Thursday, May 04, 2006

Ariad Wins Lawsuit Against Eli Lilly

Ariad Pharmaceuticals Inc. (ARIA) won a patent infringement lawsuit against Eli Lilly and Co. (LLY) and will be awarded $65.3 million in damages. Shares of Ariad surged $1.45 to close at $6.99 while Eli Lilly stock edged up 6 cents to close at $52.02.

1 Comments:

Blogger Danny Haszard said...

Appreciate your blog,i have a victims support page against Eli Lilly for it's Zyprexa product causing my diabetes.--Daniel Haszard

10:19 AM  

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