Eli Lilly and Co

LLY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$676.00	Ycrl	Fjzwjlyq

Eli Lilly: Detailed Phase 3 Alzheimer's Data With Donanemab Reinforces Drug's Strong Outlook

Damien Conover

Jul 17, 2023

Eli Lilly revealed details of the positive phase 3 Alzheimer’s study Trailblazer-ALZ 2 with donanemab that are largely in line with our expectations. We are not making any major changes to our outlook for donanemab or Eli Lilly’s fair value estimate. However, the strong data helps to reinforce the firm’s wide moat, building on an innovative pipeline of next-generation drugs.

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