Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 205.63

+1.0%

11:29 AM EST

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To: Henry Niman who wrote (9808)	10/21/1997 1:12:00 AM
From: Andrew H	Read Replies (1) of 32384

>>What most posters fail to understand is the importance of this agreement to LLY. They are using LGND's technnology to move their research into the next mellinium. LGND will harness an extraordinary share of LLY's R&D budget for developing potent oral treaments for several metabolic diseases, including but certainly not limited to diabetes. It was NOT a coincidence that LGND and LLY were on CNBC today, nor was it a coincidence that the deal was announced on the same day as LLY's earnings.<< If such is the case, we should get a couple of new brokerage coverages and recommendations before too long.

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