The mothballing of Eli Lilly’s (NYSE:LLY) once-promising next-generation cholesterol drug, evacetrapib, eliminates a potential competitor to Regeneron (NASDAQ:REGN) and Amgen’s (NASDAQ:AMGN) recently launched cholesterol busters while also reducing pressure on Esperion Therapeutics (NASDAQ:ESPR) to get its promising new anti-cholesterol drug to market sooner. Because Eli Lilly’s decision may have significantly shifted how the cholesterol treatment market may look in the coming years, let’s take a closer look.
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