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Eli Lilly & Co.

Eli Lilly has positive once-weekly insulin data

September 5, 2024 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) today announced positive results from phase 3 clinical trials evaluating its once-weekly insulin efsitora alfa. The Indianapolis-based pharmaceutical giant evaluated its once-weekly insulin in insulin-naïve adults in the QWINT-1 study. These adults have type 2 diabetes and are using basal insulin for the first time. Additionally, Eli Lilly’s QWINT-3 trial looked at […]

Filed Under: Clinical Trials, Diabetes, Drug-Device Combinations, Pharmaceuticals Tagged With: Eli Lilly, Eli Lilly & Co.

Eli Lilly acquires new injectable medicine manufacturing plant

April 22, 2024 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) announced today that it agreed to acquire a manufacturing facility from sterile manufacturer Nexus. Buying the FDA-approved facility in Pleasant Prairie, Wisconsin, further expands Lilly’s global parenteral (injectable) manufacturing network. It also supports increased demand for the company’s medicines, Lilly said in a news release. The company expects that production at the […]

Filed Under: Business/Financial News, Pharmaceuticals Tagged With: Eli Lilly, Eli Lilly & Co.

The biggest stories from the American Diabetes Association (ADA) 2023 Scientific Sessions

June 30, 2023 By Sean Whooley

American Diabetes Association ADA 2023 Medtronic MiniMed 780G Insulet Omnipod 5 Senseonics Eversense E3 GLP-1s

As it does every year, this past week, the American Diabetes Association convened its Scientific Sessions to bring together leaders in the diabetes space. At last year’s event, next-generation technologies from the big hitters took the spotlight. The 83rd iteration this past week produced a range of new studies, product updates and positive news for […]

Filed Under: Business/Financial News, Clinical Trials, Diabetes, Drug-Device Combinations, Featured, Patient Monitoring, Pediatrics, Pharmaceuticals, Surgical, Technology, Wall Street Beat Tagged With: abbott, ADA 2023, American Diabetes Association, Bigfoot Biomedical, Dexcom, Eli Lilly & Co., Fractyl Health, Insulet, Medtronic, Novo Nordisk, Senseonics, Sernova Inc, Vida Health, Virta Health

Lilly to acquire Sigilon, cell therapy for treating diabetes

June 29, 2023 By Sean Whooley

Eli Lilly Sigilon logo

Eli Lilly (NYSE:LLY) announced today that it entered a definitive agreement to acquire biopharmaceutical company Sigilon. Cambridge, Massachusetts-based Sigilon seeks to develop functional cures for patients with a range of acute and chronic diseases. The two companies have collaborated since 2018 to develop encapsulated cell therapies, including SIG-002. These therapies aim to treat type 1 […]

Filed Under: Business/Financial News, Diabetes, Featured, Mergers & Acquisitions, Pharmaceuticals, Stem Cells Tagged With: Eli Lilly, Eli Lilly & Co., sigilontherapeutics

Eli Lilly, ADA and Red Sox star Adam Duvall launch insulin affordability awareness program

June 20, 2023 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) and the American Diabetes Association partnered with MLB player Adam Duvall to increase insulin affordability awareness. Lilly, ADA and Duvall agreed to launch a nationwide effort to highlight affordable insulin for all living with diabetes. This effort comes on the heels of Lilly’s announcement in March that it planned to significantly cut […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured Tagged With: American Diabetes Association, Eli Lilly, Eli Lilly & Co.

Eli Lilly is cutting the price of insulin by 70%

March 1, 2023 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) announced today that it plans to execute price reductions of 70% for its most commonly prescribed insulins. Indianapolis-based Lilly also plans to expand its Insulin Value Program. This caps patient out-of-pocket costs at $35 or less per month. The company said it took these actions to “help Americans” in a “complex healthcare […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, Pharmaceuticals Tagged With: Eli Lilly, Eli Lilly & Co.

Eli Lilly to invest $450M in North Carolina diabetes treatment manufacturing facility

January 24, 2023 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) announced today that it plans to invest an additional $450 million at a North Carolina manufacturing facility. Lilly expects the investment to create at least 100 new jobs at the Research Triangle Park, North Carolina, plant. Its expansion includes additional parenteral filling, device assembly and packaging capacity. Indianapolis-based Lilly said this expansion […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, Pharmaceuticals Tagged With: Eli Lilly, Eli Lilly & Co.

Eli Lilly discontinues Ypsomed collaboration to pursue its own U.S. insulin pump offering

December 9, 2022 By Sean Whooley

Ypsomed Eli Lilly

Ypsomed announced today that Eli Lilly (NYSE:LLY) elected to stop their joint project to enter the U.S. insulin pump market. In November 2020, the companies entered into a commercialization agreement. The agreement entailed registering and commercializing Ypsomed’s YpsoPump under Lilly’s branding in the U.S. Ypsomed said that, over the past two years, it customized its […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, Technology Tagged With: Eli Lilly, Eli Lilly & Co., Ypsomed

Glooko adds former Eli Lilly exec to its board of directors

April 27, 2022 By Sean Whooley

Glooko Logo

Diabetes management technology developer Glooko announced today that it appointed Alfonso “Chito” Zulueta to its board of directors. Zulueta joins Palo Alto, California-based Glooko’s board having spent more than 30 years with Eli Lilly and Company, serving as a senior executive across an array of global business and commercial units. According to a news release, […]

Filed Under: Business/Financial News, Diabetes, Featured, Patient Monitoring, Technology Tagged With: Eli Lilly, Eli Lilly & Co., glooko, Personnel, Personnel Moves

Eli Lilly to build $1B manufacturing facility for injectable products, devices in North Carolina

January 28, 2022 By Sean Whooley

Eli Lilly

Eli Lilly (NYSE:LLY) announced today that it plans to invest more than $1 billion to create a new manufacturing site in North Carolina. Indianapolis-based Eli Lilly’s new facility, which it expects will create nearly 600 jobs in Concord, North Carolina, will manufacture parenteral (injectable) products and devices while increasing the company’s manufacturing capacity. The company […]

Filed Under: Auto-injectors, Business/Financial News, Drug-Device Combinations, Featured, Personnel, Pharmaceuticals Tagged With: Eli Lilly, Eli Lilly & Co.

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