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


To: Henry Niman who wrote (19901)5/4/1998 1:19:00 AM
From: B.D.  Read Replies (3) | Respond to of 32384
 
Henry,

An interesting article appeared tonight on the AP Newswire. Here's the story as made available from the NYT website:

nytimes.com

The article is about Harvard's Dr. Judah Folkman who's working on drugs called "angiostatin" and "endostatin" that block blood flow to tumors. Apparently the research on mice has been extremely promising. The article ends with a quote from a Nobel laureate claiming Folkman will have the cure for cancer within 2 years.

How do LGND's drugs fit in with or compare to angiostatin and endostatin? Do they complement them? Are they better?

Also, there's a company called EntreMed (Nasdaq: ENMD) that apparently has some rights to endostatin. Entremed had a late 1996 press release about it: entremed.com

I was wondering how this all might affect/benefit/compete with Ligand?