Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma. The company also provides Teriparatide injection product for osteoporosis; RYLAZE, a recombinant erwinia asparaginase for acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes in adults and children aged 8 years and older with Stage 2 T1D; and VAXNEUVANCE for the prevention of invasive disease caused by streptococcus pneumoniae serotypes. In addition, it offers Duavee for menopause; Frovatriptan to treat Neurology; FYCOMPA and SESQUIENT for CNS; MEKINIST for cardiology; Nexterone, a captisol-enabled formulation of amiodarone; VEKLURY, an antiviral treatment for COVID-19; and Viviant for osteoporosis. Further, the company develops ACLX-002, Ciforadenant, UGN-301, Viright, MB07133, BOT/BAL, and Lasofoxifene for oncology; Ensifentrine for respiratory disease; QTORIN for rare disease; Sparsentan for kidney disease; VK2809 for hepatology; ANEB-001 for acute cannabinoid intoxication; Reproxalap for opthamology; VK0214 for Rare Disease; and VK5211 for musculoskeletal disorder. The company was incorporated in 1987 and is based in Jupiter, Florida.
Analyst Optimism | Delve into analyst perspectives, with price targets ranging from $110 to $150, reflecting confidence in Ligand's diversified portfolio and growth strategy. |
Pipeline Progress | Recent FDA approvals for Ohtuvayre and Capvaxive, along with EU approval for Filspari, showcase Ligand's development capabilities and future revenue potential. |
Financial Triumph | Explore Ligand's robust financial performance, featuring a 78.77% gross profit margin and projected EPS growth from $2.44 in 2022 to over $10.00 by 2028. |
Royalty Powerhouse | Ligand's unique drug royalty aggregator model drives impressive growth, with a 73.59% stock return over the past year and a strong financial health score. |

Metrics to compare | LGND | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipLGNDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 36.1x | −8.7x | −0.5x | |
PEG Ratio | 0.01 | −0.20 | 0.00 | |
Price / Book | 4.4x | 1.9x | 2.6x | |
Price / LTM Sales | 16.7x | 5.7x | 3.2x | |
Upside (Analyst Target) | 8.8% | 44.8% | 45.7% | |
Fair Value Upside | Unlock | 9.5% | 4.8% | Unlock |