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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST
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To: Mudcat who wrote (27243)1/6/1999 7:13:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< Just another example of Lgnd doing what they do best(Screwing the shareholder) >>

Would you mind adding that as your favorite quote in your SI profile?

Hey! Now that you have been designated the thread's best loved naysayer, I've got some info for you.

From the 1998 Annual Report:

"Ligand could begin marketing Panretin gel, our first product, as early as late 1998 or early 1999"

"In addition, and NDA is planned for Panretin Capsules in KS in 1999."

"Ligand is also conducting three pivotal trials with Targretin in CTCL; one Phase III trial with Targetin Gel and two phase II/III trials with Targretin Capsules. An interim analysis of the results of the oral trials was positive. If final trial reslts are also positive we expect to file an NDA for each of these drugs in the second half of 1998 or early 1999".

<================================================================>

I've been complaining of lack of info. I guess I should do more reading, because the important info was printed a year ago. They are right on schedule, and have had positive interim results with Targretin.

Greg made a good point about enjoying getting screwed as a shareholder. If you are a shareholder, but don't like to post any positive info on the stock that you own, and only like to knock the stock, one has to wonder.

Have you added to your position in LGND, during the bleak down days of 1998?
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