Lilly Alzheimer’s Drug Delayed on Need for Added Study
This article is for subscribers only.
Eli Lilly & Co. said it will conduct an additional late-stage study of its experimental Alzheimer’s treatment, a move that could push the drug’s introduction back three years to 2016. The shares fell.
Lilly doesn’t believe it has enough data to gain U.S. marketing clearance for the medicine, based on conversations with the Food and Drug Administration, the Indianapolis-based company said in a statement today.