Convertible Bond OfferingA successful $460 million convertible bond offering provides additional financial resources for Ligand's royalty aggregator business model.
Financial GuidanceThe company raised financial guidance again, indicating confidence in future performance.
Royalty RevenueRoyalty revenue growth from recently launched or acquired products are expected to boost financial results for LGND in 2H25, along with new sources of revenue brought on board early in the third quarter.