WeightWatchers said on Tuesday it would offer compounded form of Novo Nordisk's popular obesity drug Wegovy as part of its weight-management programs, sending its shares up 13% in early trading. Soaring demand for weight-loss drugs such as Wegovy and Eli Lilly's Zepbound,

WeightWatchers will begin selling compounded alternatives to certain weight-loss drugs that are experiencing shortages. Why it matters: Federal law allows companies to sell compounded versions of drugs that are on the FDA's shortages list — which has led to a surge of copycats to the newly popular class of GLP-1 injections.

WW International ( NASDAQ: WW ), more commonly known as WeightWatchers, will now offer compounded semaglutide to its WeightWatchers Clinic members, expanding the accessibility of popular weight loss medications to its members at a more affordable price.

WeightWatchers said on Tuesday it would offer a compounded version of Novo Nordisk's popular obesity drug Wegovy as part of its weight-management programs.

WW International announced Friday that CEO Sima Sistani would leave her role effective immediately. Tara Comonte, a WeightWatchers board member and former Shake Shack executive, was made interim chief executive.

The diet and weight-loss brand, which has struggled to adapt in the Ozempic era, is losing its latest chief executive after only two and a half years. WeightWatchers CEO Sima Sistani is leaving the company after two and a half years.

WeightWatchers announced Friday that CEO Sima Sistani is no longer at the company, and independent board member Tara Comonte has stepped in to serve as interim CEO.

The company's shares have plummeted about 90 percent this year due to the rising popularity of GLP-1 drugs like Ozempic and Wegovy.

WeightWatchers CEO Sima Sistani, who pushed the beleaguered company into embracing weight loss drugs like Ozempic, is leaving the position after a two-and-a-half-year stint.