FDA approves Eli Lilly Alzheimer’s drug, expanding treatment options in the U.S. [MSNBC.com]
Eli Lilly and Company (LLY)
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Source: MSNBC.com
In this articleA sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.Scott Olson | Getty ImagesThe Food and Drug Administration on Tuesday approvedThe agency approved the treatment, which will be sold under the brand name Kisunla, for adults with early symptomatic Alzheimer's disease, according to the company.Nearly7 millionfifth-leading cause of death"This is real progress. Today's approval allows people more options and greater opportunity to have more time," said Joanne Pike, president and CEO of the Alzheimer's Association. "Having multiple treatment options is the kind of advancement we've all been waiting for — all of us who have been touched, even blindsided, by this difficult and devastating disease."It's a long-awaited win for Eli Lilly after donanemab faced obstacles in its path to market. The FDA rejected the drug's approval last year due to insufficient data, then surprisinglydelayedrecommen
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News
- Eli Lilly and Company (NYSE: LLY) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $1,023.00 price target on the stock.MarketBeat
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LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 7/3/24 - Form 4
- 7/2/24 - Form 4
- 7/1/24 - Form 4
- LLY's page on the SEC website