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Eli Lilly (LLY) Gains CHMP Approval for Donanemab in Alzheimer’s Treatment

Eli Lilly (LLY) recently received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) for its Alzheimer’s drug donanemab, underscoring the company’s advancements in a crucial therapeutic area. During the same period, LLY registered a 5% share price increase, notably outpacing the broader market’s 1% rise over the past week. This uptrend in LLY’s stock could be attributed to investors’ optimism about donanemab’s potential impact. Additionally, the company’s…