Eli Lilly Slicing Insulin Costs

Eli Lilly Slicing Insulin Costs

Eli Lilly will be cutting prices for older formulae of insulin later this year, and capping prices on other prescriptions for more patients. Many people with diabetes face thousands of dollars in annual costs for the insulin that keeps them alive. Before the 1992...
Failed Alzheimer’s Treatment Causes Stocks to Plunge

Failed Alzheimer’s Treatment Causes Stocks to Plunge

Eli Lilly and Co. have announced that their experimental Alzheimer’s treatment has failed to slow mental deterioration in its latest study. Consequently, Lilly shares dropped 11.7 percent on Wednesday. The announcement also caused a 4.3 percent drop in Biogen shares....