Welcome to our dedicated page for Lilly Eli & Co news (Ticker: LLY), a resource for investors and traders seeking the latest updates and insights on Lilly Eli & Co stock.
Eli Lilly and Company (NYSE: LLY) generates frequent news across cardiometabolic health, oncology, immunology, obesity and manufacturing expansion. This page aggregates recent press releases and third-party coverage so readers can follow how Lilly’s medicines, clinical programs and corporate actions are evolving over time.
Recent updates show Lilly reporting Phase 3 results for multiple late-stage assets. In obesity and cardiometabolic health, the company has shared topline data from ATTAIN-MAINTAIN, a Phase 3 trial of orforglipron, an investigational once-daily oral GLP-1 receptor agonist, for weight maintenance after prior treatment with injectable incretin therapies. Lilly has also reported results from TRIUMPH-4, a Phase 3 trial of retatrutide, an investigational triple agonist targeting GIP, GLP-1 and glucagon receptors, in adults with obesity or overweight and knee osteoarthritis, with co-primary endpoints in weight loss and pain reduction.
In immunology, Lilly has announced positive topline results from the TOGETHER-PsA Phase 3b trial, which evaluated concomitant use of Taltz (ixekizumab) and Zepbound (tirzepatide) versus Taltz alone in adults with active psoriatic arthritis and obesity or overweight with at least one weight-related condition. The company reports that the combination met the primary endpoint and all key secondary endpoints, supporting an integrated approach to treating psoriatic arthritis and obesity.
Oncology news includes updated EMBER-3 data for Inluriyo (imlunestrant) as monotherapy and in combination with Verzenio (abemaciclib) in ER-positive, HER2-negative advanced breast cancer, and Phase 3 BRUIN CLL-313 results showing that Jaypirca (pirtobrutinib) significantly reduced the risk of progression or death versus chemoimmunotherapy in treatment-naïve CLL/SLL without 17p deletions.
Corporate and strategic news items cover Lilly’s planned acquisition of Ventyx Biosciences, completion of the Adverum Biotechnologies tender offer, a strategic collaboration with Aktis Oncology, and a major manufacturing investment in a new active pharmaceutical ingredient facility in Huntsville, Alabama. Investors and observers can use this news feed to monitor clinical milestones, regulatory submissions, acquisitions, collaborations, financing activities and manufacturing expansions related to LLY.
Eagle Pharmaceuticals has launched PEMFEXY (pemetrexed for injection), a new treatment for nonsquamous non-small cell lung cancer and mesothelioma. Sales started today, following FDA approval and a settlement with Eli Lilly. The U.S. market for ALIMTA, a competitor, reached $1.2 billion in the past year. The company anticipates substantial revenue growth from PEMFEXY in 2022. With a unique J-code, PEMFEXY is positioned to benefit both patients and providers in the oncology market.
Eli Lilly plans to invest over $1 billion in a new manufacturing site in Concord, North Carolina, creating nearly 600 new jobs. This facility aims to enhance manufacturing capacity for injectable products and leverage advanced technology. The decision reflects Lilly's commitment to growth in the pharmaceutical sector and its ongoing investments in North Carolina, totaling over $4 billion in the past five years. The investment is contingent on local government approvals, and an additional $500 million will be spent on a biopharmaceutical facility in Ireland.
Eli Lilly and Incyte provided updates on the Phase 3 development for OLUMIANT (baricitinib) in systemic lupus erythematosus (SLE) and atopic dermatitis. The Phase 3 lupus program has been discontinued after the SLE-BRAVE-I study met its primary endpoint, while SLE-BRAVE-II did not. Ongoing discussions with the FDA may lead to a Complete Response Letter for the atopic dermatitis sNDA due to lack of alignment on the indicated population. Lilly remains committed to other research with OLUMIANT, including potential regulatory approvals for COVID-19 and alopecia areata in 2022.
Eli Lilly and Company (NYSE: LLY) will announce its fourth-quarter and full-year 2021 financial results on February 3, 2022. A conference call is scheduled for 9 a.m. Eastern time on the same day, accessible via a live webcast on Lilly's website. The call will provide detailed insights into the company's financial performance for the year. Investors and the public are invited to participate, and a replay will be available afterward.
Eli Lilly and Company (NYSE: LLY) will participate in the 40th Annual J.P. Morgan Virtual Healthcare Conference on January 11, 2022. David A. Ricks, chairman and CEO, will engage in a virtual fireside chat at 4:30 p.m. Eastern Time. Interested parties can listen to the live audio webcast on Lilly's Investor website, with a replay available for approximately 30 days thereafter. Lilly, a global healthcare leader, continues its mission to develop medicines that improve lives worldwide. More information can be found at www.lilly.com.
Eli Lilly has acquired exclusive rights to Entos Pharmaceuticals' Fusogenix nucleic acid delivery technology. This partnership aims to develop nucleic acid products targeting the central and peripheral nervous systems. Lilly will invest $50 million upfront and may pay up to $400 million in milestones, alongside royalties on successful products. The collaboration seeks to address significant challenges in nucleic acid-based therapies. Despite this acquisition, Lilly's non-GAAP earnings guidance for 2021 and 2022 remains unchanged.
Eli Lilly's lebrikizumab, an IL-13 inhibitor, showed significant improvement in atopic dermatitis (AD) severity when combined with topical corticosteroids in the third pivotal Phase 3 trial (ADhere). By Week 16, all primary and key secondary endpoints were met, including substantial skin improvement and itch relief. Safety results were consistent with prior studies, with common adverse events like conjunctivitis. Pending completion of ongoing trials, regulatory submissions are expected in 2022, enhancing treatment options for patients with moderate-to-severe AD.
Eli Lilly and Company (NYSE: LLY) announced updates on its research and development programs at an investment community meeting. The company is on track to launch 20 new medicines by 2023, with 16 launched since 2014 and five expected soon, including tirzepatide. Lilly updated its 2021 and 2022 financial guidance, projecting earnings per share (EPS) of $6.18 to $6.23 for 2021 and $8.00 to $8.15 for 2022. Revenue for 2021 is estimated at $28.0 to $28.3 billion, driven by strong product uptake, despite expected declines in Alimta and COVID-19 antibody revenue.
Eli Lilly and Company (NYSE: LLY) announced successful results from the Phase 3 maintenance study of mirikizumab for ulcerative colitis (UC). In the LUCENT-2 trial, patients receiving mirikizumab showed a statistically significant higher rate of clinical remission at one year compared to placebo (p0.001). All key secondary endpoints were also met, demonstrating improvements in endoscopic and histologic measures. The drug's safety profile was consistent with previous studies. Lilly plans to file a Biologics License Application with the FDA in early 2022, marking a potential significant advancement in UC treatment.
Eli Lilly has announced a 15% increase in its quarterly dividend, declaring a payment of $0.98 per share for Q1 2022. This dividend will be payable on March 10, 2022, to shareholders recorded by the close of business on February 15, 2022. The increase reflects Lilly's commitment to return value to shareholders amidst its ongoing commitment to healthcare innovation.