Indiana Public Retirement System secures $69M settlement with pharma company
The company was accused of making false statements regarding the safety of one of its drugs, leading investors to purchase stocks they otherwise would not have.
Read MoreThe company was accused of making false statements regarding the safety of one of its drugs, leading investors to purchase stocks they otherwise would not have.
Read MoreNovo argues that Eli Lilly’s advertisements for its GLP-1 drugs are “deliberately simple and deliberately false,” causing harm to both Novo and “the patients Lilly deceives.”
Read MoreIndiana’s pharmacy regulators reluctantly approved the disciplinary settlement over what they describe as one of the largest known drug theft cases in state history.
The appellate court held that Teva plausibly alleged that Lilly breached the two companies’ 2018 settlement agreement, which stipulated that Lilly would not interfere with Teva getting approval for a generic version of Lilly’s osteoporosis drug, Forteo.
Under the proposed rule, the Centers for Medicare & Medicaid Services would change the formula for what hospitals participating in the program can get reimbursed, in an effort to cut costs for patients.
Elanco Animal Health Inc. is among the companies taking a leading role in combating the re-emergence of deadly New World screwworm that was pushed out of the United States six decades ago.
The drugmaker is restricting access to a drug discount program intended for safety-net hospitals in a move the company says is needed to identify waste, fraud and abuse.
A race is shaping up among drug manufacturers that are vying to roll out better options when it comes to weight-loss drugs.
At the American Diabetes Association meeting in New Orleans, market leader Eli Lilly and Co. asserted its dominance in the weight-loss market.
After transforming the treatment of diabetes and weight loss, a growing body of research is raising the possibility that these drugs may help protect against cancer.
The company, which is owned by biopharmaceutical giant Bristol Myers Squibb Co., is working on an incentive package with Whitestown officials that includes tax abatements for construction and new equipment for two buildings.
Eli Lilly and Co. this month unveiled startling new data for an experimental weight-loss drug. The breakthrough also is prompting some doctors to urge caution.
Tens of millions of people are now taking the medications worldwide, turning what began as obesity and diabetes treatments into what could be modern medicine’s largest unplanned neuroscience experiments.
The Indianapolis drugmaker is purchasing Curevo Inc., LimmaTech Biologics AG and Vaccine Co. Inc. to expand its research and development efforts in infectious disease.
Deal after deal, Eli Lilly and Co. is using the fruits of its success from developing blockbuster GLP-1 medicines to prepare for its next chapter and build a bridge over a looming patent cliff.
The Indianapolis-based company has announced the phased launch of Befrena, a monoclonal antibody injection for treating canine allergic and atopic dermatitis.
The case against Lilly centered on the rebates that drug companies must pay to state Medicaid programs to subsidize some of the cost.
The Indianapolis-based drugmaker is marking 150 years since Col. Eli Lilly founded his company on May 10, 1876.
The move comes as Lilly has embarked on a spree of large acquisitions, including two of its most-expensive transactions ever.
Demand for drugs to combat ticks and other pests was a major factor boosting Elanco Animal Health Inc.’s first quarter results, company executives said Wednesday.
Lilly’s latest commitment at the LEAP District brings the company’s total investment there since 2022 to $18 billion.
The potential savings estimated would be substantial as Americans spent $467 billion on prescription drugs in 2024, according to the most recent government data available.