Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 202.50

-2.7%

Nov 7 3:59 PM EST

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To: Biotech Jim who wrote (16604)	3/6/1998 3:16:00 PM
From: Henry Niman	Read Replies (4) of 32384

Do you know the publication date for Science? It would be nice to add that to March Madness. Last year the Nature publication on Targretin and Type II diabetes came out and it produced a nice price jump. It was coupled to the start of the European Phase II diabetes trial. However, LGND and Biotechs were heading south and the price jump was not sustained. This year however, LGND is on a roll. The price move from $11 to $16 has been impressive, but much more news is coming and LGND looks quite strong this month. The implications for an oral version of GM-CSF are very strong and I would expect SBH to run with it. Merger mania is strong as are the big pharmas and a press release on the Science paper could really attract some interest. The media is concentrating on the next blockbuster and an oral GM-CSF would really open some eyes.

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