Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.36

+1.4%

Nov 26 3:59 PM EST

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To: Biotech Jim who wrote (21553)	6/5/1998 6:45:00 AM
From: Henry Niman	Read Replies (2) of 32384

BJ, I haven't heard directly from IR, but rumor has it that the data will be out in Science very soon (couple of weeks). Many o course thought that this was impossible, which is why it will be such a major news item. The unexpectedness also allows for the issuing of EXTREMELY broad patents. I suspect that such patents make up a significant number of the 3-4 patents per month that DR has mentioned. LGND is very active in the patent area and the upcoming Science article will show why they can generate such impressive numbers with such breadth. Since LGND is publishing the data (which I am guessing is on the mouse specific molecule), I suspect that they have a human version, and the discovery was related to heavy duty SBH activity on Links to Ligand. The recent annual report gives some indication of progress in the area (see home.att.net ). It looks like the lead candidate was selected over a year ago.

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