Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 202.42

+0.6%

11:45 AM EST

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To: RXGOLF who wrote (29395)	11/15/1999 9:00:00 PM
From: WTDEC	Read Replies (2) of 32384

RX, from CBS News: "Shares of Ligand Pharmaceuticals (LGND: news, msgs) also rose in after-hours trading after posting third-quarter revenue of $9.8 million, a 151 percent increase over the $3.9 million posted last year. Ligand's net loss of 39 cents a share for quarter was greater than the 31 cents a share loss expected by analysts but an improvement over the $1.15 per share loss posted the same period last year. Ligand also noted it is scheduled to meet with the FDA 's Oncologic Drugs Advisory Committee on December 13 to review the submission of Targretin capsules. The FDA is expected to issue an action letter on the filing soon thereafter. Ligand gained 1/2 in Instinet after-hours trading to 10 3/4. <SNIP> cbs.marketwatch.com

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