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falling 1% and the State Street Health Care Select Sector SPDR ETF  dropping 1.1%.The iShares Biotechnology ETF  shed 1.6%.In corporate news, Foghorn Therapeutics  and Eli Lilly  have decided not to advance FHD-909 into the clinical development expansion phase after reviewing clinical data from a phase 1 dose escalation trial. Foghorn shares fell 16%, and Lilly was down 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Lilly's Obesity Data Support Broader Portfolio Beyond Tirzepatide, UBS Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2672699766","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672699766?lang=en_us&edition=fundamental","pubTime":"2026-10-02 00:29","pubTimestamp":1790872162,"startTime":"0","endTime":"0","summary":"Eli Lilly's  new obesity data support a broader drug portfolio beyond tirzepatide, or TZP, UBS Securities said.The analysts said in a note Wednesday that the company presented new data at the European Association for the Study of Diabetes showing that its second- and third-generation obesity drugs can deliver more than 20% weight loss in both obesity and obesity patients with type 2 diabetes, with results that appear better than tirzepatide.UBS highlighted data for eloralintide plus tirzepatide, which showed strong weight-loss results broadly in line with retatrutide. Eloralintide could help patients who cannot tolerate GLP-1 drugs or do not lose enough weight, while retatrutide could offer another option for patients with higher liver fat, UBS said.The investment firm said Lilly is building a strong incretin portfolio beyond tirzepatide, with newer drugs offering additional treatment options and potentially superior efficacy.UBS has a buy rating and a $1,425 price target on Eli 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Lilly (LLY) Ends Cancer Development Deal with Foghorn Therapeutics","url":"https://stock-news.laohu8.com/highlight/detail?id=2672676557","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672676557?lang=en_us&edition=fundamental","pubTime":"2026-10-01 23:31","pubTimestamp":1790868692,"startTime":"0","endTime":"0","summary":"Pharmaceutical giant Eli Lilly ($LLY) has ended a deal it had in place to develop cancer treatments with Foghorn Therapeutics ($FHTX). News of the 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Have Conflicting Sentiments on These Healthcare Companies: Sanofi (OtherSNYNF), Sagimet Biosciences, Inc. Class A (SGMT) and Eli Lilly & Co (LLY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2672768856","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672768856?lang=en_us&edition=fundamental","pubTime":"2026-10-01 21:50","pubTimestamp":1790862609,"startTime":"0","endTime":"0","summary":"Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Sanofi (SNYNF), Sagimet Biosciences, Inc. 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Therapeutics Slashes Jobs After Ending Cancer Drug Trials with Ely Lilly","url":"https://stock-news.laohu8.com/highlight/detail?id=2672375435","media":"Dow Jones","labels":["executive","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672375435?lang=en_us&edition=fundamental","pubTime":"2026-10-01 19:40","pubTimestamp":1790854800,"startTime":"0","endTime":"0","summary":"Foghorn Therapeutics and Eli Lilly will abandon joint development of their lead oncology candidate and cut roughly 40% of Foghorn's workforce following disappointing phase 1 trial results.Foghorn shares in Thursday's premarket trading were down 44% to $2.00.The biotechnology company on Thursday said they have decided to stop advancing FHD-909 into the clinical development expansion phase, and end their SMARCA2 partnership after data showed the drug failed to deliver sufficient efficacy in targeting lung cancer.\"Unfortunately, the biology of the SMARCA2/4 synthetic lethality relationship has not translated into the level of efficacy required to further advance the program,\" said Foghorn Chief Executive Adrian Gottschalk.Foghorn's board approved a strategic reprioritization on Sept. 30 that will eliminate about 40% of its staff-leaving the biotech with roughly 65 full-time employees.The moves are expected to extend the company's cash runway to fund its priority programs into the second 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Update: Healthcare","url":"https://stock-news.laohu8.com/highlight/detail?id=2672789918","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672789918?lang=en_us&edition=fundamental","pubTime":"2026-10-01 01:08","pubTimestamp":1790788105,"startTime":"0","endTime":"0","summary":"Healthcare stocks declined Wednesday afternoon, with the NYSE Healthcare Index down 0.4% and the State Street Health Care Select Sector SPDR ETF  shedding 0.3%.The iShares Biotechnology ETF  rose 0.4%.In corporate news, Eli Lilly  on Wednesday reported positive results from a phase 2b trial of its investigational combination of eloralintide and tirzepatide in 367 obese or overweight adults with type 2 diabetes. All combinations of EloraTZP met the primary and secondary endpoints at 48 weeks, delivering \"substantial\" weight loss and A1C reduction, the company said. Lilly shares were up 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Eli Lilly And Company (LLY) is running a Phase 2b study called 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Lilly Reports 'Positive' Results From EloraTZP Trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2671839777","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671839777?lang=en_us&edition=fundamental","pubTime":"2026-09-30 22:54","pubTimestamp":1790780089,"startTime":"0","endTime":"0","summary":"Eli Lilly  reported Wednesday \"positive\" results from a phase 2b trial of EloraTZP in 367 adults with obesity or overweight and type 2 diabetes.All combinations of EloraTZP met the primary and secondary endpoints at 48 weeks, delivering \"substantial\" weight loss and A1C reduction, the firm said. 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