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LGND: Receives $2M Milestone Payment from Merck's N. V. Organon

Posted on: Thu, 19 Nov 2009 09:23:00 EST

Symbols: MRK, LGND

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Ridgeland, MS, NOV 19, 2009 (EventX/Knobias.com via COMTEX) --
MRK | Quote | Chart | News | PowerRating -- By Fain Hughes, fhughes@knobias.com

Ligand Pharmaceuticals Incorporated ( LGND | Quote | Chart | News | PowerRating) has received $2 million in milestone payments from N. V. Organon, a subsidiary of Merck & Co., Inc., stemming from its research collaboration that is due to expire at the end of December.

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For full details on Merck & Co (MRK) MRK. Merck & Co (MRK) has Short Term PowerRatings at TradingMarkets. Details on Merck & Co (MRK) Short Term PowerRatings is available at This Link.

For full details on Ligand Pharmaceuticals B (LGND) LGND. Ligand Pharmaceuticals B (LGND) has Short Term PowerRatings at TradingMarkets. Details on Ligand Pharmaceuticals B (LGND) Short Term PowerRatings is available at This Link.

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