Lilly COVID-19 Antibody Has Role As Stopgap When Too Late To Vaccinate
Bamlanivimab Prevented Infections In Nursing Home Residents
The company will seek emergency use authorization to prevent outbreaks in nursing homes. Regeneron is also positioning its antibody cocktail to prevent infections.
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Biopharma was an attractive investment in 2020 and fundamentals are unchanged in 2021, including the pandemic’s work-at-home requirements, which allowed more companies to go public faster.
The company said data show a lower overall infection rate and no symptomatic infections among participants receiving the drug, compared with placebo.
The bamlanivimab/etesevimab combo, filed for US emergency authorization in November, shows ability to reduce risk of hospitalization or death in COVID-19 patients. Lilly also sees prevention role for bamlanivimab.