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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:05 EDTLLYEli Lilly and Immunocore partner to develop cancel therapies
Eli Lilly and Immunocore today announced they have entered into a co-discovery and co-development collaboration to research and potentially develop novel T cell-based cancer therapies. Immunocore will receive an upfront fee of $15M per program for the discovery of novel ImmTACs against jointly-selected cancer targets in order to generate preclinical candidate packages. If Lilly accepts a preclinical candidate package to develop and potentially commercialize, Immunocore will receive an opt-in fee of $10M and will have an option to continue co-development with Lilly on a cost-sharing and profit-sharing basis. If Immunocore does not exercise its option, it will be entitled to potential future significant milestone and royalty payments.
News For LLY From The Last 14 Days
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October 2, 2014
10:00 EDTLLYZimmer antitrust probe extended, Lilly/Novartis deal cleared by EU, Reuters says
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08:35 EDTLLYEli Lilly to discontinue Tabalumab development based on Phase 3 lupus results
Eli Lilly will discontinue development of tabalumab­, being studied for the treatment of systemic lupus erythematosus, commonly known as lupus, due to insufficient efficacy in two pivotal Phase 3 trials. The decision was not based on safety concerns. The decision to discontinue development of tabalumab for lupus is expected to result in a Q3 charge to research and development expense of up to $75M pretax, or approximately 4c-5c per share after-tax.
September 30, 2014
16:39 EDTLLYCMS discloses drug makers' payments to doctors, WSJ says
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07:30 EDTLLYSachs Associates to hold a conference
14th Annual Biotech in Europe Forum for Global Partnering and Investment to be held in Basel, Switzerland on September 30-October 1.
September 23, 2014
09:00 EDTLLYBofa/Merill special situations team to hold an analyst/industry conference call
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September 22, 2014
07:21 EDTLLYEBD Group to hold a conference
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September 18, 2014
15:57 EDTLLYFDA approves Trulicity with boxed warning, post-marketing study requirements
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15:55 EDTLLYFDA approves Eli Lilly type 2 diabetes drug
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11:15 EDTLLYRepros sinks after panel backs tests for testosterone therapies
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08:12 EDTLLYEli Lilly's Cyramza for gastric cancer shows positive Phase 3 results
Eli Lilly announced results of the global Phase III trial of ramucirumab - CYRAMZA - in combination with paclitaxel in patients with advanced gastric cancer or gastroesophageal junction adenocarcinoma. The addition of ramucirumab to paclitaxel showed a statistically significant improvement in median overall survival, meeting its primary endpoint; it also met secondary endpoints of progression-free survival and objective response rate. Data from the trial were first presented in January. Ramucirumab has now been the focus of two positive Phase III gastric cancer trials that have demonstrated statistically significant improvements in both overall survival and progression-free survival.
08:01 EDTLLYDow AgroSciences announces R&D agreement with Lilly's Elanco
Two Indiana agricultural companies, Elanco, the animal health division of Eli Lilly and Company (LLY), and Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (DOW), are announcing a strategic research and development agreement that will focus on developing integrated solutions to enable livestock producers to increase meat and milk production to meet the demands of the growing global population.
06:10 EDTLLYFDA panel votes 20-1 to study changes to testosterone therapies
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