Lilly Ends Basal Insulin Peglispro Development Program (NYSE:LLY)

INDIANAPOLIS, Dec. 4, 2015 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced that it will cease development of basal insulin peglispro (BIL), a potential treatment for type 1 and type 2 diabetes, in order to focus research and development efforts on other assets in its portfolio and pipeline.

In February, Lilly announced it was delaying regulatory submission in order to better understand and characterize the potential effects, if any, of changes in liver fat observed with BIL treatment compared with insulin glargine treatment in the Phase 3 IMAGINE trials. No drug-induced liver impairment or Hy's Law cases were observed in the IMAGINE clinical development program of more than 6,000 patients with type 1 and type 2 diabetes treated for up to 18 months (approximately 3,900 patients treated with BIL).

Lilly Ends Basal Insulin Peglispro Development Program (NYSE:LLY)