Eli Lilly has some allies for a brewing fight with Medicare. Alzheimer's groups are ready to back Amyvid, the company's imaging agent, in hopes that the Centers for Medicare and Medicaid Services will decide to pay for a diagnostic test after all.
Eli Lilly CEO John Lechleiter is back on the job. Two months ago, Lechleiter bowed out for surgery on a dilated aorta, handing over the reins to CFO Derica Rice. Now, the company says he has the go-ahead to get back to his desk.
Medicare has put up a big roadblock to Eli Lilly's Alzheimer's screening product Amyvid. The Centers for Medicare & Medicaid Services says it will only pay for the diagnostic agent if patients using it are in clinical trials, at least for now.
The world's biggest drugmakers are hiring--even in the U.S. and Europe. As Genetic Engineering & Biotechnology News numbers show, the three most active recruiters have more than 5,000 positions to fill between them.
Eli Lilly is pitching in $10 million to fund the Indiana Biosciences Research Institute, a public-private life sciences organization launched by local luminaries Cook Medical, Biomet and Roche Diagnostics.
CHICAGO-- Diabetes partners Boehringer Ingelheim and Eli Lilly's empagliflozin held its own in a slate of Phase III trials, yet the available clinical data make it difficult to show how the experimental treatment stands out from the rest of the SGLT2 bunch.
CHICAGO-- Eli Lilly has highlighted upbeat data from three late-stage studies of its experimental drug dulaglutide, showing that the drug provided better blood-sugar control than Bristol-Myers Squibb's Byetta, Merck's Januvia and metformin.
Two patients have died unexpectedly after their Zyprexa Relprevv injections, and the FDA is now investigating. The agency says the patients died three to four days after receiving "an appropriate dose," and both had "very high" blood levels of olanzapine, the long-acting Zyprexa product's active ingredient.
Novo Nordisk's current blockbuster, Victoza, continues to rack up impressive sales increases despite the FDA's refusal to approve the Danish drugmaker's blockbuster hopeful Tresiba. But now, more trouble is looming, or so say analysts from Bank of America Merrill Lynch.
In yet another indication of the yawning gap between what drug developers know about Alzheimer's and how it could be treated, Eli Lilly today decided to scrap its Phase II study for a BACE inhibitor after gathering abnormal liver tests from patients.