** Shares of biotechnology firm AnaptysBio fall ~29% to $21.99 premarket
** Pharma giant Eli Lilly , in an investor presentation, discloses it has dropped ANAB's PD-1 agonist peresolimab to treat rheumatoid arthritis from its pipeline
** "The clinical program's discontinuation is a negative for perception of ANAB's PD-1 agonist rosnilimab," analysts at Leerink Partners wrote in a note
** As of last close, ANAB up ~44% YTD
(Reporting by Manya Saini in Bengaluru)
((Manya.Saini@thomsonreuters.com))
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