Lilly looks to enter major market with new lung cancer combo
More positive Phase III data for Eli Lilly’s (NYSE: LLY) Cyramza (ramucirumab) will support a mid-2019 regulatory push into non-small cell lung cancer (NSCLC).
Shares in the firm traded around 1.5% higher by the closing bell on Tuesday, after the firm announced the RELAY trial met its primary endpoint of progression-free survival.
The trial is testing the VEGF receptor 2 agonist, in combination with Roche (ROG: SIX) and Astellas Pharma’s (TYO: 4503) targeted therapy Tarceva (erlotinib), as a first-line treatment for certain people with NSCLC. Detailed results will be presented later in the year.
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