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Biotech / Medical : Ligand (LGND) Breakout!
LGND 185.97-0.4%Feb 10 3:59 PM EST

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To: Abuckatatime who wrote (7656)9/25/1997 4:23:00 PM
From: Henry Niman   of 32384
 
Greg, In that past, AGN's focus has been skin and eye diseases. However, I thought that the split up of the retinoid/rexinoids would allow them to expand their horizons through alliances. They did talk about corporate partner opportunities which I assumed would be along the same lines as LGND's alliances. They were initailly focusing on their specialty (skin diseases), but they included oncology and "other indications" when they discussed their research focus.

AGN has been looking for an acquirer for some time. It may still be JNJ who has plenty of muscle and may very well target many areas simultaneously.
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