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Biotech / Medical : Ligand (LGND) Breakout!
LGND 189.55+3.5%Dec 12 9:30 AM EST

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To: Henry Niman who wrote (9905)10/21/1997 3:50:00 PM
From: Andrew H  Read Replies (2) of 32384
 
>>but it sounds like LGND will exercise the option - the product should be FDA approved next year).<<

Henry, having read the Lehman update, I saw nothing that indicated FDA APPROVAL next year. I understood FDA submission. Approval will take anywhere from 6-18 months. Obviously you know more about this than I. Do you think this will be fast tracked? Even so, approval before 99 seems a long shot. What do you think?
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