Analyst: Lilly drug poised for continued growth

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Eli Lilly and Co.'s lung cancer treatment Alimta is poised for continued growth based on recently released study data, according to a Credit Suisse analyst report.

Indianapolis-based Lilly presented study results earlier this month on the use of Alimta as a maintenance therapy to keep the cancer from progressing after the drug also was used as a first option to treat patients.

Alimta is already approved to treat patients with a subset of non-small cell lung cancer as both a first-line treatment or a second option when the disease progresses. It also can be used as a maintenance treatment, but Lilly is seeking to update the drug's label to make it clear that Alimta can be used in this role when it also was used as a first-line treatment.

Analyst Catherine Arnold said in a research note Wednesday that other therapies will replace Alimta as a first-line treatment for the disease, but it will still treat a majority of the patients. She also said study results showed a strong improvement in progression-free survival when Alimta is used as a maintenance treatment, and the new data "reaffirms our positive view on the continued growth of Alimta."

Alimta is one of Lilly's top-selling drugs. It generated about $580 million in sales in the first quarter and $2.21 billion last year.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In