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Biotech / Medical : Micrologix biotech -- Ignore unavailable to you. Want to Upgrade?


To: Carter Berezay who wrote (768)6/13/2001 9:27:46 AM
From: Carter Berezay  Read Replies (2) | Respond to of 792
 
NEW YORK, June 13 (Reuters) - Eli Lilly and Co. (NYSE:LLY - news) slumped in pre-open trading on Wednesday after it said that U.S. regulators extended their review date for its application for a treatment of sepsis.

Eli Lilly said the action came because regulators needed more time to look at what the drug maker called ``a new class of drug for a complex disease state.'' Eli Lilly's shares fell to $82.50 on the Instinet electronic brokerage system from Tuesday's close of $86.50.

Makes MBI-226 look a lot better. Eli Lilly is years behind with their cure.

Carter B.