Hims & Hers, a San Francisco-based health and wellness platform, announced last month that it will offer access to a compounded GLP-1 weight-loss injections at a competitive price.

"Starting today, we are providing access to compounded GLP-1 treatments for eligible customers at prices starting at $199 monthly," the company said in a news release. "We are providing access to compounded GLP-1s, which means customers can access the same active ingredient as Ozempic and Wegovy without navigating the shortages that are currently limiting access to the medication."

GLP-1 drugs, which are used for both diabetes and obesity, are in strong demand as manufacturers scramble to ramp up supply. Ozempic maker Novo Nordisk said earlier that shortages of the drug will persist through the year because of rising demand and manufacturing capacity constraints.