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

To: Andrew H who wrote (14971)	2/13/1998 8:08:00 AM
From: tonyt	Read Replies (1) \| Respond to of 32384

> new leptin deal Are you implying that there is an existing leptin deal? I thought that we were still waiting for the first leptin deal.

To: Andrew H who wrote (14971)	2/13/1998 8:29:00 AM
From: Henry Niman	Read Replies (1) \| Respond to of 32384

Andy, I never ceases to amaze me how some posters can put up dozens of posts and still know virtually nothing about the underlying stock. Of course there is a leptin deal. The leptin promoter program was folded into the LLY deal. It targets the promoter as a means of controlling leptin levels (through agonists as well as antagonists). LGND is currently working on the signaling leptin deal. That deal has been delayed forever, and Robinson had indicated that LGND would switch partners if not finalized by the end of last month. Bernie has indicated that a fall back position (new partner) was waiting in the wings and would take a relatively short time to finalize.