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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (227170)3/11/2003 12:51:08 PM
From: reaper  Read Replies (3) of 436258
 
i'm getting long some Lilly here; this news about the Zyprexa patent is completely irrelevant and this 2% selloff is hugely overdone...

10:02AM Eli Lilly pressured by Zyprexa concerns (LLY) 54.55 -1.45: Stock under pressure this morning. Contributing to weakness is Financial Times report that a patent protecting Zyprexa, a schizophrenia treatment that is Eli Lilly's biggest selling drug, is under greater than expected risk from a court challenge by a generic competitor. The claim that Lilly withheld information from US patent officials in order to obtain the patent for Zyprexa could have more substance than thought and could be a landmark case, according to a UBS Warburg review of court documents.

Cheers
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