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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.15-1.3%Jan 23 9:30 AM EST

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To: Mudcat who wrote (20022)5/4/1998 3:07:00 PM
From: Torben Noerup Nielsen  Read Replies (2) of 32384
 
Mudcat,

>Lgnd puts out mice model data on breast cancer and the stock doesn't
>move.

I'm pretty sure LGND's experiments were done on rats; not mice :-). I'd rate the rat model as slightly more realistic.

ENMD is shooting up primarily because of the publicity. Somehow the news media has decided that this is the weapon that will finally allow us to wipe out cancer.

Maybe anti-angiogenesis drugs will work as well in humans as they apparently do in naked mice. If this is the case, the cancer programs LGND has now won't be worth much. But the other programs are fine.

And if these drugs really do wipe out cancer, I will take the loss on LGND and be fairly happy about it. It is a really nasty disease.

Thanks, Torben
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