Lilly's (LLY) Solanezumab Phase 3 Miss is Credit-Negative Event - Moody's
Moody's Investor Service commented that Eli Lilly and Company's (NYSE: LLY) announcement that its experimental Alzheimer's disease drug solanezumab did not meet the endpoint in a Phase III trial is credit negative. There is no effect on Lilly's A2 rating or stable rating outlook.
