Less Ads, More Data, More Tools Register for FREE

Eli Lilly's Covid-19 antibody treatment shows promise, company says

Thu, 08th Oct 2020 11:42

(Sharecast News) - US drug giant Eli Lilly's monoclonal antibody treatment is effective in reducing levels of the novel coronavirus in patients and appears to be able to keep them from having to go go the emergency room or hospital, the company said.
On Wednesday, the firm said that a combination of two antibodies, against treatment with just one, which had already been tested, appeared to be more "robust".

Its results, for which only limited data has yet been provided, appeared to be in line with others from rival Regeneron from that company's own cocktail of monoclonal antibody treatment.

Preliminary findings showed that the amount of virus in patients' nasal swabs reduced after 11 days.

A "statistically significant" reduction in viral levels was also evident three and seven days following infection, the 268 patient strong study showed.

Elli Lilly is in talks for its single antibody treatment with regulators globally and has already filed for emergency use authorisation with the US Food and Drug Administration.

The company expects to file for EUA for its cocktail treatment from the FDA in November and for full approval by mid-2021.

As many as 1.0m doses of the single antibody version of the treatment, LY-CoV555, may be available by the last quarter of 2020 and 100,000 already in October.

Only 50,000 doses of the combination treatment will be ready by quarter four of 2020.

Related Shares

More News
29 May 2024 08:54

IN BRIEF: AstraZeneca drug lowers cholesterol in phase 1 trial

AstraZeneca PLC - Cambridge, England-based pharmaceuticals - Reports positive results in a phase 1 trial of cholesterol drug candidate AZD0780, an ora...

28 May 2024 07:02

AstraZeneca experimental lung cancer drug shows promising results

(Sharecast News) - AstraZeneca's experimental lung cancer drug showed improved overall survival rates in phase III trials, the pharmaceutical giant sa...

27 May 2024 07:49

IN BRIEF: Astra, Daiichi hail positive survival data for Dato-DXd

AstraZeneca PLC - Cambridge, UK-based pharmaceutical firm - Alongside Japan's Daiichi Sankyo Co Ltd, notes positive data for datopotamab deruxtecan in...

22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

22 May 2024 02:00

British firms expecting hard time in China market, lobby group warns

BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group s...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.