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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.29+0.2%3:59 PM EST

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To: Arthur Radley who wrote (23684)7/29/1998 1:50:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Speaking of fundamentals, I just read a post on a diabetes discussion group that indicated that clinical trials of 2nd and 3rd generation Rezulin compounds had been suspended. Is WLA developing 2nd and 3rd generation compounds of Rezulin, or are these trials of Sankyo?

I'm trying to get a clarification if these suspended trials are actually Rezulin derivatives or competing compounds (like SBH's Avandia).

Anyone have any info?

Problems with TZDs should speed up rexinoid development by LLY or WLA, which of course would be a plus for LGND. Still haven't found any news, although WLA is down again today.
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