Rochester, NY 7/11/2009 1:51:36 AM
News / Finance

Afternoon Results - LLY - Eli Lilly Announce Approval for Use of ALIMTA - Sourced WhisperFromWallStreet.com

Eli Lilly and Company

Afternoon Results - LLY - Eli Lilly Announce Approval for Use of ALIMTA - Sourced WhisperFromWallStreet.com

LILLY ELI CO,LLY

32.96 Down 0.04 (0.12%)  2:43pm ET

Eli Lilly and Companyc announced that the European Commission has granted approval for the use of ALIMTA (pemetrexed for injection) as monotherapy for maintenance treatment of patients with other than predominantly squamous cell histology in locally-advanced or metastatic non-small cell lung cancer (NSCLC), whose disease has not progressed immediately following platinum-based chemotherapy. This approval is based on data that showed pemetrexed improved overall survival in other than predominantly squamous NSCLC patients in the maintenance setting.    

Last Trade:      32.95                
Day's Range:    32.75 - 33.30
52wk Range:    27.21 - 49.78    
Volume:           3,823,197

ABOUT

Eli Lilly and Company develops, manufactures, and sells pharmaceutical products worldwide. It offers neuroscience products to treat schizophrenia, manic episodes, and bipolar maintenance; depression and diabetic peripheral neuropathic pain; attention-deficit hyperactivity disorder in children, adolescents, and adults; depression, bulimia nervosa, and obsessive-compulsive disorders; and bipolar depression. The company?s endocrinology products are used for diabetes; type 2 diabetes; osteoporosis in postmenopausal women; osteoporosis in postmenopausal women and men at high risk for fracture; and human growth hormone deficiency and idiopathic short stature. It also provides oncology products to prevent pancreatic, metastatic breast, non-small cell lung, ovarian, and bladder cancers; malignant pleural mesothelioma; and colorectal cancers, as well as offers cardiovascular products for treating erectile dysfunction, atherothrombotic events in patients with acute coronary syndromes undergoing percutaneous coronary invention and adults with severe sepsis at high risk of death.
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