Eli Lilly Inks Covid-19 Treatment Supply Deal With U.S. Despite Drug's Recent Failure

Eli Lilly Inks Covid-19 Treatment Supply Deal With U.S. Despite Drug's Recent Failure
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Eli Lilly inked a deal to sell up to 650,000 vials of its Covid-19 treatment candidate to the U.S., though the drug has failed a test in treating hospitalized patients. LLY stock slipped.