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


To: Henry Niman who wrote (24092)8/6/1998 3:49:00 PM
From: Machaon  Read Replies (1) | Respond to of 32384
 
Good article Henry, thanks.

Of course the "off label" law also applies to the big drugs companies also.

At the current low biotech prices, I would expect some takeovers, but not in LGND's case. LGND has too many partnerships to be taken over.

Nevertheless, there is going to be a lot of money to be made with drugs that have multiple applications.

Even with the LGND stock doing so poorly, I still really like their future possibilities, especially in the "off label" market.

Regards, Bob