LGNDNasdaq

Ligand Pharmaceuticals Incorporated

Healthcare·Neurology·Commercial·Jupiter, FL, United States
NeurologyDermatology

Ligand Pharmaceuticals Incorporated (LGND): 2 pipeline candidates · 4 upcoming catalysts · ~101 mo cash runway. Updated within the last hour.

7.0/10

BioSniper Score

6-factor signal · derived from public data

Cash Runway10.0

100.8 months

Financial Health9.2

D/E 0.54 · 0% dilution

Pipeline Maturity10.0

Lead: Approved

Pipeline Breadth4.6

2 candidates

Catalyst Momentum8.0

4 upcoming, next in ~1905d

Insider Signal0.0

0 buys · 74 sells (180d)

A transparent, data-derived signal for Ligand Pharmaceuticals Incorporatedacross cash runway, pipeline maturity & breadth, catalyst momentum and clinical/regulatory footprint. Each factor traces to tracked public filings — not an investment recommendation.

Key Financials

Market Cap

$5.3B

Cash

$115.1M

Quarterly Burn

$23.0M

Runway

100.8 mo

Revenue

$51.7M

Cash Runway vs Catalysts

A catalyst falls after projected cash runway — potential financing / dilution risk before it hits.

Cash ends ~Nov 2034
Today~238 mo out
Catalyst within runwayCatalyst after cash runs out

Pipeline (2 candidates)

Upcoming Catalysts (4)

Institutional Holdings

Source: SEC Form 13F · as of Mar 2026

Institutional holders

353

Total value held

$4.19B

HolderSharesValue
blackrock, inc.2,961,923$591.3M
janus henderson group plc2,019,782$403.2M
vanguard capital management llc1,696,178$338.6M
vanguard portfolio management llc1,100,267$219.7M
state street corp778,856$155.5M
fmr llc596,127$119.0M
nomura asset management international inc.573,312$114.5M
franklin resources inc573,177$114.4M
geode capital management, llc558,934$111.6M
congress asset management co504,637$100.8M

Showing top 10 of 353 institutional holders of Ligand Pharmaceuticals Incorporated. Sign up for the full 13F holder list and quarter-by-quarter ownership history.

·2 FDA decisions·CEO: Mr. Todd C. Davis Ph.D.

Frequently asked questions

How many drug candidates are in Ligand Pharmaceuticals Incorporated's pipeline?

Ligand Pharmaceuticals Incorporated (LGND) has 2 pipeline candidates tracked by BioSniper across SEC filings and clinical trial registrations.

What is Ligand Pharmaceuticals Incorporated's lead drug candidate?

Ligand Pharmaceuticals Incorporated's most advanced tracked candidate is capvaxive (Approved) for Dravet Syndrome and Lennox-Gastaut Syndrome.

What is Ligand Pharmaceuticals Incorporated's next catalyst?

Ligand Pharmaceuticals Incorporated's next tracked catalyst is a Patent_Expiry event — "Patent/Exclusivity Expiry: FILSPARI" — expected September 5, 2031.

What is Ligand Pharmaceuticals Incorporated's cash runway?

Based on its most recent reported cash balance and quarterly burn rate, Ligand Pharmaceuticals Incorporated has approximately 100.8 months of cash runway.

What is Ligand Pharmaceuticals Incorporated's market capitalization?

Ligand Pharmaceuticals Incorporated's market capitalization is approximately $5.3B.

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