Monday, March 23, 2015

Pfizer, Lilly to resume late-stage study testing pain drug

The Pfizer logo is seen at their world headquarters in New York (Reuters) - Pfizer Inc and Eli Lilly and Co said they planned to resume a late-stage study testing their pain drug tanezumab after the U.S. Food and Drug Administration lifted a partial hold on it. Pfizer expects to receive a $200 million upfront payment from Lilly as a result of the development, the companies said on Monday. The FDA put tanezumab and all other anti-nerve growth factor antibodies on a partial clinical hold since December 2012. (Reporting by Natalie Grover in Bengaluru; Editing by Saumyadeb Chakrabarty)




March 23, 2015 at 08:20AM

via Lazahealth.org


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