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Re: Stowe post# 3481

Friday, 05/22/2020 11:15:44 AM

Friday, May 22, 2020 11:15:44 AM

Post# of 3729
$LGNDZ: Captisol sales......... up $21Million from $9Million


You see where this is going with Remdesevir ??????

https://finance.yahoo.com/news/ligand-lgnd-beats-q1-earnings-151103971.html



Captisol sales were $21.1 million compared with $9 million in the year-ago quarter. The significant increase was due to higher sales of Captisol to support evaluation of Gilead’s GILD remdesivir as treatment for patients with severe COVID-19. Remdesivir received FDA’s Emergency Use Authorization on May 1 in the United States.

Contract revenues were $2.1 million in the first quarter compared with $11.1 million a year ago.




$LGNDZ going to $2



GO $LGNDZ
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