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Biotech / Medical : Biotransplant(BTRN) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (104)10/5/1998 6:21:00 PM
From: schadenfreude  Read Replies (1) | Respond to of 1475
 
**OT - LGND Robinson**

I'd just like to throw in my 2 cents. Ligand loves to talk about how they have one of the deepest pipelines around. Henry admits (or rather, boasts?) that they don't have the resources to fully fund all their projects. Yet Robinson goes out and blows $80M on a questionable drug for a tiny indication. Now the morphine pill which will be dilutive in '99 and '00. Like you said, Rick, Ligand will probably be very successful. Just not for shareholders.