Eli Lilly (LLY) PT Cut to $92 at Leerink Partners
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Lilly Announces Top-Line Results of Solanezumab Phase 3 Clinical Trial
November 23, 2016 6:45 AM ESTINDIANAPOLIS, Nov. 23, 2016 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today 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).
Patients treated with solanezumab did not experience a statistically significant slowing in cognitive decline compared to patients treated with placebo (p=.095), as measured by the ADAS-Cog14 (Alzheimer's Disease Assessment Scale-Cognitive subscale).
While the study results, including many secondary... More
