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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: chirodoc who wrote (10970)11/11/1997 5:35:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
chirodoc, Pramlintide is not really stiff competition for Targretin and other rexinoids. So far it hasn't been showed to significantly help type II for extended time periods, although the lack of proof may be due to the clinical trial design. However, even if it does, most diabetics would rather treat the cause than the result of their disease. Pramlimtide in many respects is like a weaker version of insulin. Such injectables will eventually become obsolete and markets will shrink, not grow, which is one of the reasons LLY signed their deal with LGND (and I wouldn't be surprised if JNJ were talking to AGN).
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