Eli Lilly and Company’s mirikizumab demonstrated superior histologic response compared to placebo and Stelara (ustekinumab) in a Phase 3 study for moderately to severely active Crohn’s disease. The drug showed a significant improvement in mucosal healing and a favorable safety profile, potentially offering a new treatment option for patients struggling with this chronic inflammatory bowel disease.
The FDA is reconsidering its decision to ban compounding pharmacies from supplying cheaper versions of Eli Lilly’s blockbuster weight loss and diabetes drugs, Mounjaro and Zepbound. This comes after a lawsuit filed by compounding groups challenging the FDA’s restriction. Eli Lilly has also issued cease-and-desist letters to companies offering similar products, citing potential safety concerns.
Eli Lilly’s Ebglyss, a treatment for moderate-to-severe atopic dermatitis (eczema), has shown promising long-term results in a study presented at the European Academy of Dermatology and Venereology Congress. The data shows sustained skin clearance with monthly maintenance dosing for up to three years.
Japan has become the second major market to approve Eli Lilly’s Kisunla (donanemab) for treating early-stage Alzheimer’s disease. The drug targets amyloid plaques in the brain, which are believed to contribute to the disease’s progression, and has shown promising results in slowing cognitive decline. This approval comes as the number of dementia cases in Japan is expected to exceed 5 million by 2030.
Eli Lilly is facing a $183 million judgment for allegedly defrauding Medicaid by underreporting drug prices. The case highlights the complexity of Medicaid’s rebate system and raises concerns about the potential for unintended consequences for other regulated companies. The pharmaceutical giant is appealing the verdict, arguing that it adhered to its interpretation of the regulations.
Eli Lilly and Company has received FDA approval for its IL-13 inhibitor, Ebglyss (lebrikizumab), to treat moderate-to-severe atopic dermatitis (eczema) in adults and children aged 12 and above. Ebglyss joins a growing list of new drug approvals for Lilly, including Mounjaro, Zepbound, Omvoh, and Jaypirca, all contributing to the company’s strong financial performance. The company’s stock has outperformed the industry, sector, and S&P 500, with its new drugs driving significant revenue growth.
The FDA has approved Eli Lilly’s Ebglyss (lebrikizumab-lbkz), a targeted IL-13 inhibitor, for adults and children with moderate-to-severe atopic dermatitis (eczema) that doesn’t respond well to topical treatments. Ebglyss targets eczema inflammation throughout the body, leading to significant improvement in skin dryness, itching, and irritation. The drug’s effectiveness was proven in clinical trials, with a substantial percentage of patients achieving clear or almost-clear skin and itch relief.
Eli Lilly and Co. has appointed Lucas Montarce as its new Chief Financial Officer, effective immediately. Montarce brings a wealth of experience from various leadership roles within the company, including international finance and pharmaceutical divisions. His appointment comes at a crucial time for Eli Lilly, which is navigating both significant growth in the weight loss market and regulatory hurdles for its Alzheimer’s drug. Montarce’s leadership will be key to managing these complexities and maintaining Lilly’s financial strength.
Eli Lilly’s stock price has encountered resistance at the $955 level, leading to a reversal and decline. This article explains the psychology behind this phenomenon, highlighting the role of sell orders and how traders can use this information to their advantage.
Eli Lilly and Company announced positive results from two Phase 3 clinical trials evaluating the efficacy and safety of their once-weekly insulin efsitora alfa (efsitora) in adults with type 2 diabetes. Both trials demonstrated non-inferior A1C reduction compared to existing insulin therapies, indicating efsitora’s potential as a new treatment option for managing blood sugar levels.
