Ligand raises 2026 adjusted EPS guidance to $9.50-$9.75 while targeting ~$200M annual capital deployment

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Ligand Pharmaceuticals raised its adjusted EPS guidance for 2026 to $9.50-$9.75 and projects an annual capital deployment of approximately $200 million. The CEO and Director, Todd Davis, noted that the third quarter was significant, with royalty revenues growing 51% year-over-year to about $70 million.

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