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Biotech / Medical : Ligand (LGND) Breakout!
LGND 190.25-2.7%3:59 PM EST

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To: Henry Niman who wrote (14496)2/9/1998 5:50:00 PM
From: rocket  Read Replies (1) of 32384
 
Henry--Do you know, or have any way of surmising, what LGND's current burn rate is? I would think it it quite high due to the number of clinical trials, but it appears the current cash on hand and other potential partnerships, milestone payments, etc. keeps LGND strong with little likelihood of crashing, even if untoward phase iii trials should occur. Thanks. Karl
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