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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (29616)12/14/1999 8:05:00 AM
From: Arthur Radley  Respond to of 32384
 
I hope you fellows are right. Remember, on Friday I made the LAST purchase that was posted for the day so I was adding with hopes that we would react with a bang UP. Also, for this issue of filing for early stage CTCl, if you look at this news release before the FDA met, you will see the headline stating that they filed for Early stage CTCL and then in the body of the release it refers to stage Ia, which I assume is a fairly early stage for this disease.
As for the after market trades, I wouldn't put much faith in them as they are retail trades and our hopes are in the hands of "big boys" coming into the stock.
As stated earlier...my fingers are crossed.

Ligand Submits NDA for Targretin Gel for Treatment of Patients with Early Stage Cutaneous T-Cell Lymphoma
Targretin(R) Gel Potentially the First Approved Topical Treatment For CTCL
SAN DIEGO--(BW HealthWire)--Dec. 9, 1999-- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) announced today that it has submitted to the U.S. Food and Drug Administration (FDA) a New Drug Application (NDA) for Targretin(R) (bexarotene) gel 1%, a novel topical therapy for the treatment of cutaneous lesions in patients with Stage IA, IB or IIA cutaneous T-cell lymphoma (CTCL) who have not tolerated other therapies or who have refractory or persistent disease.

The FDA has granted Targretin orphan drug designation for the treatment of patients with CTCL, and Ligand has requested priority review status of the NDA filing. If the Targretin gel NDA is granted priority review status, the FDA is expected to complete its review of the application within six months of the submission.

If granted marketing clearance, Targretin



To: Brian Malloy who wrote (29616)12/14/1999 8:06:00 AM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
It should be interesting. Legg Mason is trying to put a lid the the action, but investors should know that the real game in town is off label Targretin use for a variety of advanced cancers, including breast cancer, which should begin in earnest in just a couple of months.