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STAT·May 12·1 min read
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Hims sales dip as telehealth rivals intensify; Bristol partners with Chinese firm, other biotech updates

May 12, 2026·read at STAT ↗Neutral

Hims reported lower sales this quarter, attributing the shortfall to growing competition from other telehealth providers.

Bristol announced a new partnership with Chinese drugmaker Hengrui Pharma to advance early‑stage programs, expanding its presence in China.

Rigel Pharma will commercialize the recently approved breast‑cancer therapy Veppanu under a deal that also involves Arvinas and Pfizer.

Roche secured European clearance for a blood test designed to detect early signs of Alzheimer’s disease.

BridgeBio submitted an FDA application seeking approval for encaleret, a treatment for autosomal dominant hypocalcemia type 1, a rare genetic disorder.

source

This writeup was produced by pharmadog from original reporting by STAT.

Original headline: “STAT+: Hims’ sales miss as telehealth competition grows”

read at STAT ↗
526 words · retrieved May 12
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companies & drugs in this story

companies
BRISTOL5HENGRUI PHARMA4Ultragenyx Pharmaceutical Inc.4PFIZER2ROCHE2ASTELLASBRISTOL MYERS SQUIBBBRISTOL MYERS SQUIBB CO
drugs
Rare Disease2encaleret2
topics
Rare Disease4Hematology3Approval2Oncology2Breast CancerGene Therapy (AAV)

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