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LLY Eli Lilly and Co

740.00
-15.91 (-2.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eli Lilly and Co NYSE:LLY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -15.91 -2.10% 740.00 745.00 730.34 743.10 4,593,881 01:00:00

Eli Lilly, Incyte Find Covid-19 Treatment Reduces Hospital Time

14/09/2020 12:12pm

Dow Jones News


Eli Lilly (NYSE:LLY)
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By Matt Grossman

 

Eli Lilly & Co. and Incyte Corp. said Monday that their trial of a treatment for Covid-19 successfully reduced the amount of time it took for patients to recover.

In the trial of more than 1,000 patients, people hospitalized with Covid-19 were given a 4-milligram dose of baricitinib plus remdesivir. The treatment led to recoveries that were about one day quicker, at the median, than those of patients who only got remdesivir.

The National Institute of Allergy and Infectious Diseases, which sponsored the trial, will publish the results in a journal, the companies said.

Eli Lilly said it will discuss an emergency-use authorization for 4-mg doses of baricitinib with the Food and Drug Administration. In the U.S., the drug is already approved in 2-mg doses to tread rheumatoid arthritis. Eli Lilly said the supply of the drug for patients with that disease will remain adequate.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

September 14, 2020 06:57 ET (10:57 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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