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


To: Mudcat who wrote (17756)3/20/1998 9:25:00 AM
From: tonyt  Read Replies (1) | Respond to of 32384
 
Why is this good news for LGND? Ligand is still testing on rats while Hoffman-LaRouche has positive results from human tests.

If anything, this could be viewed as negative news for Ligand as a competitor is further along in testing.

Why do you view this as a positive for Ligand?

--Tony



To: Mudcat who wrote (17756)3/20/1998 10:19:00 AM
From: David L. Hachey  Respond to of 32384
 
Mudcat;

"Does anyone know why Lgnd doesn't get their good news like the breast cancer rat results to be covered as a news item and not a company press release?"

Sure, the company is run by a very good group of scientists. Scientists by nature are generally conservative and consider self-promotion to be tacky. I agree they should better publicize their finding, if for no other reason than to alert the public to the incredible potential of these drugs to cure and/or prevent breast cancer.

...Dave



To: Mudcat who wrote (17756)3/20/1998 10:41:00 AM
From: SnowShredder  Respond to of 32384
 
Mudcat,

I think the article was announcing an NDA and accelerated approval. Drugs that work in rats may not work in humans. Obviously there is room for improvement...but they are further along than LGND. I'm sure that when LGND submits their NDA they will get good coverage also.

Just my 2 cents,

Where'd He Go?



To: Mudcat who wrote (17756)3/20/1998 11:06:00 AM
From: RevMikeB  Respond to of 32384
 
LGND can't make comparisons with it's drug Targretin to other drugs already on the mkt unless science backs it up. They did a great news release based on science, not speculation, when they compared Targretin to tamoxifen. That is what got me looking at this company.

News releases are important, but they can get burned just as much as helped by what they say. So they have to be careful.