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


To: Henry Niman who wrote (28245)2/18/1999 12:00:00 PM
From: Machaon  Respond to of 32384
 
"the return of Targretin rights will now permit us to rapidly generate
revenues"

Henry, I find Robinson's choice of words interesting. The phase II trials for Breast Cancer and Psoriasis are due for completion this year. From his statement, it implies that the trials are going well. How else could his statement be interpreted? He expects rapid generation of revenues from Targretin.

Could this be a misleading statement from Robinson, or could he be predicting an FDA approval for Targretin in CTCL, and off label Targretin uses for either Breast Cancer or Psoriasis by 2000?

<< if Targretin oral cost $20 per pill for cancer and $2 per pill for diabetes, it would be harder to sell the $20 pills >>

This is strange. If I was a cancer doctor, I would diagnose my patient as having diabetes and prescribe Targretin at $2 a pill rather than $20.