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


To: Skeeter Bug who wrote (20292)5/9/1998 6:57:00 AM
From: Henry Niman  Respond to of 32384
 
H&Q did not really explain the $0.84, but anything close would cause a major price explosion. The differnce is about $30 million in profits, which could come from off label use or additional alliances, both of which are real possibilities.

Recently, H&Q put out a very bullish Biotech report, so they may just be more optimistic about the sector in general. LGND's pipeline:
home.att.net begins to show where some of this extra money could come from.