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Ligand Pharmaceuticals

North America, California, United States, San Diego

Description

Ligand is a biopharmaceutical company focused on developing or acquiring technologies that help pharmaceutical companies.

Investor Profile

Ligand Pharmaceuticals has backed more than 10 startups, with 3 new investments in the last 12 months alone. The firm has led 7 rounds, about 70% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Corporate Round, Post Ipo Debt, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Austria.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Led 2 rounds in the past year.

Stage Focus

  • Corporate Round (30%)
  • Post Ipo Debt (20%)
  • Series C (10%)
  • Debt Financing (10%)
  • Series A (10%)
  • Post Ipo Equity (10%)
  • Series Unknown (10%)

Country Focus

  • United States (80%)
  • Austria (20%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical
  • Life Science
  • Hospital
  • Medical Device
  • Biopharma
  • Pharmaceutical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ligand Pharmaceuticals frequently co-invest with?

OM
North America, Massachusetts, United States, Boston
Co-Investments: 1
Blue Owl
North America, New York, United States, New York
Co-Investments: 1
Co-Investments: 1
Agent Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
Samsara BioCapital
North America, California, United States, Palo Alto
Co-Investments: 2
Biotechnology Value Fund
North America, California, United States, San Francisco
Co-Investments: 2
Adams Street Partners
North America, Illinois, United States, Chicago
Co-Investments: 1
CAM Capital
North America, New York, United States, New York
Co-Investments: 2
Nolan Capital
North America, California, United States, Hermosa Beach
Co-Investments: 1
BioAdvance
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 2

What are some of recent deals done by Ligand Pharmaceuticals?

Orchestra BioMed

New Hope, Pennsylvania, United States

Orchestra BioMed is a biomedical innovation company that provides high-impact solutions for large unmet needs in procedure-based medicine.

BiotechnologyHealth CareMedicalMedical Device
Post Ipo EquityJul 31, 2025
Amount Raised: $15,000,000
Orchestra BioMed

New Hope, Pennsylvania, United States

Orchestra BioMed is a biomedical innovation company that provides high-impact solutions for large unmet needs in procedure-based medicine.

BiotechnologyHealth CareMedicalMedical Device
Post Ipo DebtJul 31, 2025
Amount Raised: $40,000,000
Castle Creek Biosciences

Exton, Pennsylvania, United States

Castle Creek Biosciences is focused on developing commercializing novel, personalized gene therapies for rare skin disorders.

BiopharmaBiotechnologyLife SciencePharmaceutical
Series UnknownFeb 25, 2025
Amount Raised: $75,000,000
Palvella Therapeutics

Wayne, Pennsylvania, United States

Palvella Therapeutics focuses on relentlessly and selflessly serving abandoned patient populations with therapies.

BiotechnologyHealth CareLife ScienceTherapeutics
Post Ipo EquityDec 13, 2024
invIOs

Vienna, Wien, Austria

invIOs is a private biotech company that specializes in the discovery and development of next-generation cancer therapies.

BiotechnologyHealth CareHospitalMedical
Series AOct 15, 2024
Amount Raised: $8,924,382
invIOs

Vienna, Wien, Austria

invIOs is a private biotech company that specializes in the discovery and development of next-generation cancer therapies.

BiotechnologyHealth CareHospitalMedical
Corporate RoundJul 8, 2024
Amount Raised: $4,000,000
Agenus

Lexington, Massachusetts, United States

Agenus develops and commercializes immunotherapies and vaccines for cancer and infectious diseases.

BiotechnologyMedicalMedical DeviceTherapeutics
Post Ipo DebtMay 7, 2024
Amount Raised: $75,000,000
Novan

Morrisville, North Carolina, United States

Novan is a clinical-stage drug development company developing deliverable nitric oxide.

BiotechnologyHealth CareMedical
Post Ipo DebtJul 17, 2023
Amount Raised: $15,000,000
Palvella Therapeutics

Wayne, Pennsylvania, United States

Palvella Therapeutics focuses on relentlessly and selflessly serving abandoned patient populations with therapies.

BiotechnologyHealth CareLife ScienceTherapeutics
Series CMay 28, 2020
Amount Raised: $45,000,000
Dianomi Therapeutics

Parker, Colorado, United States

Dianomi Therapeutics company focused on developing treatments for inflammatory diseases, initially targeting osteoarthritis (OA).

BiotechnologyHealth CareMedical DeviceTherapeutics
Corporate RoundFeb 5, 2019
Amount Raised: $3,000,000