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Biotech / Medical : Ligand (LGND) Breakout!
LGND 181.46-2.4%Feb 12 3:59 PM EST

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To: Cheryl Galt who wrote (28290)2/21/1999 12:05:00 PM
From: aknahow  Read Replies (2) of 32384
 

" ... the return of Targretin rights will now permit us to rapidly generate revenues from distribution
agreements pending in territories in which we will not directly market Targretin in oncology and
dermatology,'' said Ligand Chairman, President and CEO David E. Robinson. "

Robinson has just said LGND has pending agreements to sell Targretin in
countries, or geographic zones where it will not be sold by LGND for cancer or dermatology.

Since I have no idea of where these areas are, nor what it can be rapidly sold for, if PENDING agreements are finalized, I still do not know how much weight to place on this statement, nor how to value the unknown revenues, from an unknown spot on the map, for an unknown use.

But, I understand the statement.<g>
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