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Stock Market & Financial Investment News

News Breaks
June 20, 2014
09:57 EDTLLYEli Lilly calls active as shares rally to nine-year high
Eli Lilly July 65 and August 62 calls are active on total call volume of 2400 contracts (200 puts). July call option implied volatility is at 15, August is at 16, October is at 18; compared to its 26-week average of 18 according to Track Data. Active calls volume suggests traders taking positions for price movement.
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August 21, 2014
07:12 EDTLLYEli Lilly announces results from pivotal UNCOVER studies for ixekizumab
Eli Lilly announces that its investigational medicine ixekizumab was statistically superior to etanercept and placebo on all skin clearance measures in Phase 3 studies. Patients treated with both dosing regimens of ixekizumab had significantly greater levels of skin clearance compared to placebo and to etanercept at the 12-week endpoint. Skin clearance was measured by standard primary endpoints for psoriasis studies: the Psoriasis Area and Severity Index and the Static Physician Global Assessment. For patients treated with ixekizumab either every four weeks or every two weeks, between 78 to 90 percent of patients achieved at least a 75 percent reduction in PASI score at 12 weeks. Additionally, 31 to 41 percent of these patients achieved PASI 100, or clear skin, at week 12. For comparison, between 5 to 7 percent of patients treated with etanercept in the UNCOVER-2 and 3 studies achieved PASI 100. Adverse events were comparable for patients receiving ixekizumab in the 12-week, randomized control portion across all three studies.
August 18, 2014
17:37 EDTLLYFDA grants tentative approval for Lilly, Boehringer Basaglar insulin
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11:41 EDTLLYCubist rises after report sparks takeover interest speculation
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August 11, 2014
11:58 EDTLLYMannKind rallies after inking licensing agreement with Sanofi
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