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  1. phil
    April 22nd, 2014 at 6:56 am

    FDA green lights Lilly cancer drug

    Yesterday, 05:16 PM ET · LLY

    • The FDA approves Eli Lilly’s (LLY) Cyramza (ramucirumab) for advanced stomach cancer and gastroesophogeal junction adenocarcinoma. The product is an angiogenesis inhibitor that blocks the blood supply to tumors.
    • According to the National Cancer Institute over 22K people will be diagnosed with stomach cancer this year. The mortality rate is ~50%.
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