Articles from Ligand Pharmaceuticals Incorporated
Ligand to Present at the Oppenheimer 35th Annual Healthcare Life Sciences Conference
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza will present at the Oppenheimer 35th Annual Healthcare Life Sciences Conference on February 11, 2025 at 2:40 p.m. Eastern Time.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 6, 2025
Ligand Hosts 2024 Investor and Analyst Day and Introduces 2025 Guidance
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) will host its Investor and Analyst Day in Boston today. The event will feature presentations from Ligand CEO Todd Davis, CFO Tavo Espinoza, and other members of the senior management team who will provide an in-depth review of the company’s growth strategy, portfolio, platform technologies, and long-term financial outlook.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 10, 2024
Ligand to Present at Stifel 2024 Healthcare Conference
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza will present at the Stifel 2024 Healthcare Conference in New York on Tuesday, November 19, 2024, at 12:40 p.m. Eastern Time.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 14, 2024
Ligand Reports Third Quarter 2024 Financial Results and Raises 2024 Guidance
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today reported financial results for the three and nine months ended September 30, 2024, and provided an operating forecast and business update. Ligand management will host a conference call and webcast today at 8:30 a.m. Eastern Time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 7, 2024
Ligand to Host Investor and Analyst Day on December 10, 2024 in Boston
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will host an Investor and Analyst Day in Boston on Tuesday, December 10, 2024 from 10:30 a.m. to 12:00 p.m. Eastern Time.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 1, 2024
Ligand to Report Third Quarter 2024 Financial Results on November 7, 2024
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report third quarter 2024 financial results before the opening of the U.S. financial markets on Thursday, November 7, 2024. The company will hold a conference call that same day beginning at 8:30 a.m. ET to discuss the results and provide a general business update.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 23, 2024
Ligand Partner Travere Therapeutics Receives Full FDA Approval for FILSPARI® (sparsentan), the Only Non-Immunosuppressive Treatment that Significantly Slows Kidney Function Decline in IgA Nephropathy
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its partner Travere Therapeutics, Inc. (Nasdaq: TVTX) has received full approval from the U.S. Food and Drug Administration (FDA) for FILSPARI® (sparsentan) to slow kidney function decline in adults with primary IgAN who are at risk of disease progression. Ligand is entitled to milestone payments and a 9% royalty on worldwide net sales of FILSPARI.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 6, 2024
Ligand to Present at H.C. Wainwright 26th Annual Global Investment Conference
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza will present at the H.C. Wainwright 26th Annual Global Investment Conference in New York on Tuesday, September 10, 2024, at 8:30 a.m. Eastern Time.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 20, 2024
Ligand Reports Second Quarter 2024 Financial Results
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today reported financial results for the three and six months ended June 30, 2024, and provided an operating forecast and business update. Ligand management will host a conference call and webcast today at 4:30 p.m. Eastern Time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 6, 2024
Ligand to Report Second Quarter 2024 Financial Results on August 6, 2024
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report second quarter 2024 financial results after the close of the U.S. financial markets on Tuesday, August 6, 2024, and will hold a conference call at 4:30 p.m. Eastern Time that same day to discuss financial results and provide a general business update.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 23, 2024
Ligand to Acquire APEIRON Biologics AG for $100 Million
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it has entered into a definitive agreement to acquire APEIRON Biologics AG, which holds royalty rights to QARZIBA® (dinutuximab beta) for the treatment of high-risk neuroblastoma, for $100 million in cash. In addition, Ligand will pay APEIRON shareholders additional consideration based on future commercial and regulatory events, including up to $28 million if QARZIBA royalties exceed certain predetermined thresholds by either 2030 or 2034, respectively.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 8, 2024
Ligand Partner Verona Pharma Announces FDA Approval of Ohtuvayre™ (ensifentrine), First Inhaled Novel Mechanism for Maintenance Treatment of COPD in More Than 20 Years
