Lilly Calls It Quits On Pegilodecakin As Loxo Team Reorganizes Cancer R&D

Revealing that the pegylated IL-10 therapy acquired in the Armo buyout two years ago has failed a pair of Phase II NSCLC trials, Lilly said it plans no further studies with the drug. Trulicity and Taltz led Lilly’s continuing growth story.

Pruning of ornamental trees by scissors
Lilly said it has no plans for further trials of pegilodecakin and terminated three earlier-stage cancer candidates

Eli Lilly & Co. is going through a reorganization of its cancer research and development operations, and early changes since the pharma turned this responsibility over to the executive team from Loxo Oncology Inc. in December have begun, notably including a decision to pull the plug on further development of pegilodecakin after trial failures in pancreatic and lung cancer.

Lilly reported during its fourth quarter and full-year 2019 sales and earnings call on 30 January that pegilodecakin, a pegylated,...

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