Lilly Offers Updates On Progress Of Headache Disorder Drugs
Zacks Investment Research | Nov 14, 2018 10:15PM ET
Eli Lilly & Company (NYSE:LLY) announced that it has filed a new drug application with the FDA for approval of its migraine candidate, lasmiditan.
The NDA seeks approval of the oral 5-HT1F agonist for the treatment of acute migraine headaches – a medical condition that affects more than 30 million adults in the United States alone. Lasmiditan was added to Lilly’s portfolio with the 2015 acquisition of CoLucid Pharmaceuticals.
Year to date, Lilly’s shares have risen 30% compared with the Zacks Investment Research
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