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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.07-3.4%Nov 20 3:59 PM EST

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To: Henry Niman who wrote (10932)11/10/1997 8:57:00 AM
From: chirodoc  Read Replies (2) of 32384
 
<<<<< As you know, Targretin is in pivotal US Phase III trials for CTCL, with an NDA slated for next year. Phase II trials for type II diabetes began in Europe last spring.

....as a long term investor i am willing to wait. i am most confident about lgnd due to their rich pipe and realize that no one drug will send this stock or any stock to the moon.

.......but i do feel that there are a lot of other good companies that are targeting the diabetes market and do not see targretin as a blockbuster that will slay the competition. i am assuming that it will take its place as ONE OF THE more popular diabetetic treatments. does this assumption seem accurate?
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