Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 201.29

+0.2%

Nov 17 3:59 PM EST

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To: medsunman who wrote (11167)	11/15/1997 3:22:00 PM
From: Henry Niman	Read Replies (1) of 32384

medsunman, I had guessed that upfront fees could be as high as $100 million. The LLY deal had about $60 million up front with much more to come from milestones shortly (much of the additional $75 million in milestones will be paid when the diabetes trial begins in the US and INDs are filied for additional rexinoids - these events are slated for 1998). I'm still expecting the 3 news articles as well as new coverage by analysts.

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