23.11.2016 17:10:00
|
Eli Lilly and Company -- Moody's: Lilly's solanezumab failure is credit negative
New York, November 23, 2016 -- Moody's Investor Service commented that Eli Lilly and Company's announcement that its experimental Alzheimer's disease drug solanezumab did not meet the endpoint in a Phase III trial is credit negative. There is no effect on Lilly's A2 rating or stable rating outlook.