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Biotech / Medical : Ligand (LGND) Breakout!
LGND 192.84-1.7%Jan 16 3:59 PM EST

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To: Harrison Hickman who wrote (20369)5/11/1998 9:08:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Here's a recent (May 6) BancAmerica Robertson Stephens Biotech report showing their BUY rec on LGND (it used to be a STRONG BUY):

Several biotechnology companies are expected to have significant news events in the next
few weeks. Below is a calendar of some of those events, the companies involved and the
anticipated timing. We believe that the flow of news this month will help keep investment
attention focused on the sector.
Companies (Ticker - Rating) Dates Event
MedImmune (MEDI - $53-1/8) 5/5 Analyst meeting (New York)
Genzyme (GENZ - $31-7/16- NR) 5/6 Analyst meeting (Boston)
Chiron/Cephalon (CHIR -$19-
11/16- LTA; CEPH- $13-15/16 -
Buy)
5/12 User fee expiration for Myotrophin
Ergo Science (ERGO -$17-5/16-
NR)
5/14 FDA panel review of Ergoset for
diabetes
Genzyme (GENZ - NR) 5/15 FDA panel review of Thyrogen for
thyroid cancer detection
BioChem Pharma (BCHE $25-1/8-
Buy) Amgen (AMGN - Buy)
5/16-
5/22
Digestive Disease Week (New Orleans)
Sequus (SEQU- 12-1/16 - Strong
Buy)
Amgen (AMGN - Buy)
Ligand (LGND -13-7/8- Buy)
ImClone (IMCL-11-1/4 - MP)
Immunex (IMNX- 72-1/4 - NR)
Idec (IDPH -$35-3/8 NR)
Coulter (CLTR - 28-3/4- NR)
5/16-
5/19
American Society of Clinical Oncology
(Los Angeles)
AMGN analyst briefing at ASCO (5/18)
BioChem Pharma (BCHE - Buy) 5/22 Analyst meeting (Quebec)
Centocor (CNTO-$41-1/8 - NR) 5/28 FDA panel review of Avakine for severe
Crohn's disease
Sequus (SEQU - Strong Buy) 5/29 Analyst meeting (New York)
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