Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 198.02

-1.4%

Jan 26 3:59 PM EST

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To: tdinovo who wrote (10133)	10/25/1997 9:47:00 PM
From: james	Read Replies (1) of 32384

Hi! tdinovo. I don't short stocks I've been working in biotech since I got a job, which is 15 years ago. I've seen lots of them going down, lots of them going nowhere, and a few of them make it. Drugs for metabolic diseases are extremely difficult to get through phase III, esp. for chronical usage. Its emphasis of longterm safety over efficacy kills >80% of them. If Ligand put 10 into trial (which only LLy can afford), and they all come from the same class but with different pharm. profile, I might change my mind. Nobody plays the market with 20% chance of one. You might know somemore details of their deal with LLY. I will glad to hear about it. In the world of drug development, Glaxo & Pfizer are held with the highest regarded, Merck & Ciga., are so good as anybody. Their goals are two drugs/year at the best. Have you checked LLY's pipeline lately. Quite empty! Even Bayer got involved with mAB against TNF-alpha for sepsis, & failured. Quite desperated!

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