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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.69+2.0%Dec 18 3:59 PM EST

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To: Andrew H who wrote (13519)1/20/1998 11:59:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
I also expect the merger of AHP with SBH to be a major plus for LGND. AHP has licensed progestin agonosist and antagonist form LGND and they are slated to start TSE424 in the clinic. SBH has been working on small molecules to mimic Epogen. Kevin Wilson emphasized drug discovery and rapid drug development as being very important in today's environment, and as you know, LGND is grossly underfunded and really needs help from tehh big boys. If the merger goes through, they will have two alliances with the biggest boy (at least in terms of pharmaceutical sales).
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