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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: Machaon who wrote (19102)4/17/1998 7:50:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Another compound that appears to be ready for IND filing is the androgen antagonist, LGD1331. In the table it is shown to be as advanced as TSE424 and AHP recently entered it into the clinic. The anti-androgen targets very large markets including prostate cancer, BPH, and hursutism.

Early reports by Bear Stearns' David Molowa had suggested that LGND would develop the prostate cancer indication and license out BPH and hursutism. The table suggests that the time line for some sort of announcement(s) is very short.

The annual report also seems to be talking more about Men's Health in addition to Women's Health as niche areas for LGND.
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