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Stock Market & Financial Investment News

News Breaks
December 12, 2012
06:56 EDTLLYEli Lilly provides update on next steps for Solanezumab
Eli Lilly provided an update on the next steps planned for solanezumab, its Phase 3 monoclonal antibody being studied as a potential therapy for patients with mild Alzheimer's disease. Following discussions with regulators in the U.S., Europe and Canada, Lilly plans to conduct an additional Phase 3 study of solanezumab in patients with mild Alzheimer's disease. Additional details, including study design and length, are still being determined. Lilly expects to initiate this study no later than 3Q2013. Based on recent meetings with the FDA, Lilly does not intend to submit a Biologics License Application at this time in the U.S. based solely on the existing analyses of data from the Expedition studies. Lilly will continue to analyze and discuss the data from the two, Phase 3, double-blind, placebo-controlled solanezumab Expedition studies with regulators globally to determine the regulatory paths forward in different regions. It is possible that different courses of action could be taken in different jurisdictions.
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May 16, 2013
08:55 EDTLLYBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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May 14, 2013
09:09 EDTLLYEli Lilly announces CEO John Lechleiter recovering from surgery
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07:24 EDTLLYEBD Group to host a conference
BioTrinity 2013 is being held in Newbury, England on May 14-16.
May 10, 2013
11:48 EDTLLYDrugmakers to face pressure on U.S. prices, Reuters says
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08:02 EDTLLYEli Lilly's Enzastaurin Phase III study did not meet primary endpoint
Eli Lilly announced Phase III clinical trial results from enzastaurin's PRELUDE study, which explored the molecule as a monotherapy in the prevention of relapse in patients with diffuse large B-cell lymphoma. The study failed to show a statistically significant increase compared to placebo in disease-free survival in patients at high risk of relapse following rituximab-based chemotherapy. There were no new safety findings, and the safety data were consistent with previously disclosed studies. Lilly will stop development of enzastaurin, which is expected to result in a second-quarter charge to R&D expense of approximately $30M. The company's previously-issued financial guidance for 2013 remains unchanged.
May 9, 2013
11:01 EDTLLYSears Holdings names Jeff Balagna Chief Information Officer
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May 6, 2013
18:42 EDTLLYEli Lilly and Boehringer announce results from Phase 3 study of linagliptin
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16:40 EDTLLYEli Lilly announces CEO Dr. John Lechleiter to undergo surgery
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