Why Eli Lilly Stock Jumped to a New All-Time High Today

Yahoo Finance ·

Shares of Eli Lilly ( LLY +7.51% ) climbed to a record high on Friday, following several promising developments for the medicine maker. The European Medicines Agency's Committee for Medicinal Products for Human Use issued a positive opinion for Eli Lilly's cancer drug, Jaypirca. In clinical trials, the healthcare giant's once-daily oral prescription medicine produced encouraging results in treating adults with chronic lymphocytic leukemia (CLL) across all lines of therapy.

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