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Posted On: 06/25/2021 12:22:54 PM
Post# of 148908
Good afternoon, good people,
I especially like the mention of "loss of.. sales" ..call it schadenfreude.
Hat Tip- End Points News:
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Due to the presence of variants, the US said Friday that it’s pausing shipments of Eli Lilly’s monoclonal antibody combo for the treatment of Covid-19 on a national basis until further notice.
The pause, which could amount to the loss of about $375 million in sales according to one biotech analyst, is another blow to Lilly’s efforts to treat Covid-19 outside of the hospital, as the company previously had its EUA for bamlanivimab revoked.
“The CDC identified that the combined frequencies of the SARS-CoV-2 P.1/Gamma variant (first identified in Brazil) and the B.1.351/Beta variant (first identified in South Africa) throughout the United States now exceed 11% and are trending upward,” John Redd, CMO of the Office of the Assistant Secretary for Preparedness and Response
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Stay safe,
TSOV
I especially like the mention of "loss of.. sales" ..call it schadenfreude.
Hat Tip- End Points News:
----
Due to the presence of variants, the US said Friday that it’s pausing shipments of Eli Lilly’s monoclonal antibody combo for the treatment of Covid-19 on a national basis until further notice.
The pause, which could amount to the loss of about $375 million in sales according to one biotech analyst, is another blow to Lilly’s efforts to treat Covid-19 outside of the hospital, as the company previously had its EUA for bamlanivimab revoked.
“The CDC identified that the combined frequencies of the SARS-CoV-2 P.1/Gamma variant (first identified in Brazil) and the B.1.351/Beta variant (first identified in South Africa) throughout the United States now exceed 11% and are trending upward,” John Redd, CMO of the Office of the Assistant Secretary for Preparedness and Response
---
Stay safe,
TSOV
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