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As part of efforts to boost domestic drug manufacturing, the FDA has selected seven companies for its PreCheck pilot program, including Eli Lilly (LLY) and Regeneron (REGN). The program offers early technical guidance for new manufacturing facilities to streamline regulatory approvals, according to BioSpace reports.
Eli Lilly shares closed at $1,199.43 and Regeneron at $623.54 on June 30, per market data. The pilot follows a 2025 presidential order to promote U.S. drug production and could expedite facility approvals for selected companies, though the immediate financial impact is expected to be modest.
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