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its partner Verona Pharma plc has received approval from the U.S. Food and Drug Administration (FDA) for Ohtuvayre™ (ensifentrine). Ohtuvayre is the first inhaled product with a novel mechanism of action available for the maintenance treatment of chronic obstructive pulmonary disease (COPD) in adult patients in more than 20 years. Ligand has earned a $5.8 million milestone payment upon FDA approval of Ohtuvayre and will earn an additional $13.8 million upon its commercial launch which is expected to occur during the third quarter of 2024. Ligand is entitled to a low single-digit royalty on worldwide net sales of Ohtuvayre.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · June 27, 2024
Ligand Collaborator Merck Receives FDA Approval for CAPVAXIVE™ (Pneumococcal 21-valent Conjugate Vaccine) for Adults
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its collaborator Merck, known as MSD outside the United States and Canada, has received approval from the U.S. Food and Drug Administration (FDA) for CAPVAXIVE™, previously known as V116, a 21-valent pneumococcal conjugate vaccine for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in the adult population. The indication for pneumococcal pneumonia is under accelerated approval. The FDA approval of CAPVAXIVE triggers a $2 million milestone payment to Ligand and the company is entitled to a royalty on worldwide net sales.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · June 18, 2024
Ligand to Participate in Upcoming Investor Conferences
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Todd Davis (Chief Executive Officer) and Tavo Espinoza (Chief Financial Officer) will participate in the following upcoming investor conferences:
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 23, 2024
Ligand Reports First Quarter 2024 Financial Results
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today reported financial results for the three months ended March 31, 2024, and provided an operating forecast and business updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern Time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 7, 2024
Ligand and Agenus Enter Into $100 Million Royalty Financing Agreement
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) and Agenus Inc. (Nasdaq: AGEN), a leader in discovering and developing novel immunological agents to treat various cancers, today announced that the companies have entered into a royalty financing agreement to support Agenus’ key development initiatives in the ongoing BOT/BAL clinical development program, including its planned confirmatory Phase 3 trial in its lead indication of patients with metastatic, relapsed/refractory colorectal cancer not microsatellite instability-high (MSI-H) or deficient mismatch repair (dMMR), who are without active liver metastases (r/r MSS CRC NLM), along with other launch readiness activities.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 7, 2024
Ligand to Report First Quarter 2024 Financial Results on May 7, 2024
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report first quarter 2024 financial results after the close of the U.S. financial markets on Tuesday, May 7, 2024, and will hold a conference call at 4:30 p.m. Eastern Time that same day to discuss financial results and provide a general business update.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 23, 2024
Ligand Pharmaceuticals Announces New Topiramate Injection Data Presented at 9th London-Innsbruck Colloquium on Status Epilepticus and Acute Seizures Conference
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its partners at the University of Minnesota (UMN) and CURx Pharmaceuticals, Inc. presented new data on Captisol-enabled™ Topiramate Injection (IV topiramate), a potential replacement therapy for the treatment of certain emergent neurological conditions, including epilepsy, when oral administration is not feasible.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 8, 2024
Ligand Pharmaceuticals Announces Launch of Pelthos Therapeutics to Accelerate Commercialization of ZELSUVMI™
Ligand Pharmaceuticals (Nasdaq: LGND) today announced the launch of Pelthos Therapeutics (Pelthos), a biopharmaceutical company, and the appointment of seasoned industry executive Scott Plesha to the role of Chief Executive Officer.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 3, 2024
Ligand Pharmaceuticals to Present at Barclays 26th Annual Global Healthcare Conference
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that Chief Executive Officer Todd Davis and Chief Financial Officer Tavo Espinoza will participate in a fireside chat at the Barclays 26th Annual Global Healthcare Conference in Miami on Thursday, March 14, 2024, at 10:45 a.m. Eastern Time.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · March 5, 2024
Ligand Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that effective March 1, 2024, Ligand’s Human Capital Management and Compensation Committee approved the grant of a non-qualified stock option award to purchase 15,100 shares of its common stock to one non-executive employee. The grant date for the options was March 1, 2024.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · March 4, 2024
Ligand Reports Fourth Quarter and Full Year 2023 Financial Results
