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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: CYBERKEN who wrote (23563)7/27/1998 4:19:00 PM
From: Torben Noerup Nielsen  Read Replies (3) of 32384
 
Cyberken,

>I now see Ligand as remaining mostly in the development end of the
>business, continuing to build the pipeline, and getting profitable
>and prosperous on royalties ala' Incyte. Like any other business,
>you do what you do best.

That has been my view for quite some time now. I see absolutely no need for Ligand to turn itself into a ''large pharma". That would require an entirely new approach and it would be folly.

I think Ligand knows this. The management team isn't foolish.

Cheers, Torben
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