Lilly, Alkermes end partnership on inhaled insulin

Eli Lilly and Co. says it is ending its partnership with biotech firm Alkermes to develop AIR Insulin, an inhaled insulin product. Two other companies, Pfizer and Novo Nordisk A/S, have also said they would discontinue trials of similar drug candidates. Alkermes said that the withdrawal was not due to safety or efficacy concerns, while a Lilly spokesman cited "new uncertainties in the regulatory environment" as a factor in its decision.

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