financetom
Business
financetom
/
Business
/
Market Chatter: Lilly to Appeal Against UK Regulator's Recommendation Not to Reimburse Cost of Alzheimer's Drug
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Lilly to Appeal Against UK Regulator's Recommendation Not to Reimburse Cost of Alzheimer's Drug
Jun 20, 2025 5:59 AM

08:33 AM EDT, 06/20/2025 (MT Newswires) -- Eli Lilly ( LLY ) is planning to appeal against the UK's National Institute for Health and Care Excellence's, or NICE's, suggestion not to reimburse the cost of Alzheimer's drug Kisunla, Reuters reported Thursday, citing the company.

According to the report, the drugmaker considers the regulator's recommendation to be unreasonable based on the evidence submitted by the company, clinical experts and patient groups.

Neither Lilly nor NICE immediately responded to MT Newswires' request for comment.

Lilly's shares added 0.6% in recent Friday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Joby Aviation Stock Is Flying Today: What's Driving The Action?
Joby Aviation Stock Is Flying Today: What's Driving The Action?
May 28, 2025
Joby Aviation Inc ( JOBY ) shares are trading higher Wednesday after the company announced the closing of a $250 million investment from Toyota Motor Corp ( TM ) . What Happened: Electric vertical take-off and landing (eVTOL) air taxi company Joby announced that it closed on the first $250 million tranche of its previously announced strategic investment from Toyota ( TM...
BMW, Mercedes, VW seek tariff relief in return for US investment, Handelsblatt reports
BMW, Mercedes, VW seek tariff relief in return for US investment, Handelsblatt reports
May 28, 2025
BERLIN, May 28 (Reuters) - German carmakers BMW , Mercedes-Benz and Volkswagen are in talks with the U.S. Department of Commerce on a tariff deal that would involve a mechanism to offset imports and exports, the Handelsblatt business daily reported on Wednesday. In return for tariff relief, the companies could invest billions in the United States, the report said citing...
Galaxy Digital Stock Is Moving Lower Wednesday: What's Going On?
Galaxy Digital Stock Is Moving Lower Wednesday: What's Going On?
May 28, 2025
Galaxy Digital Inc ( GLXY ) shares are trading lower Wednesday after the company announced a public offering of common stock. What Happened: Digital asset and data center infrastructure company Galaxy Digital ( GLXY ) announced an underwritten offering of 29 million shares. 24.15 million shares are being offered by Galaxy and 4.85 million shares are being offered by selling...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved