Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 183.71

-1.2%

12:32 PM EST

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To: Arthur Radley who wrote (7435)	9/24/1997 6:38:00 PM
From: Andrew H	of 32384

>>One final thought, it appears that they really won't have to pay out$25M because the balance of ALRI funds will be available for LGND and AGN<< It is exciting, but awfully complex. Wating for Henry's analysis. However, I think there is only about 10M cash in ALRI, so LNGD's take will only be 5M. However, panretin will be more than a few months to the market. LGND will apply to the FDA in a few months and chances are that approval, even expedited approval, will be 6 months. Hope the market sees this as a positive. Has me pretty confused. Not happy about giving AGN royalties from panretin and targretin, but I guess you don't get something for nothing.

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