Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Eli Lilly to study use of arthritis drug to treat COVID-19 [MarketWatch]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: MarketWatch
Eli Lilly and Co. said late Friday it has reached an agreement with the National Institutes of Health to study one of its drugs as a COVID-19 treatment. Baricitinib, marketed as Olumiant, is approved in more than 65 countries as a treatment for adults with moderately to severely active rheumatoid arthritis. The study to use it on COVID-19 patients involves those hospitalized because of the illness, and begins this month in the U.S. with a planned expansion to other countries, the company said. The results are expected within the next two months, Eli Lilly said. One of the warnings regarding the use of baricitinib includes the risk of developing serious infections, which could be related to the drug's effects on the immune system. "Given the inflammatory cascade seen in COVID-19, baricitinib's anti-inflammatory activity has been hypothesized to have a potential beneficial effect in COVID-19 and warrants further study in patients with this infection," the company said. Lilly said that b Show less Read more
Impact Snapshot
Event Time:
LLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LLY alerts
Opt-in for
LLY alerts

from News Quantified
Opt-in for
LLY alerts

from News Quantified