Eli Lilly stock ticks up after FDA “breakthrough” tag for ovarian cancer drug
New York, Jan 20, 2026, 6:50 PM EST — After-hours Eli Lilly’s shares edged up 0.3% to close Tuesday at $1,041.29, then ticked 0.04% higher in after-hours action. The move followed news that the U.S. FDA granted Breakthrough Therapy designation to its ovarian cancer drug candidate, sofetabart mipitecan. (MarketScreener) The change is slight, but it hits home as investors keep their eyes on Lilly’s pipeline beyond its blockbuster diabetes and obesity treatments. With the stock already factoring in perfect execution, even a hint of new growth potential makes an impact. The designation focuses on a hard-to-treat group of adults with