Message from the CEO

"At a recent conference, I met an investor who had 'Growth Evangelist' as his title on his card. That got me thinking, at Ligand we are Cash-Flow Evangelists. You see, our view is that in the biotech industry, or any industry for that matter, a company hasn't created real value until it has built a business that generates sustainable cash-flow. By that standard, we believe we are on the path to being a big success." 

"If you are not familiar with Ligand, I encourage you to learn about our unique business model and rich portfolio of assets. We are very proud of what we are building for our shareholders and excited about our future."

                                                   

 John L. Higgins                                                           
President and Chief Executive Officer