Hims & Hers gains as FDA panel endorses peptide BPC-157

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Shares of Hims & Hers Health ( HIMS ) rose more than 10% on Thursday after an FDA advisory panel ​voted to include a popular peptide known as ​BPC-157 in a list of molecules that compounding pharmacies use to make customized treatments.

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Shares of Hims & Hers Health surged over 10% on Thursday, driven by the FDA advisory committee's recommendation to approve the peptide BPC-157. This move establishes a legal foundation for the company to utilize popular ingredients in compounding treatments. Investors expect future regulatory easing to act as a positive momentum for earnings growth.

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