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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.01+2.1%11:33 AM EST

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To: WTDEC who wrote (22394)6/17/1998 6:12:00 PM
From: Flagrante Delictu  Read Replies (5) of 32384
 
Walter, To quote from Bloomberg's report on the story, " The FDA's letter means the drug can't be approved until the deficiencies are corrected", the companies said. Still, officials of SRGN said the agency's action was not a significant setback for the drug.
"We don't view this as something that is unusual or daunting or larger than usual" said Jean Nichols, president & chief technology officer at SRGN.
" This is primarily clarification" of the company's studies, she said."It's not new data, not new trials."
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