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Wednesday, June 25, 2025

Lilly's (LLY) Olomorasib Gains Orphan Drug Status for Lung Cancer

 The U.S. Food and Drug Administration (FDA) has recognized Eli Lilly and Co (NYSE:LLY) with a significant milestone by awarding orphan drug status to its promising new treatment, olomorasib. This designation is specifically for its potential in treating KRAS G12C-mutant non-small cell lung cancer, a form of cancer that has been challenging to manage. Currently, olomorasib is advancing through phase 3 clinical trials, where it is being evaluated for efficacy in combination with Keytruda and chemotherapy as a first-line therapy for patients with advanced cases.

https://www.gurufocus.com/news/2943989/eli-lillys-lly-olomorasib-gains-orphan-drug-status-for-lung-cancer-treatment

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