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Lilly Launches Its First Phase III Trial for Treatment of Alzheimer's Disease
Date:3/31/2008

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About Lilly

Lilly, a leading innovation-driven corporation, is developing a growing portfolio of first-in-class and best-in-class pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information - for some of the world's most urgent medical needs. Additional information about Lilly is available at http://www.lilly.com. P-LLY

This press release contains forward-looking statements about the potential of the investigational compound LY450139 and reflects Lilly's current beliefs. However, as with any pharmaceutical product under development, there are substantial risks and uncertainties in the process of development and regulatory review. There is no guarantee that the product will receive regulatory approvals, or that the regulatory approval will be for the indication(s) anticipated by the company. There is also no guarantee that the product will prove to be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's filing with the United States Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements.

(1) Small, GW, Rabins, PV, Barry, PP, Buckholtz, NS, DeKosky, ST,

Ferris, SH, Finkel, SI, Gwyther, LP, Khachaturian, ZS, Lebowitz, BD,

McRae, TD, Morris, JC, Oakley, F, Schneider, LS, Streim, JE,

Sunderland, T, Teri, LA, Tune LE. Diagnosis and Treatment of

Alzheimer Disease and Related Disorders: Consensus Statement of the

American Association for Geriatric Psychiatry, the Alzheimer's

Association, and the American Geriatrics Society. JAMA 1997; 278:

1363-1371.

(2) Alzheimer's Association. "2008 Alzheimer's Disease Facts and


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