the respiratory system.

    Eosinophilic asthma is driven by type 2 (T2) inflammation, an immune response involving cytokines that promote the production and activation of eosinophils. Because of this, therapies targeting T2 inflammation are used to reduce eosinophil levels and prevent asthma flare-ups.

    But even with targeted therapies against T2 inflammation, some children still experience asthma attacks. This suggests that other inflammatory pathways also play a role in exacerbations, said Rajesh Kumar, MD, Interim Division Head of Allergy and Immunology at Ann & Robert H. Lurie Children’s Hospital of Chicago, who was a co-author of the paper.

    In the study, scientists analyzed data from a previous clinical trial studying respiratory illnesses in children with eosinophilic asthma living in low-income urban areas across nine U.S. cities. Investigators compared the effects of mepolizumab—a biologic therapy that targets T2 inflammation—with a placebo over a 52-week period.

    While mepolizumab significantly reduced the expression of eosinophil-associated T2 inflammation during asthma flare-ups, exacerbations still occurred.

    “The previous trial raised questions about what happens when you take away some of the allergic inflammation using a biologic drug, and why is it that some children experience exacerbations and some don’t?” Dr. Kumar said. “Different types of inflammation–allergic and different types of nonallergic inflammation–interact with exacerbations, both viral and non-viral. We wanted a more precise way of understanding what’s driving some of the exacerbations in kids.”

    By employing RNA sequencing of nasal samples collected during 176 episodes of acute respiratory illness, investigators identified three distinct inflammatory drivers of asthma exacerbations. The first were epithelial inflammatory pathways, which were increased in children receiving mepolizumab, regardless of viral infection. The second was macrophage-driven inflammation, which was specifically linked to viral respiratory illnesses, and the third involved mucus hypersecretion and cellular stress responses, which were elevated in both treatment and placebo groups during flare-ups.

    “We found that children who still exacerbated on the drug had less of this allergic type of inflammation, but they had other residual epithelial pathways which were driving some of that inflammatory response that was involved in exacerbation,” Dr. Kumar said.

    The study highlights the complexity of asthma in children and underscores the need for more personalized treatment strategies, Dr. Kumar said.

    “There are multiple different types of inflammatory responses that are involved in exacerbations, and they’re driving exacerbations differentially based on whether patients have a virus or are taking drugs to block different parts of the inflammatory response,” Dr. Kumar said.

    As asthma continues to affect children in urban communities disproportionately, the insights from the study could pave the way for precision interventions for children based on the type of inflammation driving their asthma, and lead to improved quality of life for young patients, Dr. Kumar said.

    “This study gives us a better understanding of what results in persistent exacerbations and opens up the potential for new therapies or combinations of therapies based upon that.”

    The study was supported by a National Institutes of Health grant (UM1AI11427).

    Ann & Robert H. Lurie Children’s Hospital of Chicago is a nonprofit organization committed to providing access to exceptional care for every child. It is the only independent, research-driven children’s hospital in Illinois and one of less than 35 nationally. This is where the top doctors go to train, practice pediatric medicine, teach, advocate, research and stay up to date on the latest treatments. Exclusively focused on children, all Lurie Children’s resources are devoted to serving their needs. Research at Lurie Children’s is conducted through Stanley Manne Children’s Research Institute, which is focused on improving child health, transforming pediatric medicine and ensuring healthier futures through the relentless pursuit of knowledge. Lurie Children’s is the pediatric training ground for Northwestern University Feinberg School of Medicine. It is ranked as one of the nation’s top children’s hospitals by U.S. News & World Report.


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  • Gaps in Menopause Knowledge, Care Showcased in The (M) Factor Global Impact Report

    Gaps in Menopause Knowledge, Care Showcased in The (M) Factor Global Impact Report

    Over half (67%) of women worldwide report negative experiences while seeking healthcare for menopause symptoms, according to The (M) Factor Global Impact Report 2025.

    The new report, released last week, was based on surveys given to audience members who attended screenings of The (M) Factor documentary. Surveys were given before and after viewing. More than 2,600 participants took the survey at 750 screenings across the globe from October 2024 to mid-April 2025.

    The (M) Factor documentary premiered on PBS in October 2024. It was directed by Emmy Award-winning filmmaker Jacoba Atlas and executive producers, Emmy Award-winning journalist Tamsen Fadal, Peabody Award-winning filmmaker Denise Pines and Emmy Award-winning producer Joanne LaMarca Mathisen. Their next documentary film, “Before the Pause,” is slated for a March 2026 release and will focus on perimenopause.

    It’s estimated that more than one billion women worldwide are currently either in menopause or have finished menopause, including the estimated 6,000 women that enter menopause in the United States every day.

    Yet, healthcare gaps exist worldwide, perpetuated in part by the taboo nature of menopause and a lack of medical training.

    “It’s evident that education and awareness are the keys to breaking the silence,” Fadal said. “By equipping healthcare professionals and empowering women with accurate information, we can fundamentally shift menopause care globally.”

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  • Here's what to know about Pamela Anderson and Liam Neeson's relationship – newscentermaine.com

    Here's what to know about Pamela Anderson and Liam Neeson's relationship – newscentermaine.com

    1. Here’s what to know about Pamela Anderson and Liam Neeson’s relationship  newscentermaine.com
    2. Woman Says Liam Neeson Wrote Thank-You Note for Doing Natasha Richardson’s Funeral Makeup  People.com
    3. Are Pamela Anderson and Liam Neeson Dating? Craig Melvin Asks on TODAY: EXCLUSIVE  TODAY.com
    4. Exclusive | The naked truth about Pamela Anderson and Liam Neeson’s budding relationship  Page Six
    5. Liam Neeson Fell for Pamela Anderson on Set, Expressed Feelings 1st  Us Weekly

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