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INDIANAPOLIS, July 21, 2020 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced that new results from 17 research studies will be presented at the upcoming Alzheimer's Association International Conference® 2020 (AAIC® 2020) which will be held virtually July 27-31, 2020. The data highlights Lilly's Alzheimer's program focused on developing both disease-modifying therapies that slow clinical progression by targeting the underlying causes of Alzheimer's disease (AD) and novel diagnostics and biomarkers to enable a timely and more accurate diagnosis. Alzheimer's is a relentless, fatal disease creating a health crisis for patients, families and society. Out of the top six diseases affecting Americans, AD is the only one with no treatment to prevent, cure or slow the disease.
"Lilly's commitment to Alzheimer's research continues with speed and collaboration to propel the science forward," said John Sims, M.D., global brand development leader and senior medical director of Neurodegeneration. "The research findings we are sharing at this meeting are exciting and highlight our unwavering efforts to find solutions that may lead to a disease-modifying therapy, improve the ability to diagnose earlier in the disease progression, and advance our understanding of how the disease impacts those living with it."
For over 30 years, Lilly has been committed to bringing innovative Alzheimer's disease therapies and diagnostics to patients and continues to lead the field in research, which also includes identifying biomarkers to support early detection of the disease. Our rich neurodegeneration pipeline is shaped by the research and development investments we have made, and our collaborations with others in the scientific community.
Studies being presented include (please note, all times listed below are Central Daylight Time and may be subject to change):
Blood Biomarker Data
Flortaucipir Data
Lanabecestat
Solanezumab Data
Disease State Understanding Data
Tau Therapies: O-GlcNAcase (OGA) Inhibitor
About Alzheimer's DiseaseAlzheimer's disease is a fatal illness that causes progressive decline in memory and other aspects of cognition. Dementia due to Alzheimer's is the most common form of dementia, accounting for 60 to 80 percent of all cases1. There are currently over 50 million people living with dementia around the world, with numbers expected to increase to nearly 152 million by 20502. Almost 10 million new cases of dementia are diagnosed each year worldwide, implying one new case every 3 seconds, and a significant increase in the caregiving burden placed on society and families. In the US alone, there was an increase of 8 million new caregivers from 2015 to 20203. The current annual societal and economic cost of dementia is estimated at $1 trillion, an amount that is expected to double by 2030 unless we find a way to slow the disease.
About Eli Lilly and Company Lilly is a global health care leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at lilly.com and lilly.com/newsroom. P-LLY
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Lilly's Alzheimer's Disease platform and reflects Lilly's current beliefs. Among other things, there is no guarantee that future study results will be consistent with study findings to date. For further discussion of these and other risks and uncertainties, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
1 https://www.alz.org/alzheimers-dementia/facts-figures 2 https://www.alz.co.uk/research/WorldAlzheimerReport2019.pdf 3 https://www.aarp.org/content/dam/aarp/ppi/2020/05/full-report-caregiving-in-the-united-states.doi.10.26419-2Fppi.00103.001.pdf
Refer to: | Gina Goodenough; demayo_gina_maria@lilly.com; 646-221-3022 – Media |
Kevin Hern; hern_kevin_r@lilly.com; 317-277-1838 – Investor Relations |
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SOURCE Eli Lilly and Company
