Weight Watchers is filing for bankruptcy as the company faces more than $1 billion in debt. Despite the financial challenges, the company expects to emerge from bankruptcy within the next 45 days.

The 60-year-old company plans to transform into a telehealth services provider. This shift will focus on helping users obtain prescriptions for drugs like Ozempic and Wegovy.

These changes mark a significant transition for Weight Watchers as it adapts to evolving healthcare needs and markets.

Originally published on khq.com, part of the BLOX Digital Content Exchange.

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