Lilly - Somewhere Between a Home Run and a Bunt
Lilly (NYSE:LLY) reported last week that its Alzheimer's drug candidate solanezumab showed decidedly mixed performance in pivotal studies of mild-to-moderate patients. Like bapineuzumab, the drug that Johnson & Johnson (NYSE:JNJ) and Pfizer (NYSE:PFE) were attempting to develop for Alzheimer's, solanezumab failed to meet its primary endpoints. Unlike bapi, though, this drug seemed to slow the pace of decline in patients with mild cases.
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