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U.S. Food and Drug Administration Issues Complete Response Letter for Mirikizumab Eli Lilly and Company (NYSE: LLY) announced the U.S. Food and Drug Administration (FDA) has issued a complete response letter for the mirikizumab...

Key Takeaway: Eli Lilly and Company announced that the U.S. FDA issued a complete response letter for the biologic license application of mirikizumab for ulcerative colitis treatment. The letter cited concerns related to the proposed manufacturing process, but stated there were no issues with the clinical data or safety profile of the drug. Lilly remains confident in the efficacy of mirikizumab and is actively working with the FDA to address the issues mentioned in the response letter.

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POSITIVE FACTORS

  • No concerns about the clinical data package for mirikizumab.
  • The FDA acknowledged the potential of mirikizumab for ulcerative colitis.
  • Lilly is working diligently with the FDA towards approval.

CONCERNS & RISKS

  • The FDA issued a complete response letter, indicating issues with manufacturing.
  • No guarantee of regulatory approval for mirikizumab.

Full Press Release Details

INDIANAPOLIS , April 13, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY ) announced the U.S. Food and Drug Administration (FDA) has issued a complete response letter for the mirikizumab biologic license application (BLA) for the treatment of ulcerative colitis (UC). In the letter, the FDA cited issues related to the proposed manufacturing of mirikizumab, with no concerns about the clinical data package, safety, or label for the medicine.
"We remain confident in mirikizumab's pivotal Phase 3 clinical data and its potential to help people with ulcerative colitis," said Patrik Jonsson , Lilly executive vice president, president of Lilly Immunology and Lilly USA , and chief customer officer. "We are working diligently with the FDA and hope to launch mirikizumab in the U.S. as soon as possible."
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about mirikizumab, FDA approval, and Lilly's products, and reflects Lilly's current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that future study results will be consistent with study findings to date, that future study results will be consistent with study results to date, that mirikizumab will receive certain regulatory approvals, or that it will be commercially successful. 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.
Refer to: Carla Cox; [email protected] ; +1-317-750-3923 (Lilly media)
Joe Fletcher; [email protected] ; +1-317-296-2884 (Lilly investors)
SOURCE Eli Lilly and Company

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Frequently Asked Questions

What is mirikizumab used to treat?

Mirikizumab is designed for treating ulcerative colitis.

What did the FDA issue for mirikizumab's BLA?

The FDA issued a complete response letter for mirikizumab.

Were there concerns about mirikizumab's clinical data?

No, the FDA had no concerns about the clinical data package.

What issue did the FDA cite regarding mirikizumab?

The FDA cited issues related to the proposed manufacturing of mirikizumab.

What is Eli Lilly's confidence in mirikizumab?

Eli Lilly remains confident in mirikizumab's Phase 3 clinical data.

Last updated: Apr 13, 2023