The Eli Lilly stock price fell as much as 4.8% this morning (Wednesday) after the company released new trial results on its Alzheimer's drug solanezumab.
Eli Lilly and Co. (NYSE: LLY) officials released data from a follow-up study on two of the drug's earlier trials. The Alzheimer's drug fell short of its goals in the first two trials, but the new data showed encouraging signs.