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VisitHow will Eli Lilly's stock price react within a week of UK MHRA's decision on donanemab?
Increases by more than 10% • 25%
Increases by 5-10% • 25%
Changes by less than 5% • 25%
Decreases • 25%
Stock market data from major financial news outlets
Eli Lilly's Donanemab Claimed to Prevent Alzheimer's Despite Limited Data
Oct 13, 2024, 10:02 AM
In a December 2023 meeting with Conservative minister Victoria Atkins, Eli Lilly's CEO David Ricks stated that the company's new drug, donanemab, has the potential to prevent Alzheimer's by treating individuals before symptoms develop. The pharmaceutical company communicated this to the UK health secretary, emphasizing the drug's potential as a preventive treatment. However, an Oxford economist has expressed concerns that Britain might miss the opportunity to fully capitalize on this medical breakthrough. Despite these claims, there is limited data to support the drug's efficacy, as revealed through freedom of information requests.
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