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Analyst Sees Eli Lilly Fairly Valued At $81 Per Share, Downgrades To Hold
Thursday, April 27, 2017 - 10:06am | 363Argus analyst Katelyn Bayone believes shares of Eli Lilly and Co (NYSE: LLY) are fairly valued at around $81, which prompted her to downgrade the stock from Buy to Hold. According to Bayone, shares are trading near their 52-week high and also at a superior valuation versus its peers. In fact, the...
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Taking A Clinical Road Less Traveled: Neurotrope Hopes To Succeed In Alzheimer's Where Competitors Fail
Monday, January 30, 2017 - 3:04pm | 1344Alzheimer's has proven to be one of the most stubborn diseases known to modern medicine. An incurable, devastating illness that inspires frustration — even anger — against and from the scientific community itself, which has failed to develop new, effective therapies. Susanne...
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AC Immune Out Positive On Crenezumab; What Does It Mean?
Monday, December 12, 2016 - 11:05am | 339Shares of AC Immune Ltd (NASDAQ: ACIU), a medical biotechnology company that focuses on the treatment of Alzheimer's disease (AD) and other neurodegenerative diseases, soared higher by more than 23 percent after the company's partner Genentech published an editorial. AC Immune and Genentech have...
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Despite Drug Trial Miss, Here's Why Biogen Should Trade Higher
Friday, December 9, 2016 - 2:18pm | 203BMO Capital Markets said Biogen Inc (NASDAQ: BIIB) shares should trade higher, despite a recent drug trial miss, on CTAD data (Clinical Trials on Alzheimer's Disease). The CTAD data show: “Solanezumab caused small yet consistent improvements on secondary endpoints, including CDR-SB (...
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Experts React To Concerning Alzheimer's News From Eli Lilly
Friday, November 25, 2016 - 9:39am | 445Eli Lilly and Co (NYSE: LLY) fell steeply Wednesday after it announced that its Alzheimer's disease treatment candidate solanezumab didn't meet the primary endpoint in a late-stage clinical trial dubbed EXPEDITION3. In a sympathy move, Biogen Inc (NASDAQ: BIIB) also traded notably lower. Is the...
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Eli Lilly's Solanezumab Failure: Alzheimer's Treatment Space Feels Aftershock
Wednesday, November 23, 2016 - 2:22pm | 263After Eli Lilly and Co (NYSE: LLY) earlier announce the failure of its Alzeheimer’s candidate solanezumab, the entire Alzheimer's sector could feel the aftershocks. While some of the players have since recovered from early morning drops, a few are still in the red in early Wednesday...
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Eli Lilly's Solanezumab Failure Is Bad News For Biogen
Wednesday, November 23, 2016 - 10:14am | 301Biogen Inc (NASDAQ: BIIB) is sliding more than 8 percent in a sympathy move after Eli Lilly and Co (NYSE: LLY) announced its Alzheimer's disease treatment candidate solanezumab didn't meet the primary endpoint in a late-stage clinical trial dubbed EXPEDITION3. Elaborating on the...
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Eli Lilly Plunges 15% After Alzheimer's Study Fails To Meet Goals
Wednesday, November 23, 2016 - 8:45am | 280Eli Lilly and Co (NYSE: LLY) plunged 15 percent in the pre-market hours Wednesday after the company’s drug solanezumab failed to meet primary endpoint for the treatment of mild dementia due to Alzheimer's disease in a late-stage study. “Patients treated with solanezumab did not...
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Eli Lilly Is Entering A Period Of Accelerated Growth; Goldman Upgrades Stock To Buy
Tuesday, September 27, 2016 - 8:08am | 288Eli Lilly and Co (NYSE: LLY) seems to be entering “a long lasting period of accelerating revenue and EPS growth driven by a diversified late stage pipeline propelling many years of margin expansion,” Goldman Sachs’ Jami Rubin said in a report. He upgraded the rating on the...
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New Upside Potential Drives JPMorgan's Eli Lilly Upgrade
Thursday, September 8, 2016 - 1:14pm | 467JPMorgan has upgraded Eli Lilly and Co (NYSE: LLY) to Overweight from Neutral based on the potential for new product driven upside to estimates in 2017 and beyond. The brokerage's bullish thesis also reflects a favorable risk/reward for solanezumab data in Alzheimer patients late this year. Notably...
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The Heart Of Major Pharma Q1 Earnings Season: Eli Lilly, AbbVie, Bristol-Myers
Monday, April 25, 2016 - 1:57pm | 335The meat of large-cap pharmaceutical earnings season starts this week. Johnson & Johnson (NYSE: JNJ)’s strong Q1 report last week has Credit Suisse analyst Vamil Divan hopeful that AbbVie Inc (NYSE: ABBV), Bristol-Myers Squibb Co (NYSE: BMY) and Eli Lilly and Co (NYSE: LLY) will be able...
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Biotech Conference Suggests Tempering Expectations For Eli Lilly Drug
Tuesday, February 16, 2016 - 2:47pm | 307According to a recent note out by Leerink, investor expectations toward one of Eli Lilly and Co (NYSE: LLY)'s drugs may need to be readjusted. During a biotech conference, panelists provided updates on Lilly's solanezumab, telling investors that the drug, while likely to be approved,...
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Eli Lilly Tries Again with Alzheimer's Drug as the Race for a Cure Continues (LLY)
Tuesday, July 16, 2013 - 11:30am | 536Eli Lilly & Co. (NYSE: LLY) planned to go back to the drawing board with its new experimental Alzheimer’s drug, according Bloomberg. The drug, solanezumab, which was not successful with advanced Alzheimer’s patients, will be tested in patients who show signs of early stages of the disease...
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Stocks Paul Ryan Would Pick
Wednesday, August 29, 2012 - 1:07pm | 772Editor's note: This is the first in a series of articles that will be appearing on Benzinga.com over the next few months. Based on Paul Ryan's sentiments and personal history, the following companies would make a nice, diverse portfolio for vice presidential nominee. Shares of the following...
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Jefferies Maintains Underperform on Eli Lilly
Friday, August 24, 2012 - 9:11am | 128Jefferies & Company published a note Friday on Eli Lilly (NYSE: LLY) that commented on benefits from solanezumab in mild patients. In the report, Jefferies wrote, "Eli Lilly announced mixed headline data from solanezumab in Alzheimer's disease. Both studies failed to meet the primary endpoints...