Eli Lilly didn’t wake up to a good day on Monday as shares plummeted after it was revealed that the Food and Drug Administration (FDA) has rejected the company’s drug baricitinib, to treat rheumatoid arthritis. Shares closed down more than 4% while shares of Incyte, Lilly’s partner on the drug, closed down almost 11%. According … Continue reading “Eli Lilly Shares Fall After FDA Rejection”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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