Replies to post #3481 on Ligand Pharmaceuticals Inc (LGND)

[makinezmoney]

$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