What increasing confidence in Biogen's latest Alzheimer's drug means for Eli Lilly - CNBC

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A pedestrian walks past Biogen Inc. office successful Cambridge, Massachusetts, connected Monday, June 7, 2021.

Adam Glanzman | Bloomberg | Getty Images

Wall Street progressively believes U.S. cause regulators volition o.k. Biogen's (BIIB) latest experimental Alzheimer's attraction pursuing the merchandise of elaborate late-stage objective proceedings data. It's a improvement that whitethorn transportation affirmative implications for Eli Lilly (LLY) due to the fact that the Club holding is investigating a akin cause targeting the disease.

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