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Hims & Hers Brings First-Time Access to Generic Semaglutide to Canada

Key Takeaway: Hims & Hers has announced the introduction of generic Semaglutide to the Canadian market, marking a significant step in expanding access to this medication. This initiative aims to provide more affordable treatment options for patients managing conditions such as obesity and diabetes. The availability of generics is expected to benefit consumers by reducing costs.
Price reaction · baseline $23.04 (2026-05-20 close) · hit after-hours · clean, no other HIMS news in the window
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POSITIVE FACTORS

  • Hims & Hers expands access to generic Semaglutide in Canada.
  • This move may enhance treatment options for patients.
  • Generic availability could lower costs for consumers.

Full Press Release Details

TORONTO--(BUSINESS WIRE)--Hims & Hers Health, Inc. (NYSE: HIMS), the leading health and wellness platform, today announced the availability of generic semaglutide through its platform for eligible customers in Canada. This makes affordable GLP-1 treatment accessible to Canadians for whom cost has long been a barrier to treatment. For eligible customers, personalised treatment plans are available starting at $149/month CAD.
GLP-1 treatments have transformed obesity and metabolic health, with their significance extending well beyond weight alone.Nearly two-thirds of Canadian adultsare overweight or living with obesity, but cost has remained a significant barrier to access the treatment they need. Health Canada's authorization of generic semaglutide marks a turning point, not just for Hims & Hers customers, but for the country's broader healthcare landscape. This will help create a more dynamic GLP-1 market. As more providers offer access to affordable options, prices fall across the board, expanding access for patients regardless of where they seek care.
Through Hims & Hers, eligible customers in Canada will have access to personalised care plans that may include GLP-1 options, alongside unlimited and ongoing Care Team access and evidence-informed resources built around nutrition, movement, and sleep, all designed to support sustainable, lasting health habits. All Canadian customers are connected with Canadian providers who understand the healthcare landscape they’re navigating and bring the local expertise and clinical rigour this kind of care demands.
"Generics have always played a critical role in expanding access to medicines that change lives,” said Dr. Sandy Van, Obesity Medicine Specialist and Chief Medical Officer, Hims & Hers Canada. “Today marks a turning point: more choice, lower costs, and a genuine commitment to care built around the whole patient. Every Canadian deserves access to the treatment that's right for them, regardless of what they can afford."
"Canada has a strong health system, and we are committed to helping support and strengthen it," said Austin Kouri, General Manager, Hims & Hers Canada. "Bringing generic semaglutide to market means more Canadians have a real, affordable path to treatment. When patients have options and costs come down, everyone benefits. That's exactly the kind of impact we're here to create."
Hims & Hers is committed to putting the right tools, the right providers, and the right support into the hands of Canadians who are ready to take control of their health.
Generic semaglutide is authorized for sale by Health Canada for the management of Type 2 diabetes. It may be prescribed off-label for weight management in a licensed healthcare provider's sole clinical judgment. Hims & Hers Canada Inc. does not currently offer access to treatment services for Type 2 diabetes.

About Hims & Hers Health, Inc.

Hims & Hers is the leading health and wellness platform on a mission to help the world feel great through the power of better health. We believe how you feel in your body and mind transforms how you show up in life. That’s why we’re building a future where nothing stands in the way of harnessing this power. Hims & Hers normalizes health & wellness challenges—and innovates on their solutions—to make feeling happy and healthy easy to achieve. No two people are the same, so the company provides access to personalized care designed for results. For more information, please visitwww.hims.caandwww.forhers.ca.

Frequently Asked Questions

What is the significance of Hims & Hers' announcement?

Hims & Hers is introducing generic Semaglutide to Canada, improving access.

How will generic Semaglutide benefit Canadian patients?

It provides more affordable treatment options for obesity and diabetes.

What conditions does Semaglutide treat?

Semaglutide is used for managing obesity and diabetes.

Last updated: May 21, 2026