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Biotech / Medical : Ligand (LGND) Breakout!
LGND 190.43-0.7%Feb 6 9:30 AM EST

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To: squetch who wrote (11918)12/1/1997 8:50:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Stan, CNBC is talking about Rezulin. GLX has decided to stop selling it in Great Britain pending safety review. WLA has relabeled the drug (to include liver function tests) as has Sankyo in Japan (and they are also continuing with sales). However, the GLX decision to stop selling the drug in Great Britain is hitting WLA's stock price hard (down 11 in instanet trading).
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