Eli Lilly and Co. | USA Newshour https://usanewshour.com Breaking News, Latest headlines, Top Election stories, Photos & Videos Tue, 29 Jun 2021 19:37:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://usanewshour.com/wp-content/uploads/2020/08/cropped-icon-150x150.jpg Eli Lilly and Co. | USA Newshour https://usanewshour.com 32 32 Eli Lilly & Co. resolves a lawsuit over sexual discrimination https://usanewshour.com/eli-lilly-co-resolves-a-lawsuit-over-sexual-discrimination/32195/ Tue, 29 Jun 2021 19:37:29 +0000 https://usanewshour.com/?p=32195 Eli Lilly & Co resolves a lawsuit by a former lobbyist who accused a high-ranking executive and another senior manager of engaging in sexual discrimination, harassment, and retaliation against women in its Washington, D.C., office, in March.

The suit was filed in federal court in Washington by in-house lobbyist Sonya Elling alleged that a Lilly senior vice president, Leigh Ann Pusey, repeatedly demeaned Elling and other women, which eventually forced Elling to resign from Lilly. After certain negotiations and discussions, she withdrew her case. The terms of the settlement were not disclosed.

]]> Biotech stocks hit an all time high post Biogen’s drug approval https://usanewshour.com/biotech-stocks-hit-an-all-time-high-post-biogens-drug-approval/29429/ Mon, 07 Jun 2021 20:16:01 +0000 https://usanewshour.com/?p=29429 The Nasdaq Biotech Index rallied 4.3% at 1:52 p.m. in New York, the biggest jump since Nov. 4, as Biogen Inc.’s- American multinational biotechnology company specializing in the discovery, development, and delivery of therapies for the treatment of neurological diseases approved new Alzheimer’s disease treatment spurring broad gains in the sector. Its partner in Japan, Eisai had its biggest gain in U.S. trading jumping as much as 75%.

Shares of Eli Lilly and Co., leading pharmaceutical company that develops depression, endocrinology, oncology, and cardiovascular care medicines umped as much as 16% and touched a record high and even small-cap companies working for the treatments also saw progress-Cassava Sciences Inc. rose 19%, while Annovis Bio Inc. gained 31%.

The Nasdaq’s  Biotech Index witnessed its biggest jump from November, at 1:52 pm when resumed trading and soared as much as 64% to an intraday record of $468.55.

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