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Thursday, October 31, 2024

AnaptysBio (ANAB) Shares Plunge as Eli Lilly Ends Arthritis Drug Research

 AnaptysBio (ANABFinancial) shares fell over 20%, trading at $24.455. The decline followed Eli Lilly's (LLY) decision to halt research on a similar arthritis therapy using their PD-1 agonist antibody, Peresolimab. AnaptysBio is developing a comparable treatment.

https://www.gurufocus.com/news/2573705/anaptysbio-anab-shares-plunge-as-eli-lilly-ends-arthritis-drug-research

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