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today reported financial results for the three and twelve months ended December 31, 2023, and provided an operating forecast and business updates. Ligand management will host a conference call and webcast today beginning at 8:30 a.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 27, 2024
Ligand Partner Eisai Receives Approval in Japan for Injection Formulation of Antiepileptic Drug Fycompa®
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that its partner Eisai Co., Ltd. obtained marketing authorization approval in January 2024 from the Japanese Ministry of Health, Labour and Welfare for the injection formulation of its in-house discovered antiepileptic drug (AED) Fycompa® (perampanel) in Japan as an alternative therapy when oral administration is temporarily not possible. Fycompa is formulated with Captisol®, a Ligand technology.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 22, 2024
Ligand Pharmaceuticals Expands Senior Leadership Team with Two Key Hires
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced it has appointed Richard Baxter to the role of Senior Vice President of Investment Operations, and Karen Reeves, M.D., to Senior Vice President of Clinical Strategy and Investments. Both executives will report to CEO Todd Davis.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 16, 2024
Ligand to Report Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report full year and fourth quarter 2023 financial results before the opening of the U.S. financial markets on Tuesday, February 27, 2024, and will hold a conference call at 8:30 a.m. Eastern Time that same day to discuss financial results and provide a general business update.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 13, 2024
Ligand Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that effective February 1, 2024, Ligand’s Board of Directors approved the grant of non-qualified stock option awards to purchase an aggregate of 93,700 shares of its common stock, 32,750 restricted stock units (“RSUs”) and 40,000 performance stock units (“PSUs”) (at the target level) to two non-executive employees. The grant date for the options, the RSUs and the PSUs was February 1, 2024.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 1, 2024
U.S. Food and Drug Administration Approves ZELSUVMI™ as a First-in-Class Medication for the Treatment of Molluscum Contagiosum
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that the U.S. Food and Drug Administration (FDA) has approved ZELSUVMI™ (berdazimer topical gel, 10.3%) for the treatment of molluscum contagiosum (molluscum) in adults and pediatric patients one year of age and older.i The FDA approved ZELSUVMI as the first novel drug for the treatment of molluscum infections.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · January 5, 2024
Ligand Holds Investor and Analyst Day; Provides Update on Portfolio Progress and Recent Transactions; Introduces 2024 Guidance
Ligand Pharmaceuticals Incorporated (NASDAQLGND) hosted an Investor and Analyst Day in New York City earlier today. CEO Todd Davis and other members of Ligand’s senior management team provided an overview of the company’s business model and investment selection process, reviewed the progress of the portfolio including near-term partner milestones, and introduced 2024 guidance. A copy of the presentation and a replay of the webcast are available at investor.ligand.com.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 12, 2023
Ligand to Host Investor and Analyst Day on December 12, 2023 in New York City
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will host its Investor and Analyst Day on Tuesday, December 12, 2023.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 6, 2023
Ligand Reports Third Quarter 2023 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and nine months ended September 30, 2023, and provided an operating forecast and business updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern Time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 8, 2023
Ligand Acquires Royalty on Sanofi’s TZIELD® for $20 Million
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that it has acquired Tolerance Therapeutics, Inc. (“Tolerance Therapeutics”) for $20 million in cash. Tolerance Therapeutics is a holding company, owned by the inventors of TZIELD (teplizumab-mzwv), that is owed a royalty of less than 1% on worldwide net sales. The transaction will be immediately accretive to Ligand’s royalty revenue.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 1, 2023
Ligand To Report Third Quarter 2023 Financial Results On November 8
Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) will report third quarter 2023 financial results after the close of the U.S. financial markets on Wednesday, November 8, 2023, and will hold a conference call at 4:30 p.m. Eastern Time that same day to discuss financial results and provide a general business update.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 25, 2023
Ligand Acquires Assets of Novan, Inc. for $12.2 Million
