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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.070.0%12:50 PM EST

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To: james who wrote (10142)10/25/1997 10:34:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
james, I'm not sure where to start with your comments. LGND has a very strong patent position on most of their drugs (over 150 issued and 200 pending). Publishing a patented structure actually makes it more difficult for others to protect, because the publication puts the structure in the public domain.

Targretin has been in clinical trails for 3 years now. The Nature article came out 8 months after pivotal Phase III Targretin trials (for CTCL) were announced. These trials are scheduled for completion next year. Targretin will probably be on pharmacy shelves in 1999 and LGND's phase II European trial for type II diabetes is finishing up.

I assume that you are way behind the curve on LGND. In fact the relationship between RXRs and PPARs (heterodimer formation) was published by Ligand scientists in 1992, before LGND even went public. LGND discovered RXRs and in 1992 their natural ligand, 9-cis retinoid acid, the first polypeptide hormone to be discovered in over 25 years, was described.

The Nature article is old news to most. If fact the announcement of the diabetes indication was made Sept 12, 1996, the same day that this thread began, not in the March, 1997 Nature paper. Check out the past 10,000 post. I think you have missed a few critical details.
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