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Biotech / Medical : Ligand (LGND) Breakout!
LGND 193.07-1.2%Dec 3 3:59 PM EST

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To: Henry Niman who wrote (17964)3/26/1998 11:11:00 PM
From: Russian Bear  Read Replies (2) of 32384
 
Henry,

A "p" of 0.00003 is pretty darn good, wouldn't you say? I would be highly surprised if the FDA didn't conduct an expedited review, given the safety profile and clear efficacy data. KS is a gravely serious condition, after all.

As for the TSE424 IND, do you know, off hand, the order of magnitude of the AHP milestone payment? Also, is it supposed to be a straight payment, or an equity purchase of some sort?

Thanks, as always,
RB

P.S. Does anyone have access to Instanet? I would be curious to know the initial reaction to the news. (I would guess that the reaction will be positive.)
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