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Eli Lilly skyrockets following positive Alzheimer's data

Positive results from phase II trial with drug against Alzheimer's disease, an area also occupying Novo Nordisk, cause Eli Lilly's share price to soar.

Photo: Mike Blake/Reuters/Ritzau Scanpix

US pharmaceutical firm Eli Lilly has a 14.2-percent higher indication in the premarket after the company's drug donanemab reached its primary endpoint in a phase II trial with patients against early symptomatic Alzheimer's disease, according to Bloomberg News.

The substance donanemab, which is an antibody that targets a type of beta amyloid, reached its endpoint, according to Eli Lilly.

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