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Ligand Pharmaceuticals

Venture debtoperating company · company profile

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.

Rebecca Jamesunlockedknows Michael Vigilante · together at The Wharton School (overlapped)
knows the team · via Yale University
×2knows the team · via The Wharton School
×4knows the team · via University of Pennsylvania
×3knows the team · via Thirdbridge
knows the team · via United States Naval Academy
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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.

Stage
Late Stage
Check
$10M – $50M
HQ
Jupiter, US
Instruments
Debt
Last 12 months
2 investments
Tracked investments
4

Team · 16 people

from the firm's website & curated

Founder 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 companies

Biotech ×2Healthtech ×2Crypto & Web3 ×1Data & Infrastructure ×1Digital Health ×1Fintech ×1Medical Devices ×1

HQs:United States×3

Investments · 4 tracked

founders shown can be your intro path
Agenusagenusbio.comNASDAQ: AGENAug 2026

Agenus 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 Therapeuticstravere.comin𝕏NASDAQ: TVTX

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

XOMA Royaltyacquired by Ligand

Biopharma royalty company acquired by Ligand, adding seven commercial products and more than 100 additional programs.

Zerionzerion.ioin𝕏Jun 2026

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 portfolio

AgenusNASDAQ: AGENTravere TherapeuticsNASDAQ: TVTXXOMA Royaltyacq. by Ligand

Portfolio news

latest coverage across their companies

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 team

Ligand Pharmaceuticals CEO Todd Davis Explores Catalysts to Drive Biotech Performance

Unboxing Biotech · Todd Davis

Images

Ligand Pharmaceuticals photoLigand Pharmaceuticals photo

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