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Biotech / Medical : Ligand (LGND) Breakout!
LGND 185.86-0.1%Feb 11 3:59 PM EST

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To: Arthur Radley who wrote (7442)9/24/1997 7:00:00 PM
From: Andrew H   of 32384
 
I always think about what you say TD. However, since LGND owns targretin entirely, AGN may have had them over a barrel, but it wasn't the targretin barrel. Probably something of a diabetes barrel. Anyway, Henry will explain in for us--the intricacies here are too complex .

You make a good point that that AGN must like the P2 targretin results. However, if LGND gives their partner 50% of targretin, that only leaves them 1/3 of the total. Oh, well.
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