Who: Eli Lilly
Based: United States
2006 Pipeline Budget: $3.47 billion (€2.37B)
2007 Pipeline News: Lilly's biggest hope right now is prasrugel, an anti-clotting drug designed to take on the blockbuster Plavix. In a recent trial prasugrel outperformed Plavix when it came to reducing the number of heart attacks and other significant events. However, prasrugel demonstrated an increased number of bleeding incidents [1], leading analysts to question whether the FDA will approve the drug. Other than prasrugel, analysts recently noted [2] that there are no other potential blockbusters in Lilly's pipeline. This is extremely bad news for Lilly: A series of upcoming patent expirations could potentially trim up to 60 percent of its revenue.
Pending approval:
Prasugrel - Acute coronary syndrome
Phase III:
Enzastaurin - Non-hodgkin's lymphoma
Arzoxifene - Osteoporosis & prevention of breast cancer
Inhaled insulin
Company Pipeline Site: Link [3]
Links:
[1] http://www.fiercebiotech.com/story/lilly-drug-outperforms-plavix-theres-catch/2007-11-05
[2] http://www.fiercebiotech.com/story/doubters-see-big-obstacles-lillys-prasrugel/2007-11-19
[3] http://investor.lilly.com/pipeline.cfm
[4] http://www.fiercebiotech.com/special-reports/10-bayer-top-15-r-d-budgets
[5] http://www.fiercebiotech.com/special-reports/top-15-r-d-budgets
[6] http://www.fiercebiotech.com/special-reports/12-wyeth-top-15-r-d-budgets