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Wednesday, 02 July 2025
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Lilly halts blockbuster drug launch

Posted 31 January 2024 PM

In a surprise move Eli Lilly has halted the launch of Omvoh and called for "substantial policy change" in Australia after struggling to secure a feasible price for the first-in-class ulcerative colitis (UC) treatment.

It only took the company one attempt to secure the PBAC's recommendation for the anticipated blockbuster as a treatment for moderate to severe UC at the committee's July 2023 meeting.

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