Eli

An experimental drug from Eli Lilly LLY 0.61% & Co. failed to prevent memory loss in a study of healthy older people with a high risk of developing clinical Alzheimer’s disease in one of the first studies aimed at stopping symptoms before they start.  The drug was no better than a placebo over about 4½ years of treatment at slowing patients’ decline in areas including memory and the ability to plan and complete tasks, Lilly said…

Image: Daniel Beckemeier (Shutterstock)An Insulin drugmaker announced it is making its drug more affordable for some diabetics and is capping the out-of-pocket cost at $35 per month. Eli Lilly is making Insulin immediately available to seniors on Medicare. It’s welcome news to the many Americans who rely on insulin, as the cost of care has soared in recent years.The company is automatically applying the price cap for Insulin to seniors who have private insurance and those without can sign up for Eli Lilly’s copay…

Eli Lilly & Co., facing pressure to curb diabetes-treatment costs, will cut the list prices for its most commonly prescribed insulin products by 70% and take other steps to make it easier for patients to afford the drugs.  The Indianapolis-based company said Wednesday the 70% price cuts will take effect in the fourth quarter for Humalog and Humulin, its two biggest-selling insulin products.  The company also said that on May 1 it would…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Don't sell Meta Look past Eli Lilly's tough quarter Chance to buy Estee Lauder 1. Don't sell Meta Shares of Meta Platforms (META) soared more than 25% Thursday morning, to $192.50 apiece, after the tech giant reported a fourth-quarter earnings beat Wednesday evening and announced a $40 billion stock buyback plan. The quarter was exactly what we had been waiting for, as the…

Eli Lilly LLY -0.46% & Co. said revenue for the recently ended quarter fell 9% as lower sales of its Covid-19 antibodies and the strong U.S. dollar weighed on growth.  The pharmaceutical company said Thursday that quarterly revenue fell 9% to $7.30 billion, slightly below analyst estimates, according to FactSet. Currency translation, lower realized prices and a drop in demand for some products all dragged on sales. Excluding sales…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Continue to be cautious Buy Eli Lilly Meta needs more cost cuts 1. Continue to be cautious Stocks edged up Thursday on the back of fresh data showing the U.S. economy grew by 2.9% in the fourth quarter, ahead of analysts' forecasts. The S & P 500 rose 0.32% in midday trading. At the same time, the S & P 500 Short Range Oscillator , at 4.9%, showed the market to be…

N.K. Jemisin made history when her trilogy of books—The Fifth Season, The Obelisk Gate, and The Stone Sky—each won the Hugo Award for Best Novel in the year of its release. After a few delays, the world of the Broken Earth trilogy is finally coming to a roleplaying game.Fifth Season: Roleplaying in the Stillness, is heading to Backerkit on January 24. Produced by Green Ronin publishing and co-developed by Tanya DePass (I Need Diverse Games, Rivals of Waterdeep) and Joseph D. Carriker (Blue Rose, Critical Role: Tal’Dorei…

Horror icon Eli Roth is just about to begin directing his next scary film, Thanksgiving, and it’s been a long time coming. Roth had filmed a fake trailer for this make-believe movie as part of director Robert Rodriguez and Quentin Tarantino’s 2007 double feature, Grindhouse. The trailer itself acts as a parody of classic holiday-themed horror movies like Halloween and Black Christmas, and though Grindhouse was very much a turkey in theaters, fans couldn’t get enough of Roth’s fake film. And so, Thanksgiving will now…

Image: Gearbox Software/2KBack in 2020, Lionsgate announced its intentions to finally get a movie adaptation of Gearbox’s RPG-shooter franchise Borderlands off the ground. After a flurry of casting news that ranged from the strange to the surprisingly fitting, we’ve not heard a thing about it, even as some of its stars like Jamie Lee Curtis and Kevin Hart have had time in the press for other films. The film is still being made, and directed by Hostel’s Eli Roth.But as far as reshoots are concerned, Roth’s not handling…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Exercise restraint on CPI data Trim P & G Wait to buy LLY 1. Exercise restraint on CPI data Stocks soared on Tuesday after the U.S. Labor Department's consumer price index (CPI) for November showed prices rose at their slowest pace since last December. The S & P 500 was up more than 1.5% in midmorning trading. However, we urge investors to exercise restraint, given…