BRIEF-Eli Lilly down in premarket after Alzheimer's treatment update

NEW YORK Wed Dec 12, 2012 7:37am EST

NEW YORK Dec 12 (Reuters) - Eli Lilly and Co : * Down 3.2 percent to $49 in premarket after the company said it plans to conduct a big new trial of its experimental Alzheimer's disease treatment among patients with mild symptoms but did not plan to seek U.S. apporval at this time

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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