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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.34+0.1%3:59 PM EST

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To: Henry Niman who wrote (19358)4/20/1998 10:07:00 AM
From: John O'Neill  Read Replies (1) of 32384
 
Henry,
Thanks for the clarification of IND and NDA timeline criteria; I'm sure there are others on this thread that benefit from basic stuff like this.

I gather from your earlier comments that LGND would be considering taking the LLY drug in lieu of $ and increased royalties because they might see a faster profitability from a choice of taking LLY's drug.

Do you think that is the correct view? Otherwise it would seem that LGND's pipeline is already rich enough without adding another drug.

JO
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