Lilly moves toward psoriasis showdown with Novartis in EU

Look out, Novartis ($NVS). Eli Lilly ($LLY) is now one step closer in the EU to challenging the Swiss pharma's new psoriasis standout, Cosentyx, with its own next-gen therapy, ixekizumab. The European Medicines Agency (EMA)'s Committee for Medicinal Products for Human Use (CHMP) has backed a go-ahead for the therapy, and regulators typically green-light recommended approvals within three months. More from FierceBiotech

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