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Biotech / Medical : Eli Lilly
LLY 1,075+0.4%3:43 PM EST

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To: Mel Spivak who wrote (267)7/17/1998 4:34:00 PM
From: Maxer  Read Replies (1) of 642
 
Mel-- interesting, but doubt this is it. From Motley Fool.

Inhale Therapeutic Systems (Nasdaq: INHL) picked up $3 1/2 to $31 1/4 a day after saying Phase IIb trials of its inhaled powder-form of insulin resulted in blood glucose control levels comparable to traditional insulin injections. The firm added that the 121 patient trial group "significantly favored" inhaling insulin instead of receiving injections.

Eli Lilly & Co. (NYSE: LLY) and Denmark's Novo-Nordisk (NYSE: NVO), which is also working on inhalable insulin with drug delivery systems developer Aradigm Corp. (Nasdaq: ARDM), currently dominate the $3 billion to $4 billion worldwide insulin market. Inhale Therapeutics said it will conduct more trials of the product with marketing partner Pfizer (NYSE: PFE) in November. Diabetics interested in participating in the trials can receive more information by calling (800) 438-1985.
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