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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.07-3.4%Nov 20 3:59 PM EST

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To: Flagrante Delictu who wrote (15558)2/21/1998 7:52:00 AM
From: Henry Niman  Read Replies (2) of 32384
 
Speaking of LLY, they and MRK are mentioned in next week's Barron's in the osteoporosis article. For drug treatment, only Evista and Fosamax are mentioned. In the US there are 20 million women and 5 million men with osteoporosis. Fosamax sales are in the $1/2 Billion range and Evista sales are causing huge gyrations in LLY's stock price. No mention of LGND, either directly or through partners (PFE, AHP) who have SERMs in the clinic (Droloxifene, CP-366,156) or slated to enter this quarter (TSE424). There is also no mention of combing Targretin with Evista to improve results (sales). Both Fosamax and Evista are almost as good as estrogen for slowing bone loss, and both seem to have a better safety profile with regard to stimulating breast tissue (but I don't think that either provide the cardio-protective benefit of estrogen). AHP is mentioned in the area of patching up fractions, and the Hybritech Division of Beckman Instruments is mentioned in the diagnostic area.
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