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that it has closed the transaction to acquire assets of Novan, Inc. (“Novan”) following the offer it made on July 17, 2023. On July 17, 2023, Ligand offered $15 million to acquire all of the assets of Novan as well as to provide up to $15 million in debtor-in-possession (“DIP”) financing. In September 2023, the Bankruptcy Court approved a $12.2 million bid from Ligand to purchase berdazimer gel and all the assets related to the NITRICIL™ technology platform, and the rights to the Bayer-partnered Sitavig program. The remaining commercial assets of EPI Health will be sold to other parties. The approved $12.2 million bid was credited to the $15 million DIP financing, with the balance of $2.8 million and accrued interest repaid to Ligand. Berdazimer gel remains on track for a PDUFA goal date of January 5, 2024, as the first potential at-home treatment for molluscum contagiosum.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 27, 2023
Ligand Appoints Martine Zimmermann to its Board of Directors
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced the appointment of Martine Zimmermann, PharmD, to its Board of Directors as an independent director. Dr. Zimmermann brings 25 years of global experience in the pharmaceutical industry to Ligand’s board.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 26, 2023
Ligand’s Partner Jazz Pharmaceuticals Receives European Commission Approval for Enrylaze® (a recombinant Erwinia asparaginase or crisantaspase) for the Treatment of Acute Lymphoblastic Leukemia and Lymphoblastic Lymphoma
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its partner Jazz Pharmaceuticals plc (Nasdaq: JAZZ), (“Jazz”) has been granted marketing authorization by the European Commission (EC) for Enrylaze® (JZP458; a recombinant Erwinia asparaginase or crisantaspase) for use as a component of a multi-agent chemotherapeutic regimen for the treatment of acute lymphoblastic leukemia (ALL) and lymphoblastic lymphoma (LBL) in adult and pediatric patients (one month and older) who have developed hypersensitivity or silent inactivation to E. coli-derived asparaginase. Enrylaze, approved as Rylaze® in the United States and Canada, is a new Erwinia-derived asparaginase developed using a next-generation recombinant technology with a safety profile consistent with that of other asparaginase preparations.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 22, 2023
Ligand’s Partner Travere Therapeutics Announces Confirmatory Data from the Phase 3 PROTECT Study of FILSPARI® Demonstrating Long-Term Kidney Function Preservation in IgA Nephropathy; Narrowly Missing eGFR Total Slope Endpoint versus Active Control
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its partner Travere Therapeutics, Inc. (Nasdaq: TVTX) (“Travere”) today released topline, two-year confirmatory secondary endpoint results from its pivotal, head-to-head Phase 3 PROTECT Study of FILSPARI® (sparsentan) in IgA nephropathy (IgAN) versus irbesartan. FILSPARI demonstrated long-term kidney function preservation and achieved a clinically meaningful difference in estimated glomerular filtration rate (eGFR) total and chronic slope versus irbesartan, narrowly missing statistical significance in eGFR total slope while achieving statistical significance in eGFR chronic slope for purposes of regulatory review in the EU. FILSPARI is currently available under accelerated approval in the U.S. Travere will engage with regulators and expects to submit a supplemental New Drug Application (sNDA) in 1H 2024 for full approval in the U.S.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 21, 2023
Ligand Spins Out and Merges Pelican Subsidiary with Primordial Genetics to Form Primrose Bio
Ligand Pharmaceuticals Incorporated (NASDAQLGND) (“Ligand,” the “Company” or “we”) announced that it has entered into a merger agreement, pursuant to which its subsidiary, Pelican Technology Holdings, Inc., (“Pelican”) has become a wholly owned subsidiary of Primrose Bio, Inc. (“Primrose Bio”, formerly known as Primordial Genetics, Inc.). Primrose Bio is a stand-alone private company focused on synthetic biology. As part of the transaction, Ligand retains the existing commercial royalties related to the Pelican Expression Technology® and will own 49.9% of Primrose Bio. Simultaneous with the merger, Ligand entered into a Purchase and Sale Agreement with Primrose Bio and contributed $15 million in exchange for a portion of the economic rights from two contracts previously entered into by Primordial Genetics and an economic interest in potential future revenues generated from PeliCRM197®.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 18, 2023
Ligand Pharmaceuticals Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that on September 1, 2023, the Human Capital Management and Compensation Committee of Ligand’s Board of Directors granted non-qualified stock option awards to purchase an aggregate of 50,000 shares of its common stock to one non-executive employee in connection with the employee’s commencement of employment under the Ligand Pharmaceuticals Incorporated 2022 Employee Inducement Plan (the “Inducement Plan”). The stock options were granted as an inducement material to the employee’s commencement of employment and were granted as an employment inducement award pursuant to NASDAQ Listing Rule 5635(c)(4).
