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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.62+0.1%Dec 24 12:59 PM EST

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To: jayhawk969 who wrote (26562)11/17/1998 1:53:00 PM
From: Machaon  Read Replies (2) of 32384
 
<< ... anyone else expect approximately $20MM in milestones and/or other income >>

The LGND/LLY Phase II trials for type II diabetes has been going on in Belgium and the Netherlands since March 1997. Perhaps Ligand "expected" royalties/milestones from this program?!

Sure would be nice to see some preliminary data on this trial. Obviously they haven't stopped the trial early based on positive or negative results. It'll be two years this coming March, 1999.
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