Ligand Pharmaceuticals Inc. Slashes Salary For Chairman, Interim CEO

LOS ANGELES, Aug 30 (Reuters) - Biotechnology company Ligand Pharmaceuticals Inc. (LGND.OQ: Quote, Profile, Research) said on Wednesday that it is slashing the monthly salary of Chairman and interim Chief Executive Henry Blissenbach to $40,000 from $75,000 “upon review of additional facts and circumstances.”

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