Streetbeat News

ESALF

Eisai Co Ltd

https://www.eisai.co.jp/

CEO

Haruo Naito

Industry

Pharmaceutical Preparation Manufacturing

Open

29.75

Mkt cap

8.1B

Volume

500

High

29.75

P/E Ratio

20.76

52-wk high

45.46

Low

28.86

Div yield

0.04

52-wk low

24.86

Sen. Bernie Sanders criticized the high cost of healthcare in the U.S., highlighting the financial burden on patients. He specifically mentioned the high prices of drugs from Novo Nordisk, Eisai Co Ltd, Biogen Inc, Johnson & Johnson, Merck, and Bristol-Myers Squibb.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 1:36 am

The FDA has approved Eli Lilly's Kisunla (donanemab) for early symptomatic Alzheimer's disease, making it the second anti-beta-amyloid monoclonal antibody approved in recent years. Kisunla shows significant efficacy in reducing amyloid plaques and slowing disease progression. Despite its higher cost compared to Biogen's Leqembi, Kisunla offers the potential for lower long-term costs due to the option of stopping treatment early. Analysts see this approval as a positive development for the Alzheimer's treatment market.

Portfolio Pulse from Vandana Singh

July 03, 2024 | 4:13 pm

Eli Lilly's (LLY) shares are trading higher premarket after an FDA advisory committee gave a favorable verdict on its Alzheimer's treatment, donanemab. The panel's endorsement moves the treatment closer to final FDA approval. The news contrasts Lilly's approach with Biogen's (BIIB) Alzheimer's drug, Leqembi.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 11:51 am

The European Medicines Agency (EMA) has postponed the Oral Explanation for Biogen Inc and Eisai Co Ltd's Alzheimer's drug, Lecanemab, due to procedural issues. This delay affects the drug's review process, initially expected to conclude by June 30, 2024. The postponement follows a recent court ruling impacting EMA's policy on managing conflicts of interest among its Scientific Advisory Groups. Despite the delay, an approval is still anticipated in the second half of 2024. BIIB shares dropped 1.10% following the news.

Portfolio Pulse from Vandana Singh

March 22, 2024 | 5:44 pm

Merck & Co Inc (MRK) and Eisai Co Ltd (ESALY, ESALF) announced the Phase 3 LEAP-001 trial of Keytruda plus Lenvima did not meet primary endpoints for treating advanced or recurrent endometrial carcinoma. This follows previous trial failures in lung cancer and melanoma. However, a trial in renal cell carcinoma showed a benefit. MRK shares saw a slight premarket increase.

Portfolio Pulse from Vandana Singh

December 08, 2023 | 1:26 pm

The U.S. Centers for Medicare and Medicaid Services has revised its policy to permit multiple uses of amyloid PET scans, a tool for Alzheimer's diagnosis. This change aligns with the eligibility criteria for new Alzheimer's drugs and benefits patients seeking access to such drugs, including Eisai Co Ltd/Biogen Inc's Leqembi and Eli Lilly And Co's experimental drug, donanemab. The policy change also ensures government reimbursement for drugs like Leqembi by confirming the presence of amyloid in the brain.

Portfolio Pulse from Vandana Singh

October 13, 2023 | 7:10 pm

LuMind CEO Hampus Hillerstrom is advocating for access to Alzheimer's drugs made by Eisai Co Ltd (OTC:ESALY)/ Biogen Inc's (NASDAQ:BIIB) and Eli Lilly And Co's (NYSE:LLY) for people with Down syndrome. Hillerstrom is at odds with neurologists who recommend against immediate use, citing untested safety risks. Advocacy groups are lobbying Eisai and Lilly to conduct safety trials specifically for Down syndrome and for Medicare policy changes to ensure these individuals are not disqualified from treatment reimbursements.

Portfolio Pulse from Vandana Singh

October 10, 2023 | 4:35 pm

Several significant business events have occurred. Ford of Canada has reached a collective agreement with Unifor union, including wage increases and pension improvements. Amazon has invested $4 billion in AI startup Anthropic. PhonePe, backed by Walmart, has launched the Indus AppStore Developer Platform to challenge Google's dominance in India. Goodyear plans to redefine its operational presence in the Asia Pacific region. Pfizer's RSVpreF vaccine has been recommended by the CDC for pregnant people. Mercedes Benz has partnered with Mastercard to introduce in-car digital payments. Novartis plans to spin-off the Sandoz business. Eisai and Biogen's Alzheimer treatment Leqembi has been approved in Japan. Alcoa has appointed William F. Oplinger as President and CEO. TransCode Therapeutics' stock is trading higher after positive results with its therapeutic candidate, TTX-MC138. Tyson Foods and Perdue Farms are under investigation over alleged child labor violations. OpenAI has unveiled a new feature for its ChatGPT application, enabling verbal responses. Apple's iOS 17 update allows users to opt for a search engine other than Google. Austrian Airlines faced backlash for making inaccurate environmental claims.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 2:58 pm

Japan's regulatory authority has approved Leqembi, an Alzheimer's treatment developed by Eisai Co Ltd and Biogen Inc. The approval is based on Phase 3 data from the global Clarity AD clinical trial, which showed statistically significant results and confirmed the clinical benefit of Leqembi. Eisai will conduct a post-marketing survey in all patients administered Leqembi.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 2:41 pm

Merck & Co Inc and Eisai Co Ltd have announced that two Phase 3 trials, LEAP-006 and LEAP-008, evaluating Keytuda plus Lenvima in patients with certain types of metastatic non-small cell lung cancer, did not meet their primary endpoints. The safety profiles of the treatment regimens were consistent with previous studies. Keytruda plus Lenvima is approved in the U.S., the EU, Japan, and other countries for advanced renal cell carcinoma and certain types of advanced endometrial carcinoma.

Portfolio Pulse from Vandana Singh

September 22, 2023 | 2:21 pm

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