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Lilly Voluntarily Terminates Phase II Study For LY2886721, A Beta Secretase Inhibitor, Being Investigated As A Treatment For Alzheimer's Disease

About Lilly's Neuroscience Pipeline

Lilly currently has eight potential new medicines in its clinical development pipeline being evaluated to treat neuroscience-related diseases and disorders, including: schizophrenia, Alzheimer's disease, depression, bipolar disorder, migraine prevention and osteoarthritis pain. Of the eight potential new medicines, two are currently in Phase III clinical development – edivoxetine and solanezumab.

About Eli Lilly and Company

Lilly, a leading innovation-driven corporation, is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers – through medicines and information – for some of the world's most urgent medical needs. Additional information about Lilly is available at www.lilly.com.

This press release contains certain forward-looking statements about LY2886721, a beta secretase (BACE) inhibitor being investigated as a potential treatment for Alzheimer's disease, and reflects Lilly's current beliefs. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of development and commercialization. There is no guarantee that future study results and patient experience will be consistent with the study findings to date, that this or other BACE inhibitors that might be developed by Lilly in the future will receive regulatory approval or, if approved, would be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's filings with the United States Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements.

C-LLY

[i] Alzheimer's Disease International and World Health Organization 2012 report: Dementia: a public health priority. Available at: http://www.who.int/mental_health/publications/dementia_report_2012. Accessed on August 11, 2012.

(Logo:  http://photos.prnewswire.com/prnh/20031219/LLYLOGO )

Refer to: Eva Groves, 1-317-224-4642 or egroves@lilly.com

SOURCE Eli Lilly and Company

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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