According to a report from Nature Medicine over the weekend, a study of Eli Lilly’s (LLY) relaxin, a peptide hormone that may decrease circulatory congestion and improve kidney function, was stopped early by the sponsor after the first interim analysis because a low probability of observing benefit with continued enrollment was interpreted. Although there was not evidence of increased HF events in the volenrelaxin group, multiple signals for worsening congestion were perceived, which motivated the decision to terminate the study prematurely. A total of 170 patients outt of 332 completed the full 26-week protocol.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LLY:
- Tectonic pullback on Eli Lilly relaxin data ‘overdone,’ says Truist
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Analyst Forecasts $25 Billion of Annual Sales for Eli Lilly’s (LLY) New Weight-Loss Pill
- Chinese companies supplying ingredients for weight loss drugs, Reuters reports
- Novo Nordisk Stock Jumps and Eli Lilly Falls on Positive Wegovy Data