Japan Approves Lilly’s RA Drug Olumiant, Increasing Credibility for U.S. Approval
Despite a regulatory delay in the U.S. on Eli Lilly’s rheumatoid arthritis drug Olumiant announced earlier in the year, the Japanese regulators joined European regulators in approving the drug, which increases our conviction that it will eventually reach the biggest market in the U.S. and strengthen Lilly’s growth prospects and wide moat. We still view Lilly as slightly undervalued, with the investment community underappreciating the company’s growing presence in immunology with Olumiant and pso...Eli Lilly and Company discovers, develops, manufactures, and markets products in a single business segment: human pharmaceutical products. The company's human pharmaceutical products include: diabetes and other endocrinology products, immunology products, neuroscience products, oncology products, and other products. The company's diabetes and other endocrinology products include: Baqsimi? and Basaglar?. The company's immunology products include: Olumiant? and Taltz?. The company's neuroscience products include: Cymbalta? and Emgality?. The company's oncology products include: Alimta?, Cyramza?, Erbitux? and Verzenio?. The company's other products include: Cialis?.
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