Still, no one on Wall Street is expecting Lilly to collapse. Some analysts say Lilly is on the right track and could bounce back in a few years. Lilly stock has remained in the mid- to high 30s for most of the past two years, although that's down from the 50s four years ago.
"It's going to be a challenge for Lilly, but survivability is not a question," said Linda Bannister, a drug analyst at Edward Jones and Co. in St. Louis, who has a "hold" rating on the stock. "They have some interesting things in the pipeline, and if they are successful, Lilly could be a growth company again."
The company has about 70 experimental drugs under development. They include about 10 in late-stage clinical testing for serious ailments such as Alzheimer's disease (a medicine called solanezumab), depression (NERI), cancer (ramucirumab), schizophrenia (mGlu2/3 pro) and diabetes (BI 10773).
It's been more than a decade since Lilly went through such a financial upheaval. In 2001, the company found itself in a crisis when it suddenly lost patent exclusivity on Prozac, its best-selling antidepressant, which accounted for 34 percent of the company's sales.
Looking beyond the spin of Big Pharma PR. But encouraging gossip. Come in and confide, you know you want to! “I’ll publish right or wrong. Fools are my theme, let satire be my song.” Email: jackfriday2011(at)hotmail.co.uk
Monday, October 03, 2011
21: days of protection left for Lilly's Zyprexa | The Indianapolis Star | indystar.com
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Lilly did make their money on Zyprexa around $41 billion so far and they still expect to capture 20% of the US market as well as a billion year on ZyprexaXR.
The patent only expires in the US and some Euro,Lilly announced they have an *authorized* distributor of generic Zyprexa hmmmm.
The litigations on the Viva Zyprexa scandal are mostly dried up except for one omnipresent claimant.
Cheers
--- Daniel Haszard Zyprexa victim activist and patient who got diabetes from it.
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