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


To: WTDEC who wrote (19704)4/27/1998 5:37:00 PM
From: David L. Hachey  Read Replies (1) | Respond to of 32384
 
Walter;

SEPR may be a special case. In addition to their chiral separation technology, they are taking proven racemic drugs and isolating the active enantiomer and removing a potentially hazardous enantiomer. There are fewer obstacles in this path to drug development, but they still have to jump through the FDA hoops.

Although LGND's technology is very promising, a much greater level of development is required. Also, there is some competition in the field which may be unpredictable to evaluate. I own a few thousand shares of LGND, so that should tell you which way I'm betting.

Regards, ...Dave