Lilly Announces Top-Line Results of Solanezumab Phase 3 Clinical Trial

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Eli Lilly (LLY) PT Cut to $92 at Leerink Partners

November 23, 2016 2:57 PM EST

Leerink Partners analyst Seamus Fernandez lowered its price target on Eli Lilly (NYSE: LLY) to $92.00 (from $102.00) following the Sola failure but maintains a Outperform rating.

Fernandez commented, "LLY announced that solanezumab did not meet the primary endpoint in the Phase 3 EXPEDITION 3 study. Per our follow up... More

Eli Lilly & Co. (LLY) AD Portfolio Uncertain Following Sola Failure - Leerink

November 23, 2016 7:48 AM EST

Leerink Partners analyst Seamus Fernandez weighed in on Eli Lilly & Co. (NYSE: LLY) after sola failed, saying this makes the future of the company's AD portfolio uncertain.

Fernandez commeted, "This morning LLY announced that its EXPEDITION 3 trial of solanezumab (sola) did NOT... More

Eli Lilly & Co. (LLY) Sinks 11% on Solanezumab Failure

November 23, 2016 6:54 AM EST

Eli Lilly & Co. (NYSE: LLY) falls 11% after the company announced that solanezumab did not meet the primary endpoint in the EXPEDITION3 clinical trial, a phase 3 study of solanezumab in people with mild dementia due to Alzheimer's disease (AD).

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