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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.01+0.1%2:45 PM EST

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To: Henry Niman who wrote (26703)11/30/1998 6:30:00 PM
From: J Stone  Read Replies (1) of 32384
 
Is an "approvable" letter common, or is this a Ligand spin? What's the difference between this FDA letter and the one for ONTAK?

Should the following comment in the BW concern me: "The action letter may indicate approval or may detail specific deficiencies of the NDA and the actions necessary to place the application in condition for approval."

Hopefully, LGND's 1 month estimate until final approval is accurate.
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