/Companies

Ligand

NASDAQ: LGNDalso invests · investor profile

La Jolla, US · 3 known investors

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Ligand is a royalty aggregator that finances late-stage clinical development and commercialization programs for biopharmaceutical companies. The company maintains a diversified portfolio of royalty assets across oncology, rare diseases, and other therapeutic areas, and licenses proprietary technology platforms to pharmaceutical manufacturers.

Founders & leadership

BBBrook Byers
Brook ByersCo-founderFounder, Kleiner Perkins
MWMATTHEW W. FOEHR
MATTHEW W. FOEHRExecutive
JLJOHN L. HIGGINS
JOHN L. HIGGINSExecutiveExecutive Officer, Director at Ligand Pharmaceuticals
MKMATTHEW KORENBERG
MATTHEW KORENBERGExecutive
CSCHARLES S. BERKMAN
CHARLES S. BERKMANExecutiveChief Legal Officer at OmniAb
TD
Todd DavisChief Executive OfficerHe has over 30 years of experience in life sciences operations and investment, including roles at Abbott Laboratories and Elan Pharmaceuticals, and as a partner at Apax Partners focused on specialty pharmaceuticals; he co-founded Healthcare Royalty Partners and Royalty Rx Capital.

Board

DM
DAVID M. KNOTTBoard director
JA
JASON ARYEHBoard director
SS
STEPHEN SABBABoard director
JLJOHN LAMATTINA
JOHN LAMATTINABoard directorIndependent Non-Executive Director at PureTech Health
SP
SUNIL PATELBoard director
JK
JOHN KOZARICHBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$85.4M disclosed across 1 round · 2016

▶$85.4MraisedJan 2016 · 22 investors · Pharmaceuticals
Rule 506(c)
Officers, directors & promoters on the filing
  • MATTHEW W. FOEHRDirector
  • JOHN L. HIGGINSExecutive Officer, Director
  • JOHN LAMATTINADirector
  • TODD DAVISDirector
  • SUNIL PATELDirector
  • JOHN KOZARICHDirector
  • MATTHEW KORENBERGDirector
  • DAVID M. KNOTTDirector
  • JASON ARYEHDirector
  • CHARLES S. BERKMANDirector
  • STEPHEN SABBADirector
  • MELANIE HERMANDirector
Offering amount
$85.4M
Amount sold
$85.4M
First sale
Jan 2016
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Ligand went on to found or lead other companies.

Acquisitions · 1

Early investors' stakes continue via these deals
XOMA

XOMA Royalty is a biotech royalty aggregator that acquires the economic rights to future milestone and royalty payments tied to partnered pre-commercial clinical candidates, providing sellers with non-dilutive, non-recourse funding. It serves biotech companies seeking capital to advance their internal drug candidates, holding a portfolio of 120+ assets.

In the news

Frequently asked questions

What does Ligand do?
Ligand is a royalty aggregator that finances late-stage clinical development and commercialization programs for biopharmaceutical companies. The company maintains a diversified portfolio of royalty assets across oncology, rare diseases, and other therapeutic areas, and licenses proprietary technology platforms to pharmaceutical manufacturers.
Who founded Ligand?
Ligand was founded by Brook Byers.
Who are Ligand's investors?
Ligand's investors include Signet Healthcare Partners, Sofinnova Ventures, Venrock.
How much funding has Ligand raised?
Ligand has disclosed $85.4M raised across 1 round.
Where is Ligand headquartered?
Ligand is headquartered in La Jolla, US.