Schrödinger stock skyrockets as Novartis invests billions in new partnership

Pallavi Madhiraju- November 12, 2024 0

In a landmark development, Schrödinger, Inc. has entered into a multi-target research collaboration and expanded software licensing agreement with Novartis AG, potentially valued at up ... Read More

Eli Lilly’s stock plummets over missed sales forecasts for Mounjaro, Zepbound – what’s next for the pharma giant?

Pallavi Madhiraju- October 30, 2024 0

Eli Lilly & Co. has faced a dramatic drop in its stock price, tumbling over 10% following a critical earnings report that highlighted missed revenue ... Read More

AbbVie makes bold move in Alzheimer’s market with $1.4bn Aliada buyout—Is it a gamble?

Pallavi Madhiraju- October 28, 2024 0

AbbVie, the renowned American biopharmaceutical giant, is set to acquire Aliada Therapeutics for a staggering $1.4 billion. The acquisition grants AbbVie control over Aliada’s promising ... Read More

UK approves Lilly’s Alzheimer’s drug but labels it ‘too expensive’ for NHS use

Pallavi Madhiraju- October 23, 2024 0

The UK has approved Eli Lilly's new Alzheimer’s treatment, donanemab, which has shown promise in slowing cognitive decline. However, the National Institute for Health and ... Read More

New hope for eczema sufferers as FDA approves Eli Lilly’s EBGLYSS

Pallavi Madhiraju- September 14, 2024 0

Eli Lilly and Company (Lilly) has secured approval from the U.S. Food and Drug Administration (FDA) for its new biologic treatment, EBGLYSS (lebrikizumab-lbkz), for moderate-to-severe ... Read More

Eli Lilly to expand manufacturing with $1bn investment in Ireland to boost Alzheimer’s drug production

Pallavi Madhiraju- September 14, 2024 0

Eli Lilly and Company (NYSE: LLY) has announced a substantial $1 billion investment to expand its Limerick, Ireland, manufacturing site, which will increase the production ... Read More

Eli Lilly completes $3.2 billion acquisition of Morphic to enhance IBD treatments

Pallavi Madhiraju- August 18, 2024 0

Eli Lilly and Company has finalised its acquisition of Morphic Holding, Inc. in a landmark $3.2 billion deal, aimed at enhancing treatment options for inflammatory ... Read More

Eli Lilly to acquire Morphic in $3.2bn deal to expand integrin therapy development

Pallavi Madhiraju- July 9, 2024 0

In a major strategic move, Eli Lilly and Company (NYSE: LLY) has announced a definitive agreement to acquire Morphic Holding, Inc. (NASDAQ: MORF), a biopharmaceutical ... Read More

FDA approves Eli Lilly’s Kisunla for Alzheimer’s treatment

Pallavi Madhiraju- July 4, 2024 0

The U.S. Food and Drug Administration (FDA) has approved Kisunla (donanemab-azbt), an Alzheimer's treatment developed by Eli Lilly and Company (NYSE: LLY). This treatment, specifically ... Read More

Eli Lilly’s tirzepatide shows promising results for obstructive sleep apnea in latest clinical trials

Pallavi Madhiraju- June 24, 2024 0

Eli Lilly and Company (NYSE: LLY) has announced promising results from the SURMOUNT-OSA phase 3 clinical trials of tirzepatide, a novel treatment aimed at moderate-to-severe ... Read More