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Stock Market & Financial Investment News

News Breaks
January 4, 2013
09:38 EDTLLYEli Lilly says outperforming 2014 EPS consensus revenue driven
News For LLY From The Last 14 Days
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May 6, 2015
08:06 EDTLLYEli Lilly to open innovation center in Cambdridge, Massachusetts
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06:14 EDTLLYTransition Therapeutics in-licenses Phase-2 drug candidate from Eli Lilly
Transition Therapeutics' (TTHI) wholly-owned subsidiary, Transition Therapeutics Ireland Limited, has exclusively licensed worldwide rights to a novel small molecule drug candidate from Eli Lilly (LLY). TT701 is a selective androgen receptor modulator that has been shown in a Phase 2 study to significantly increase lean body mass and a measurement of muscle strength in male subjects. TTIL is evaluating multiple development paths for TT701, including as a new therapeutic option for patients with androgen deficiency. TTIL is engaged with potential collaborators to rapidly commence a Phase 2 clinical study. TTIL has acquired rights to develop and commercialize TT701. Lilly will receive contingent upfront consideration of up to $1M. In addition, Lilly is eligible to receive up to $100M in commercial milestones and a mid-single digit royalty on sales of TT701 products should such products be successfully commercialized.
May 5, 2015
10:04 EDTLLYEli Lilly DMD treatment granted orphan status
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May 4, 2015
07:26 EDTLLYWorldwide Business Research to hold a conference
BioNetwork East 2015 Partnering Conference is being held in Miami on May 4-6.
May 1, 2015
10:25 EDTLLYEli Lilly call activity attributed to takeover speculation
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10:14 EDTLLYRumor: Eli Lilly strength attributed to takeover speculation
07:43 EDTLLYExpensive drugs drove over 25% of 2013 Medicare drug spending, WSJ says
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April 29, 2015
10:39 EDTLLYCiti analyst says outlook still strong for big pharma
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10:00 EDTLLYOn The Fly: Analyst Upgrade Summary
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06:16 EDTLLYPfizer downgraded to Neutral from Buy at Citigroup
Citigroup analyst Andrew Baum downgraded Pfizer (PFE) to Neutral citing the stock's "strong" relative outperformance this year. Buam prefers prefer Eli Lilly (LLY), which he upgraded this morning to Buy, and Bristol-Myers (BMY) among large-cap U.S. Pharmaceuticals. He keeps a $37 price target for Pfizer shares.
06:13 EDTLLYEli Lilly upgraded to Buy with $100 target at Citigroup
Citigroup analyst Andrew Baum upgraded Eli Lilly to Buy from Neutral and raised his price target for shares to $100 from $66. The changes come after Baum increased his risk-adjusted peak sales estimate for Lilly's heart disease drug evacetrapib to $3.8B from $1.0B. The analyst also believes the company's oncology molecules abemaciclib and galunisertib are "high quality" and "under-appreciated." Shares of Lilly closed yesterday up 29c to $71.18.
April 27, 2015
06:19 EDTLLYPharmceutical companies buy drugs and raises prices, WSJ reports
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April 24, 2015
16:29 EDTLLYEli Lilly receives fourth FDA approval for CYRAMZA
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April 23, 2015
09:52 EDTLLYEli Lilly sees at least $200M in savings from Novartis Animal Health acquisition
09:33 EDTLLYEli Lilly sees stronger doller hurting FY15 revenue by 7.5%
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06:27 EDTLLYEli Lilly backs FY15 adjusted EPS view of $3.10-$3.20, consensus $3.15
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06:26 EDTLLYEli Lilly reports Q1 EPS 87c, consensus 77c
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