By Ligand Pharmaceuticals Incorporated · Via Business Wire · September 1, 2023
Ligand Reports Second Quarter 2023 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and six months ended June 30, 2023, and provided an operating forecast and business updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 8, 2023
Ligand’s Collaborator Merck Announces V116, an Investigational, 21-valent Pneumococcal Conjugate Vaccine Specifically Designed for Adults, Met Key Immunogenicity and Safety Endpoints in Two Phase 3 Trials
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its collaborator Merck, known as MSD outside of the United States and Canada, today announced positive topline results from two Phase 3 trials evaluating V116, an investigational 21-valent pneumococcal conjugate vaccine in vaccine-naïve and previously vaccinated individuals. If approved, V116 would be the first pneumococcal conjugate vaccine specifically designed for adults. Results from the STRIDE-3 trial demonstrated statistically significant immune responses compared to PCV20 (pneumococcal 20-valent conjugate vaccine) in vaccine-naïve adults for serotypes common to both vaccines as assessed by serotype-specific opsonophagocytic activity (OPA) 30 days post-vaccination. Positive immune responses were also observed for serotypes unique to V116. Additionally, results from STRIDE-6 demonstrated that V116 was immunogenic for all 21 pneumococcal serotypes in the vaccine among adults who previously received a pneumococcal vaccine at least one year prior to the study. In both studies, V116 had a safety profile comparable to the comparator in the studies. Results will be shared with the scientific community in the near future and will support global regulatory licensure applications.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 27, 2023
Ligand To Report Second Quarter 2023 Financial Results On August 8
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report second quarter 2023 financial results after the close of the U.S. financial markets on Tuesday, August 8, 2023, and will hold a conference call at 4:30 p.m. Eastern Time that same day to discuss financial results and provide a general business update. Speakers on the call will include Ligand’s CEO Todd Davis, President and COO Matt Korenberg, and CFO Tavo Espinoza.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 25, 2023
Ligand Offers $15 Million to Acquire Assets of Novan, Inc.
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that it has made an offer to acquire the assets of Novan, Inc. (Nasdaq: NOVN) (“Novan”) for $15 million in cash and provide up to $15 million in DIP financing to Novan inclusive of a $3 million bridge loan already funded. Novan announced earlier today that it has filed for Chapter 11 reorganization and its entry into a stalking horse acquisition offer with Ligand. The transaction is designed to preserve and maximize the value of Novan’s commercial business and berdazimer gel development assets. Berdazimer gel is in development for molluscum contagiosum infection, which has a filed new drug application (“NDA”) with the Food and Drug Administration (“FDA”) with an assigned PDUFA goal date of January 5, 2024. Ligand acquired milestone and royalty rights to berdazimer gel in 2019. If Ligand’s bid is the successful bid in the anticipated bankruptcy sale and auction process, Ligand will acquire the Novan assets and consistent with Ligand’s business model, will seek to out license or sell the existing development programs and commercial business assets of Novan.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 17, 2023
Ligand’s Partner Viking Therapeutics Announces Positive Top-Line Results from Phase 2b VOYAGE Study of VK2809 in Patients with Biopsy-Confirmed Non-Alcoholic Steatohepatitis (NASH)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its partner Viking Therapeutics, Inc. (“Viking”) NASDAQ: VKTXNASDAQVKTX)
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 16, 2023
Ligand Reports First Quarter 2023 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three months ended March 31, 2023, and provided an operating forecast and business updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 4, 2023
