Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 200.79

-0.2%

Nov 14 9:30 AM EST

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To: RevMikeB who wrote (23444)	7/22/1998 6:51:00 PM
From: Machaon	Read Replies (1) of 32384

<< There is a downside though: when drugs are approved, the news gets to everyone more so than at any other time for biotechs. >> Well...... there is one other time: Earnings report time. << Off-label use is harder to predict since Doctors might not know about using Targretin as other treatments or they might be less inclined to do it without FDA approval. >> Under new FDA guidelines, if I remember them correctly, drug companies only have to show efficacy in Clinical trials in order for doctors to be able to legally prescribe the drug for off-label. So it depends upon how well Ligand executes this side of their business. From their 1997 annual report: "In Parallel, the Company is conducting Phase II clinical trials in several types of cancer and dermatological disorders that have larger patient populations to determine future Phase III trials and to provide physicians with valuable information about additional activity of the drugs" Good luck, Bob

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