This episode of The Motley Fool's Market Checkup drills down on the days hottest headlines, including disappointing cancer drug results, a hot new way to fight high cholesterol, and potential problems out of Europe for medical device companies.
In this video, health-care analyst David Williamson discusses today's mixed bag of results for Eli Lilly (NYSE: LLY ) investors. Shares of the big pharma traded down after ramucirumab met its primary endpoints in a phase 3 trial for stomach cancer, but not in breast cancer.
Watch Market Checkup and find out why the surprise failure in treating breast cancer was so important, why the gastric cancer results may not be as good as the headlines, and what Eli Lilly's next moves are for this critical late-stage asset.
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Follow David on Twitter: @MotleyDavid.