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Biotech / Medical : Eli Lilly
LLY 1,057+1.5%3:59 PM EST

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From: Moonray6/15/2020 10:33:26 PM
   of 642
 
Covid Report: Eli Lilly Says Its Arthritis Drug Could Tackle Coronavirus

Pharmaceutical giant Eli Lilly ( LLY) said Monday it's beginning a Phase 3 study
of its rheumatoid arthritis drug, Olumiant, in coronavirus treatment.

Lilly just enrolled the first out of 400 patients planned for the study. The pharma
company will test Olumiant as a coronavirus treatment in hospitalized patients.
Patients must have at least one marker of inflammation but don't need mechanical
ventilation.

Researchers will test whether Olumiant — an anti-inflammatory treatment — can
reduce heightened immune responses in patients with Covid-19. These immune
responses, known as cytokine storms, cause the body to attack itself.

More at: investors.com

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