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


To: Flagrante Delictu who wrote (21354)5/23/1998 11:54:00 PM
From: WTDEC  Read Replies (2) | Respond to of 32384
 
Hello Bernie. I'm trying to catch up...started the day behind 800 LGND posts, but now only down 350. Amazing what a bottle of '89 Silver Oak helps me do !!

Jumped ahead here to say I think the LLY filing is a very positive development for LGND. Now we have plenty of time to evaluate the situation. Even if approved, LGND may not see the CTCL market for the SRGN drug as being big enough to justify buying LLY's rights to it versus the cash infusion (which may be more important to LGND than future drug sales at the time the decision is made) from the sale of stock to LLY. IMO, LGND is saving LLY's tail (assuming approval) here no matter which way they go as drug is now in strong, friendly hands.

Hope the Brits and your tour guide treated you appropriately. Will catch up tomorrow...

Regards,

Walter