CSIMarket
 
Ligand Pharmaceuticals Incorporated  (NASDAQ: LGND)
 

Ligand Pharmaceuticals Incorporated's Suppliers Performance

LGND's Supply Chain




 
LGND Costs vs Sales of Suppliers Growth Ligand Pharmaceuticals Incorporated's cost of sales deteriorated by -1.95 % year on year, relative to one quarter ago cost of sales fell by 0 % in Q2.

• More on LGND Suppliers



Ligand Pharmaceuticals Incorporated's cost of sales deteriorated by -1.95 % year on year, compare to one quarter ago cost of sales fell by 0 % in Q2.

• More on LGND Suppliers




Ligand Pharmaceuticals Incorporated's Comment on Supply Chain


The company has a supply agreement with Hovione for Captisol, initially set to expire in December 2024 and automatically renewed through December 2026 with successive two-year renewal terms. Either party may terminate the agreement with written notice at least two years before the renewal term's expiration or for reasons such as uncured material breach, bankruptcy, extended force majeure events, extended supply interruptions, or regulatory actions related to Captisol. The company has ongoing minimum purchase commitments under this agreement. In the event Hovione cannot supply Captisol due to an uncured force majeure event, the company may source Captisol from third parties previously identified. The Captisol business may face competition from other suppliers of similar cyclodextrin excipients or technologies designed to enhance the solubility or stability of active pharmaceutical ingredients.

Ligand Pharmaceuticals Incorporated's Comment on Supply Chain


The company has a supply agreement with Hovione for Captisol, initially set to expire in December 2024 and automatically renewed through December 2026 with successive two-year renewal terms. Either party may terminate the agreement with written notice at least two years before the renewal term's expiration or for reasons such as uncured material breach, bankruptcy, extended force majeure events, extended supply interruptions, or regulatory actions related to Captisol. The company has ongoing minimum purchase commitments under this agreement. In the event Hovione cannot supply Captisol due to an uncured force majeure event, the company may source Captisol from third parties previously identified. The Captisol business may face competition from other suppliers of similar cyclodextrin excipients or technologies designed to enhance the solubility or stability of active pharmaceutical ingredients.







LGND's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Ligand Pharmaceuticals Incorporated 6,530.14 290.54 197.22 47
SUBTOTAL 0.00 0.00 0.00 -


Sources: Ligand Pharmaceuticals Incorporated's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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