Tag Archives: Eli Lilly

CNBC: Eli Lilly CEO aims to start testing coronavirus cure ‘this summer’

Eli Lilly CEO David Ricks told CNBC on Friday that his company aims to start testing a treatment for the globally spreading coronavirus in the coming months.

The pharmaceutical giant on Thursday announced that it has teamed up with the privately held AbCellera Biologics to co-develop a medicine for COVID-19, the disease caused by the virus that has sickened more than 137,000 people across the world and at least 1,700 in the U.S. as of Friday.

“The speed at which [pharma research] is unfolding is unprecedented in our industry. Literally, AbCellera started this work 11 days ago,” Ricks said in a phone interview with Jim Cramer on “Mad Money.” “We hope to be in a clinical trial this summer.”

Read entire article HERE.

Reuters: Lilly’s combo therapy succeeds in late-stage lung cancer study

Eli Lilly and Co’s combination cancer treatment met the main goal of a late-stage clinical trial testing it on patients with a form of lung cancer, the drugmaker announced on Tuesday.

Previously untreated patients with metastatic non-small cell lung cancer taking a combination of Lilly’s Cyramza and Roche’s erlotinib went longer before their disease started to worsen, study results showed.

Lung cancer is the leading cause of cancer death among both men and women, and each year, more people die of lung cancer than of colon, breast, and prostate cancers combined, according to the American Cancer Society.

Read entire article HERE.