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Biotech / Medical : Ligand (LGND) Breakout!
LGND 209.02+3.2%Nov 10 3:59 PM EST

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To: SPSEIFERT who wrote (22689)6/25/1998 10:04:00 AM
From: Henry Niman  Read Replies (3) of 32384
 
LGND has discovered a new class of compounds that are not analogs of steroids, the natural class of molecules that bind to IRs but have significant side effects.

The uploaded abstract indicates that the new compound is effective in treating animal models of prostate cancer but they do not have some of the side effects associated with other anti-androgens (which also are distinct from steroids, but not of the same class that LGND has discovered).

Compounds in this class also have anti-progestin activities and I believe that LGND has broad patent protection for such compounds.
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