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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: Henry Niman who wrote (22922)7/8/1998 10:55:00 AM
From: Mudcat  Read Replies (1) of 32384
 
< Most of the more successful Biotechs (and big pharmas) have only one or two blockbusters an there is not a company with a comparable pipeline>

Henry, I think you answered your own question on why LGND's price is down. Other companies have blockbusters, Lgnd has an unproven pipeline, that is concentrating on small markets. I think the street is smart enough to know if off label uses for Panretin are in the cards.
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