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Stock Market & Financial Investment News

News Breaks
July 8, 2014
13:46 EDTLLY, SNYSanofi files patent infringement suit against Eli Lilly, Reuters says
Sanofi (SNY), whose top-selling Lantus drug aids diabetics, filed a lawsuit which claimed Eli Lilly (LLY) infringed upon seven patents related to insulin and devices used to deliver it, according to Reuters, citing comments from an Eli Lilly spokeswoman. Sanofi is looking to stop U.S. proposed commercial marketing of Eli Lilly's treatment Abasria saying the sale would violate the French company's rights. Reference Link
News For SNY;LLY From The Last 14 Days
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December 22, 2014
11:09 EDTLLYFTC puts conditions on Lilly's proposed acquisition of Novartis Animal Health
Global pharmaceutical company Eli Lilly and Company (LLY) has agreed to divest its Sentinel product line of medications for treating heartworm disease in dogs in order to settle FTC charges that its proposed $5.4B acquisition of Novartis (NVS) Animal Health would likely be anticompetitive. Under the proposed settlement, Eli Lilly will divest its Sentinel product line and associated assets to the French pharmaceutical company, Virbac. Indianapolis-based Eli Lilly, through its Elanco Animal Health division, and Switzerland-based Novartis AGs Novartis Animal Health business unit both develop and market a wide range of animal health products, including medications to treat diseases and conditions affecting pets and livestock. Reference Link
10:02 EDTLLYEli Lilly announces diabetes research partnership with University of Surrey
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07:56 EDTLLYEli Lilly price target raised to $76 from $67 at Leerink
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06:34 EDTSNYImmunoGen appoints Richard Gregory as Chief Scientific Officer
ImmunoGen (IMGN) announced the appointment of Richard Gregory as Executive Vice President, Research and Chief Scientific Officer. Gregory will join the company on January 5, 2015, at which time current CSO, John Lambert, will assume the position of Executive Vice President, Distinguished Research Fellow. Gregory most recently served as senior vice president and head of research for the Sanofi (SNY) Genzyme Research & Development Center.
December 19, 2014
09:48 EDTLLYBiogen should be bought on weakness after Roche drug halted, says Evercore ISI
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08:53 EDTLLYBiogen drug, trial differs from Roche Alzheimer's drug, says RBC Capital
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05:39 EDTLLYEli Lilly, Adocia to co-develop BioChaperone Lispro
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December 16, 2014
14:48 EDTLLYEli Lilly's CYRAMZA receives third FDA approval
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December 15, 2014
16:33 EDTLLYEli Lilly raises quarterly dividend 2% to 50c per share
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December 12, 2014
12:52 EDTLLYEli Lilly: FDA expands approved use of Cyramza to treat lung cancer
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December 11, 2014
10:13 EDTLLYOn The Fly: Analyst Upgrade Summary
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08:40 EDTLLYEli Lilly upgraded at Morgan Stanley
As previously reported, Morgan Stanley upgraded Eli Lilly two notches to Overweight from Underweight. The firm has increased confidence in Eli Lilly's pipeline investments following recent external data in Alzheimer's and atherosclerosis and now expects potential evacetrapib peak sales of $3B and solanezumab peak sales of $10B. Price target raised to $85 from $60.
06:22 EDTLLYEli Lilly upgraded to Overweight from Underweight at Morgan Stanley
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December 9, 2014
11:19 EDTSNYSanofi reportedly ready to make acquisitions in animal medicine, Bloomberg says
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07:44 EDTLLYAmerican Association for Cancer Research to hold a symposium
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07:11 EDTLLYEli Lilly and Incyte announce Phase 3 RA-BEACON study met primary endpoint
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December 8, 2014
08:10 EDTLLYLilly, Anthem, HealthCore form five-year research collaboration
Eli Lilly and Company (LLY), Anthem (ANTM) and HealthCore, Inc. announced that they have formed a five-year, real-world evidence research collaboration intended to improve health outcomes for patients. The companies will jointly develop and conduct research projects in health outcomes and real-world evidence in areas of mutual interest. Each party will bring distinct and valuable contributions to the collaboration, including the U.S. provider and patient environment, research capabilities, therapeutics and methods expertise, and integrated, researchable data. The collaboration allows the organizations to explore research opportunities across disease states and incorporate surveys and other information from providers and patients.

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