Payback Time For Lilly? Erbitux Follow-on Succeeds In Squamous Lung Cancer Trial

Lilly’s necitumumab – gained through the company’s ImClone acquisition – demonstrates an overall survival benefit in the SQUIRE study against first-line metastatic squamous NSCLC. Pleasantly surprised by the outcome, some analysts start to expect blockbuster sales.

The unexpected success of Eli Lilly & Co.’s IgG1 antibody necitumumab in the Phase III SQUIRE squamous non-small cell lung cancer trial provides more validation for the company’s $6.5 billion takeover of ImClone Systems Inc. and suggests Bristol-Myers Squibb Co. was too quick in dropping the program earlier this year.

Necitumumab (IMC-11F8) is a monoclonal antibody that blocks EGFR. The candidate is a fully humanized version of the targeted therapy...

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