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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.88-1.2%Dec 22 3:59 PM EST

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To: Proton who wrote (13627)1/23/1998 12:36:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
P2, LGND has several miletones tied to PFE's development of Droloxifene and CP-366,156. I'm sure that an NDA filing for Droloxifene is one, but since the PFE alliance was an osteoporosis drug, I'm not sure how significant a milestone for an NDA for breast cancer would be. They may get a similar or larger payment for Droloxifene moving in Phase III for osteoporosis or CP-366,156 moving into Phase II for osteoporosis.
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