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Biotech / Medical : Ligand (LGND) Breakout!
LGND 202.90-1.7%12:59 PM EST

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To: Hippieslayer who wrote (21519)5/28/1998 8:38:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Here's what Dow Jones said about yesterday's press release:
Dow Jones Newswires -- May 27, 1998

Ligand Files NDA For Panretin Gel In Kaposi's Sarcoma

SAN DIEGO (Dow Jones)--Ligand Pharmaceuticals Inc. (LGND) submitted a new drug application to the Food and Drug Administration for Panretin gel, its AIDS-related Kaposi's sarcoma topical treatment.

As reported March 26, the pharmaceutical company said final analysis of its Phase III pivotal trial data indicated 37.1% of patients treated with Panretin gel experienced complete or partial response compared with 6.9% of patients using a placebo.
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