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Lilly’s Intended Successor To Zyprexa Faces Uncertain Future After Phase III Failure

This article was originally published in The Pink Sheet Daily

Executive Summary

Failure to perform better than placebo in the first of two pivotal Phase III trials diminishes chances of success for pomaglumetad methionil, a metabotropic glutamate 2/3 receptor agonist that Lilly hoped to position as a successor to its patent-expired schizophrenia therapy Zyprexa.

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