Ligand to Report First Quarter 2023 Financial Results on May 4, 2023
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report first quarter 2023 financial results after the close of the U.S. financial markets on Thursday, May 4, 2023, and will hold a conference call at 4:30 p.m. Eastern Time that same day to discuss financial results and provide a general business update. Speakers on the call will include Ligand’s CEO Todd Davis, President and COO Matt Korenberg, and CFO Tavo Espinoza.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 24, 2023
Ligand Reports Fourth Quarter and Full Year 2022 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and 12 months ended December 31, 2022, and provided an operating forecast and business updates. These financial results are presented on a continued operations basis as OmniAb was spun out on November 1, 2022 and is reported as discontinued operations. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 22, 2023
Ligand’s Partner Travere Therapeutics Announces FDA Accelerated Approval of FILSPARI™ (sparsentan), the First and Only Non-immunosuppressive Therapy for the Reduction of Proteinuria in IgA Nephropathy
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its partner Travere Therapeutics, Inc. (Nasdaq: TVTX) has received accelerated approval from the U.S. Food and Drug Administration (FDA) for FILSPARI™ (sparsentan) to reduce proteinuria in adults with primary IgAN at risk of rapid disease progression, generally a urine protein-to-creatinine ratio (UPCR) ≥1.5 g/g.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 17, 2023
Ligand to Report Fourth Quarter Financial Results on February 22
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report fourth quarter 2022 financial results after the close of the U.S. financial markets on Wednesday, February 22, 2023 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO Todd Davis, President and COO Matt Korenberg and CFO Tavo Espinoza.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 6, 2023
Ligand’s Partner Novan Submits New Drug Application to the U.S. FDA for Berdazimer Gel, 10.3% (SB206) for the Treatment of Molluscum Contagiosum
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that its partner Novan, Inc. (Nasdaq: NOVN) has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) seeking marketing approval for berdazimer gel, 10.3% (SB206) for the topical treatment of molluscum contagiosum (molluscum). Assuming the filing is accepted by the FDA and given a typical 12-month review process, Novan anticipates a potential first quarter 2024 approval.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · January 6, 2023
Ligand Pharmaceuticals Names Director Todd C. Davis as CEO
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that John Higgins has retired as Chief Executive Officer, effective as of today, and that the company’s board of directors has named Todd C. Davis as Chief Executive Officer. Mr. Higgins will resign as a director of the company on December 31, 2022.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 5, 2022
Ligand to Hold Investor and Analyst Day on December 13
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that it will hold an Investor and Analyst Day at The St. Regis New York on December 13, 2022, from 11:00 a.m. to 12:30 p.m. Eastern time (8:00 a.m. to 9:30 a.m. Pacific time). A live and archived webcast will be available for those unable to attend in person. Presenters will include:
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 16, 2022
Ligand Reports Third Quarter 2022 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and nine months ended September 30, 2022 and provided operating and program updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 7, 2022
Ligand Announces Completion of OmniAb Spin-Off
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced the company has completed the expected tax-free spin-off of its OmniAb antibody discovery business which has become OmniAb, Inc., an independent publicly traded company. OmniAb will begin regular-way trading November 2, 2022 on NASDAQ under the stock ticker symbol “OABI.” Ligand continues to trade under the stock ticker symbol “LGND.”
