Vertex Pharmaceuticals Incorporated (VRTX), Gilead Sciences, Inc. (GILD): The Week, Biotech – Part Two

Finally, even big pharma Eli Lilly & Co. (NYSE:LLY) got in on the action, noting that two additional late-stage trials for dulaglutide, its GLP-1 diabetes drug hopeful, met their primary endpoints. In both studies, known as Award-2 and Award-4, dulaglutide matched insulin glargine in reducing hemoglobin A1C levels, which was the endpoint of the studies. Furthermore, it beat the differing placebos in terms of A1C reductions in both studies. Diabetes research is a huge market that only seems to be growing, so having additional strong late-stage results like this should help to strengthen the company’s case for an eventual FDA approval.

The article This Week in Biotech: Part 2 originally appeared on Fool.com is written by Sean Williams.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool recommends Gilead Sciences and Vertex Pharmaceuticals.

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