Jupiter · Late Stage · 16 people tracked
Find your way into Ligand Pharmaceuticals
846 people in our graph share verified history with the Ligand Pharmaceuticals team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Ligand functions as a royalty aggregator, partnering with biopharmaceutical companies to provide strategic capital that finances and advances late-stage clinical development programs. It holds one of the largest and most diverse portfolios of biopharmaceutical royalties in the industry, spanning more than 200 commercial, clinical, and preclinical-stage programs across multiple therapeutic areas, development stages, modalities, and partners. This approach creates diversified exposure to innovative medicines intended to improve and extend lives worldwide, generating returns through royalty streams on marketed and developing products.
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & curatedFounder mafia
2 people who came through Ligand Pharmaceuticals went on to found or lead other companies.
What they invest in
from 3 of 4 portfolio companiesBiotech ×2Healthtech ×2Crypto & Web3 ×1Data & Infrastructure ×1Digital Health ×1Fintech ×1Medical Devices ×1
HQs:United States×3
Investments · 4 tracked
founders shown can be your intro pathAgenus is a biotechnology company developing cancer immunotherapies, including its lead investigational combination of botensilimab (an anti-CTLA-4 antibody) and balstilimab (a PD-1 inhibitor), known as BOT+BAL.
BiotechHealthtechLexington, US
Garo Armen(Chairman & CEO, Co-founder)Ozer Baysal(Executive Officer)Robert Stein(Executive Officer)Christine Klaskin(Executive Officer)inKaren Valentine(Executive Officer)Steven O'Day(Chief Medical Officer)in
Co-investorsAdvent Life SciencesGrazia Equity GmbHHEALTHCARE ROYALTY PARTNERSOberland CapitalCommodore CapitalInvus+1 more
Travere Therapeutics develops and delivers therapies for rare kidney and metabolic diseases, with a pipeline including potential first-in-class treatments for conditions such as classical homocystinuria and immune-mediated rare kidney diseases.
BiotechDigital HealthHealthtechMedical Devices
Eric Dube(Chief Executive Officer and Director)in
Biopharma royalty company acquired by Ligand, adding seven commercial products and more than 100 additional programs.
Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Evgeny Yurtaev(Founder & CEO)inAlex Bashlykov(Director)in
BoardToby Coppel(Director)Vadim Koleoshkin(Director)Brad Burnham(Director)
Co-investorsAlliance DAO (ex DeFi Alliance)BitDAODigital Currency GroupMantle NetworkMosaic VenturesPlaceholder VC+14 more
Exits · 3
IPOs and acquisitions across the tracked portfolioAgenusNASDAQ: AGENTravere TherapeuticsNASDAQ: TVTXXOMA Royaltyacq. by Ligand
Portfolio news
latest coverage across their companiesTravere Therapeutics · investing.com · Sep 3, 2026
Agenus · simplywall.st · Aug 15, 2026
Zerion · tradingview.com · Jun 30, 2026
Frequently asked questions
- What stage does Ligand Pharmaceuticals invest at?
- Ligand Pharmaceuticals invests at the Late Stage stage.
- What is Ligand Pharmaceuticals's typical check size?
- Ligand Pharmaceuticals typically writes checks of $10M – $50M.
- What sectors does Ligand Pharmaceuticals focus on?
- Ligand Pharmaceuticals focuses on Biotech, Healthtech.
- Where is Ligand Pharmaceuticals located?
- Ligand Pharmaceuticals is headquartered in Jupiter, US.
Media · Podcasts & interviews
featuring the teamLigand Pharmaceuticals CEO Todd Davis Explores Catalysts to Drive Biotech Performance
Unboxing Biotech · Todd Davis
Images
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