Posts Tagged "experimental drug"

Eli Lilly Stops Development Of An Alzheimer's Drug

Posted on Sep 10, 2010 in Chronic Disease

by Peter Loftus Eli Lilly & Co. (LLY) said it halted development of an experimental drug for Alzheimer’s disease after studies showed it worsened patients’ conditions and was associated with an increased risk of skin cancer. The news underscores the difficulty in coming up with effective new treatments for the memory-robbing brain condition that mainly strikes the elderly, even amid advances in diagnosing the disease at earlier stages. The disappointment also adds to the business challenges for Indianapolis-based Lilly. In recent days, the company has lost court rulings in...

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