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Eli Lilly rockets 14% after experimental Alzheimer's drug slows rate of decline in trial


Eli Lilly rockets 14% after experimental Alzheimer s drug slows rate of decline in trial
Ben WinckJan 12, 2021, 01:17 IST
FILE PHOTO: Lilly logo on a wall of Lilly France, part of Eli Lilly and Co, in Fegersheim, FranceReuters
Eli Lilly rallied as much as 13.8% on Monday after announcing its experimental
Alzheimer s drug significantly slowed the rate of decline in patients.
The drug slowed the decline in patients ability to think by 32% compared to a placebo in the phase 2 trial, according to a press release.
Lilly will present full trial results at a future meeting and submitted data for publication in a peer-reviewed journal. ....

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