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 1, 2022
Ligand Distribution of OmniAb Complete and Business Combination Closed
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced the completion of its expected tax-free distribution (Distribution) of 100% of Ligand’s interest in its subsidiary OmniAb on a pro rata basis to Ligand shareholders of record as of October 26, 2022. The Distribution was immediately followed by the closing (Closing) of the business combination (Business Combination) between Avista Public Acquisition Corp. II (APAC) (which prior to the Closing domesticated in Delaware and changed its name to OmniAb, Inc., (OmniAb)) and OmniAb, Inc. (which prior to the Closing changed its name to OmniAb Operations, Inc. (OmniAb Operations)). Regular-way trading in OmniAb stock is expected to begin on Nasdaq under the stock ticker symbol “OABI” tomorrow, November 2, 2022.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 1, 2022
Ligand to Report Third Quarter Financial Results on November 7
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report third quarter 2022 financial results after the close of the U.S. financial markets on Monday, November 7, 2022 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Korenberg and CFO Tavo Espinoza.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 26, 2022
Ligand Announces that Janssen has Received Approval from U.S. FDA for TECVAYLI™ (teclistamab) for the Treatment of Patients with Relapsed or Refractory Multiple Myeloma
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that Janssen Biotech, Inc. (Janssen) has received approval from the U.S. Food and Drug Administration (FDA) for TECVAYLI™ (teclistamab) for the treatment of patients with relapsed or refractory (R/R) multiple myeloma. Teclistamab is a T-cell redirecting, bispecific antibody targeting both B-cell maturation antigen (BCMA) and CD3 discovered and developed by Janssen scientists using OmniAb’s OmniRat® antibody discovery technology.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 26, 2022
OmniAb Business Combination Approved by APAC Shareholders
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced the business combination (Business Combination) of Avista Public Acquisition Corp. II (APAC) NASDAQ: AHPANASDAQAHPA)
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 24, 2022
Ligand Pharmaceuticals Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that on October 3, 2022, the Human Capital Management and Compensation Committee of Ligand’s Board of Directors granted non-qualified stock option awards to purchase an aggregate of 10,770 shares of its common stock to two non-executive employees in connection with their commencement of employment under the Ligand Pharmaceuticals Incorporated 2022 Employee Inducement Plan (the “Inducement Plan”). The stock options were granted as an inducement material to the employees’ commencement of employment and were granted as an employment inducement award pursuant to NASDAQ Listing Rule 5635(c)(4).
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 3, 2022
Ligand Announces Record Date and Details for Distribution for OmniAb Spin-Off
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that its board of directors has set October 26, 2022 as the record date (Record Date) for the dividend of shares of common stock of OmniAb, Inc. to be distributed to Ligand shareholders in order to effect the separation of Ligand and OmniAb into two independent, publicly traded companies. The dividend in OmniAb shares is expected to be distributed to Ligand shareholders on or about November 1, 2022, the expected closing date of the previously announced business combination (Business Combination) between OmniAb and Avista Public Acquisition Corp. II (APAC) NASDAQ: AHPANASDAQAHPA)
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 3, 2022
Ligand Announces that Janssen has Received Approval from European Commission for TECVAYLI® (teclistamab) for the Treatment of Patients with Relapsed or Refractory Multiple Myeloma
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced that the Janssen Biotech, Inc. (Janssen) received conditional marketing authorization (CMA) from the European Commission for TECVAYLI® (teclistamab) as monotherapy for the treatment of patients with relapsed or refractory (R/R) multiple myeloma. Teclistamab is a T-cell redirecting, bispecific antibody targeting both B-cell maturation antigen (BCMA) and CD3 that was discovered by Janssen scientists using OmniAb’s OmniRat antibody discovery technology.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 24, 2022
Ligand Reports Second Quarter 2022 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and six months ended June 30, 2022 and provided an operating forecast and program updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 8, 2022
Ligand Pharmaceuticals Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that effective August 1, 2022, Ligand’s Board of Directors approved the grant of non-qualified stock option awards to purchase an aggregate of 90,073 shares of its common stock, 5,000 restricted stock units (“RSUs”) and 4,000 performance stock units (“PSUs”) (at the target level) to six non-executive employees. The options were granted on August 1, 2022, and the grant date for the RSUs and the PSUs will be the date on which Ligand files a Form S-8 Registration Statement to register the shares pursuant to Ligand’s 2022 Employment Inducement Plan (“Inducement Plan”).
By Ligand Pharmaceuticals Incorporated · Via Business Wire · August 1, 2022
Ligand to Report Second Quarter Financial Results on August 8
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report second quarter 2022 financial results after the close of the U.S. financial markets on Monday, August 8, 2022 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Foehr, and Executive Vice President and CFO Matt Korenberg.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · July 22, 2022
Ligand Pharmaceuticals Appoints Jason Haas to its Board of Directors
Ligand Pharmaceuticals Incorporated (NASDAQLGND) (“Ligand” or “the Company”) announces the appointment of Jason Haas to the Company's Board of Directors. Mr. Haas brings more than 30 years of healthcare investment banking and corporate finance experience to Ligand.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · June 29, 2022
Ligand Reports First Quarter 2022 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three months ended March 31, 2022 and provided an operating forecast and program updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · May 4, 2022
Ligand to Report First Quarter Financial Results on May 4
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report first quarter 2022 financial results after the close of the U.S. financial markets on Wednesday, May 4, 2022 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 19, 2022
Ligand Pharmaceuticals Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that on April 8, 2022, the Human Capital Management and Compensation Committee of Ligand’s Board of Directors granted non-qualified stock option awards to purchase an aggregate of 40,000 shares of its common stock to Kurt Gustafson, who joined OmniAb, Inc. (OmniAb), Ligand’s antibody discovery business, as its CFO, in connection with his commencement of employment. The stock options were granted as inducement material to Mr. Gustafson’s commencement of employment with Ligand and OmniAb and was granted as an employment inducement award pursuant to NASDAQ Listing Rule 5635(c)(4).
