Latest Eli Lilly and Co News

A man carries a child, both wearing face masks to help curb the spread of the coronavirus, as they stroll along a street near the popular frozen Houhai Lake in Beijing, Thursday, Jan. 21, 2021. China is making some of its toughest travel restrictions yet as coronavirus cases surge in several northern provinces ahead of the travel rush for Lunar New Year on next month. (AP Photo/Andy Wong)

The Latest: Shanghai locks down 2 major hospitals over cases

Jan. 21, 2021 10:33 PM EST

BEIJING — Shanghai has imposed lockdowns on two of China’s best-known hospitals after they were linked to new coronavirus cases. Outpatient services have been suspended at Fudan University Shanghai Cancer Center and Renji Hospital, both of which have been cordoned off along with some surrounding...

FILE - This April 26, 2017 file photo shows the Eli Lilly & Co. corporate headquarters in Indianapolis. Drugmaker Eli Lilly said Thursday, Jan. 21, 2021, its COVID-19 antibody drug can prevent illness among residents and staff of nursing homes and other long-term care locations. It’s the first major study to show that it may prevent disease. The drugmaker said participants who got the drug had up to a 57% lower risk of getting COVID-19. (AP Photo/Darron Cummings, File)

Lilly: Drug can prevent COVID-19 illness in nursing homes

Jan. 21, 2021 2:03 PM EST

INDIANAPOLIS (AP) — Drugmaker Eli Lilly said Thursday its antibody drug can prevent COVID-19 illness in residents and staff of nursing homes and other long-term care locations. It's the first major study to show such a treatment may prevent illness in a group that has been devastated by the pandemic. ...

Ontario Premier Doug Ford looks on as the second dose of the Pfizer-BioNTech COVID-19 vaccine in Canada is administered to personal support worker Anita Quidangen by registered nurse Hiwot Arfaso at The Michener Institute in Toronto on Monday, Jan. 4, 2021. (Frank Gunn/The Canadian Press via AP)

The Latest: Fla. lawyer in tobacco cases dies from COVID-19

Jan. 12, 2021 9:39 PM EST

PENSACOLA, Fla. — Florida attorney Fred Levin, who won a major legal battle against the tobacco industry in the 1990s, has died several days after contracting the coronavirus. He was 83. An attorney at the Levin Papantonio Rafferty legal firm says Levin died Tuesday from complications of COVID-19, the...

A woman wearing a face mask to protect against coronavirus walks at a train station in Moscow, Russia, Monday, Jan. 11, 2021. (AP Photo/Pavel Golovkin)

The Latest: New Zealand visitors must show negative test

Jan. 11, 2021 11:57 PM EST

WELLINGTON, New Zealand — New Zealand will soon require that travelers from most countries show negative coronavirus tests before they leave for New Zealand. COVID-19 Response Minister Chris Hipkins says New Zealand is in a fortunate position to have stamped out community spread of the virus, but takes...

Twitter, Boeing fall; Eli Lilly, Crocs rise

Jan. 11, 2021 4:22 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Apple Inc., down $3.07 to $128.98. The iPhone maker removed Parler, a social media platform popular with the far right, from its app stores because of threats to public safety. Eli Lilly and Co., up $19.53 to $185.94. The drug...

Tucson hospital launches center for virus antibody treatment

Jan. 7, 2021 11:05 PM EST

TUCSON, Ariz. (AP) — Federal health officials are teaming up with a Tucson hospital to provide COVID-19 medicines that may help keep infected people out of the hospital. The U.S. Department of Health and Human Services says Tucson Medical Center on Thursday began administering monoclonal antibody...

In this Friday, March 13, 2020 photo provided by Regneron, members of the Infectious Disease team celebrate at their lab in New York state after confirming cells from Singapore are viable and that some make antibodies that bind to the coronavirus, suggesting they may have the potential to block it. (Regeneron via AP)

One company's quest for an antibody drug to fight COVID-19

Dec. 21, 2020 12:05 AM EST

On a Saturday afternoon in March as COVID-19 was bearing down on New York City, a dozen scientists anxiously crowded around a computer in a suburban drug company’s lab. They had spent weeks frantically getting blood from early survivors across the globe and from mice with human-like immune systems —...

Guest lineups for the Sunday news shows

Dec. 19, 2020 1:40 PM EST

WASHINGTON (AP) — Guest lineups for the Sunday news shows: ABC’s “This Week” — Sen. Mark Warner, D-Va.; Adm. Brett Giroir, the Health and Human Services Department official overseeing coronavirus testing; Jennifer Granholm, President-elect Joe Biden's pick to run the Energy...

FILE - This April 26, 2017 file photo shows the Eli Lilly & Co. corporate headquarters in Indianapolis. Shares of Eli Lilly jumped after the drugmaker laid out a better-than-expected revenue forecast and plans to buy a young company developing a potential Parkinson’s disease treatment. Lilly also projected on Tuesday, Dec. 15, 2020, a 2021 earnings range that brackets average Wall Street expectations. (AP Photo/Darron Cummings)

Lilly lays out 2021 expectations, gene therapy acquisition

Dec. 15, 2020 6:33 PM EST

Shares of Eli Lilly climbed Tuesday after the drugmaker laid out a better-than-expected revenue forecast and plans to buy a young company developing a potential Parkinson’s disease treatment. Lilly also projected a 2021 earnings range that brackets average Wall Street expectations. The Indianapolis-based...

Plug Power, Eli Lilly rise; Norwegian falls

Dec. 15, 2020 4:23 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Eli Lilly and Co., up $9.52 to $167.43. The drug developer raised its profit forecast for the year and said it is buying Prevail Therapeutics for at least $880 million. Waste Management Inc., up $2 to $116.78. The waste management...