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Ligand Pharmaceuticals Inc. (LGND) Reports First Quarter 2014 Financial Results


5/7/2014 9:12:53 AM

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Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today reported financial results for the three months ended March 31, 2014, and provided an operating forecast and program updates.

Financial highlights for the first quarter of 2014 include (all comparisons are with the first quarter of 2013):

•Total revenues increased 37% to $16.0 million, and royalty revenues increased 35% to $7.9 million

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