By Ligand Pharmaceuticals Incorporated · Via Business Wire · April 8, 2022
Ligand to Spin-Off its OmniAb Business Through Merger with Avista Public Acquisition Corp. II
Ligand Pharmaceuticals Incorporated (Ligand) (NASDAQLGND) today announced the signing of a definitive merger agreement with Avista Public Acquisition Corp. II (APAC) NASDAQ: AHPANASDAQAHPA)
By Ligand Pharmaceuticals Incorporated · Via Business Wire · March 23, 2022
Ligand Reports Fourth Quarter and Full Year 2021 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and 12 months ended December 31, 2021, and provided an operating forecast and business updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 17, 2022
Ligand to Report Fourth Quarter Financial Results on February 17
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report fourth quarter 2021 financial results after the close of the U.S. financial markets on Thursday, February 17, 2022 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · February 9, 2022
Ligand’s Partner CStone Pharmaceuticals Receives Approval in China for Sugemalimab (Cejemly®) for the First-Line Treatment of Advanced Non-Small Cell Lung Cancer in Combination with Chemotherapy
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced that its partner CStone Pharmaceuticals (HKEX: 2616) has received approval from China’s National Medical Products Administration (NMPA) for sugemalimab (Cejemly®), an OmniAb-derived anti-PD-L1 monoclonal antibody, for the first-line treatment of metastatic (stage IV) non-small cell lung cancer (NSCLC) in combination with chemotherapy.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 22, 2021
Ligand and GSK Expand Global Collaboration and License Agreement
Ligand Pharmaceuticals Incorporated (NASDAQLGND) announced today the expansion of an existing collaboration and license agreement between its subsidiary, Icagen, and GlaxoSmithKline (GSK). The expansion will leverage Icagen’s ion-channel-based discovery technology and unique expertise in small molecule therapeutics targeting transmembrane proteins. This new agreement builds upon the initial December 2020 agreement to identify and develop inhibitors of a specific genetically-validated molecular target relevant to neurological diseases.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · December 21, 2021
Ligand Reports Third Quarter 2021 Financial Results
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today reported financial results for the three and nine months ended September 30, 2021 and provided an operating forecast and program updates. Ligand management will host a conference call today beginning at 4:30 p.m. Eastern time to discuss this announcement and answer questions.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 9, 2021
Ligand Pursuing Plans for OmniAb to Become a Standalone Public Company
Ligand Pharmaceuticals Incorporated (NASDAQLGND) today announced it is pursuing plans to split Ligand into two separate, publicly traded companies with one featuring the OmniAb business, and the other featuring Ligand’s existing collection of core royalties and the technologies, pipeline and contracts associated with the Pelican protein expression platform and the Captisol business. The spin-off is intended to create two companies with dedicated operational focus, business-specific capital allocation, agility to meet partner needs, and compelling focused investment profiles.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · November 9, 2021
Ligand to Report Third Quarter Financial Results on November 9, 2021
Ligand Pharmaceuticals Incorporated (NASDAQLGND) will report financial results for the three and nine months ended September 30, 2021 after the close of the U.S. financial markets on Tuesday, November 9, 2021 and will hold a conference call that same day beginning at 4:30 p.m. Eastern time. Speakers on the call will include Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg.
By Ligand Pharmaceuticals Incorporated · Via Business Wire · October 26, 2021