Lilly Announces Topline Results From LIBRETTO-431 Study Of Retevmo; Study Met Primary Endpoint
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly and Company (LLY) announced that its LIBRETTO-431 study of Retevmo met its primary endpoint. The study was designed to evaluate the efficacy and safety of Retevmo in patients with treatment-naive RET fusion-positive non-small cell lung cancer.
August 04, 2023 | 3:12 pm
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Eli Lilly's successful LIBRETTO-431 study of Retevmo could potentially boost its stock in the short term as it indicates a positive development in the company's product pipeline.
Positive clinical trial results often lead to increased investor confidence, potentially driving up the stock price. The successful LIBRETTO-431 study indicates a positive development in Eli Lilly's product pipeline, which could make the company's stock more attractive to investors.
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