Ligand Reports Fourth Quarter and Full Year 2015 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today reported financial results for the three and 12 months ended December 31, 2015, and provided an operating forecast and program updates.

Financial highlights for the 2015 fourth quarter include:

• Fourth quarter total revenues were $21.2 million and royalty revenues were $11.5 million.

• Fourth quarter adjusted EPS was $0.66 and GAAP EPS was $0.29.

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