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Ligand Pharmaceuticals, a drug discovery and development company founded in 1987, says it is on track for its first profitable year.

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Ligand to Achieve Profitability for 1st Time, Chief Says

BIOTECH: Drug to Increase Muscle Mass May Lead to $100M Deal

Ligand Pharmaceuticals Inc. is on track for its first profitable year, said Rob McKay, the biotech’s senior director of business development.

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