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


To: CYBERKEN who wrote (13331)1/15/1998 10:23:00 AM
From: Andreas Helke  Read Replies (1) | Respond to of 32384
 
I am not shure if it such a bad thing for the potential pharma parter to miss a Leptin deal with Ligand.

The most impressive achievement of Leptin was to bring Ligand to its all time high in 1996. I would not complain if it did it again. I do now have 10 times as much shares than I had in summer 1996.

Leptin development is a high risk gamble. First it is not yet known whether Leptin or Leptin level influencing compounds can be effective medicaments and second we don't know if Ligands development programs will be successful. If they are it will be a huge market. But I personnaly don't have much confidence about the eventual success of the Leptin development programs.

Andreas