LLY

Pharma

Lilly’s rheumatoid arthritis drug using JAK inhibitors gets positive 2b results

Eli Lilly‘s (NYSE:LLY) rheumatoid arthritis treatment developed by drug developer Incyte (NASDAQ:INCY) using oral janus-associated kinases, or JAK, inhibitors, has produced positive phase 2b results, according to a company statement. The results were presented at the European League Against Rheumatism’s Annual European Congress of Rheumatology. The randomized double-blind, placebo-controlled, dose-ranging study, known as JADA, involved […]

Pharma

Cardinal Health, Eli Lilly collaborate on Alzheimer’s imaging agent

Cardinal Health (NYSE:CAH) will manufacture and distribute a radioactive imaging agent from Eli Lilly (NYSE:LLY) that could help doctors diagnose Alzheimer’s disease. The imaging agent, called Amyvid, is scheduled for commercial launch on June 1, according to a statement from Dublin, Ohio-based Cardinal. Amyvid was approved by the U.S. Food and Drug Administration in April. […]

Devices & Diagnostics

Medtronic and Eli Lilly join hands to combat Parkinson’s Disease

Medtronic (NYSE:MDT) and Eli Lilly (NYSE:LLY) announced Tuesday that the companies are collaborating to find a new treatment for Parkinson’s Disease. The partnership aims to research and develop a new approach to treating the debilitating disease. The new approach involves delivering a potential new medicine to the brain using an implantable drug delivery system, according to a […]

Pharma

Veterinary products maker Aurora Pharmaceutical raising $5M

Two Northfield, Minnesota veterinarians, Mike Strobel and Mark Werner, are in the process of raising $5 million for their two-year-old Aurora Pharmaceutical as they seek to develop niche veterinary medicine products that will allow them compete with big pharmaceutical companies.

Pharma

Eli Lilly to pay up to $800M for Alzheimer’s tracing agent maker

Indianapolis drug maker Eli Lilly & Co. (NYSE:LLY) has agreed to pay up to $800 million for Avid Radiopharmaceuticals, the Philadelphia developer of a tracing agent that can help diagnose Alzheimer's disease. The tracing agent, florbetapir F 18 -- which last week topped the Cleveland Clinic's Top 10 Medical Innovations list for 2011 -- is coupled with a PET scan to allow doctors to see inside patients' brains to detect beta-amyloid plaques, the tell-tale signature of Alzheimer's.

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