<SEC-DOCUMENT>9999999997-15-000116.txt : 20150108
<SEC-HEADER>9999999997-15-000116.hdr.sgml : 20150108
<ACCEPTANCE-DATETIME>20150108145315
ACCESSION NUMBER:		9999999997-15-000116
CONFORMED SUBMISSION TYPE:	CT ORDER
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150108
DATE AS OF CHANGE:		20150108
<ACTION-DATE>20150108
<RECEIVED-DATE>20150108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIGAND PHARMACEUTICALS INC
		CENTRAL INDEX KEY:			0000886163
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				770160744
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CT ORDER
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33093
		FILM NUMBER:		15516122

	BUSINESS ADDRESS:	
		STREET 1:		11119 NORTH TORREY PINES ROAD
		STREET 2:		SUITE 200
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
		BUSINESS PHONE:		858-550-7500

	MAIL ADDRESS:	
		STREET 1:		11119 NORTH TORREY PINES ROAD
		STREET 2:		SUITE 200
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
</SEC-HEADER>
<DOCUMENT>
<TYPE>CT ORDER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C4-)>+CS],-"C$P(#`@;V)J#3P\+TQI;F5A<FEZ960@,2],(#<T
M-C4O3R`Q,B]%(#(X.#8O3B`Q+U0@-S$V,R]((%L@-#0Y(#$T-ET^/@UE;F1O
M8FH-("`@("`@("`@("`@("`@("`@("`@#0HQ-2`P(&]B:@T\/"]$96-O9&50
M87)M<SP\+T-O;'5M;G,@-"]0<F5D:6-T;W(@,3(^/B]&:6QT97(O1FQA=&5$
M96-O9&4O241;/$4T-4-$.4%$139&1C$W-S-%.#E#0C8V-S,U0T8Y-S0Y/CPU
M,3(T-C5!1C=".44V0C0W0CDQ0C(X0D(V,#,X-$$Y.#Y=+TEN9&5X6S$P(#$S
M72]);F9O(#D@,"!2+TQE;F=T:"`T."]0<F5V(#<Q-C0O4F]O="`Q,2`P(%(O
M4VEZ92`R,R]4>7!E+UA2968O5ULQ(#(@,5T^/G-T<F5A;0T*:-YB8F008&!B
M8'(&$@Q^0(*Q$<2M!Q*_+S,P,3+,!$DP,&(E_C-N^0T08`"QY@;>#0IE;F1S
M=')E86T-96YD;V)J#7-T87)T>')E9@T*,`T*)25%3T8-"B`@("`@("`@#0HR
M,B`P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O22`X-"],(#8X+TQE;F=T
M:"`V,B]3(#,X/CYS=')E86T-"FC>8F!@8&9@8.)G``*.I0RH@!&(61@X&I#%
MF*&8@:&1@9N!_=<DF$K1*U`=;6!=#*KI$#ZC,D"``0#:W@6:#0IE;F1S=')E
M86T-96YD;V)J#3$Q(#`@;V)J#3P\+TUE=&%D871A(#(@,"!2+U!A9V5,86)E
M;',@-B`P(%(O4&%G97,@."`P(%(O5'EP92]#871A;&]G/CX-96YD;V)J#3$R
M(#`@;V)J#3P\+T-O;G1E;G1S(#$T(#`@4B]#<F]P0F]X6S`@,"`V,3(@-SDR
M72]-961I84)O>%LP(#`@-C$R(#<Y,ETO4&%R96YT(#@@,"!2+U)E<V]U<F-E
M<R`Q-B`P(%(O4F]T871E(#`O5'EP92]086=E/CX-96YD;V)J#3$S(#`@;V)J
M#3P\+T9I;'1E<B]&;&%T941E8V]D92]&:7)S="`T,"],96YG=&@@-30T+TX@
M-B]4>7!E+T]B:E-T;3X^<W1R96%M#0IHWJ14;6_:,!#^*_=Q^\#\DA<'J4*"
MMNDF#8:::)V$^.`%#R+E!26N1O_]?'8"*1JM5'0R9]]S9S^7>P0+@0(3(,;`
M(F"><6/P!`=.32P"SH!1'L#-#;D_Z(=$2ZW,_B%A6$7A<3(A<5UI$TM3CL4F
M9K8^5CIXV=19HO2*+.]BDJJ#7D\F)OW'$O[(HE5F,P=&DFEW3.9`OU!.TI>]
M.KU)ZKW#;>VTS52E(1HS<BOW7U6^W6G#DU)RIQPTXBPD<2&W+7B^93B;U8?5
M*`@B&'E4F/XHQ=;"M45C6>;%RZ<T+U4+"_47'NM25I\MMI"E(A8Q@(TOD]&L
M+C;SU.*);I3.=F11-Z4L;.C)41*&T3<MBSR;5MM"`26)5N5/\YU#UQ_F(N4F
MW^NZ(;\&K=A&9[)5F'/I^?LJJS=YM25/>36MVOQXCO.FU;<[V8#'SU[!0>.0
MOLLN@W'S^9]_:R24-L_*,CO2,U=O]*Y=\8`"6D"='QIBGN>!R\&,_ZWST]`$
MY]TOKC`4$#(&0D1V>=&XJT%D[/LNTR"8Y>J"(+2HNXD>?6\G!A1\<P/FH^\8
MF1,7D>O&^,AT@[$><S7(P^N0XZWK:R49OI8D%1^3Y+MJ]"^H,>+7B?&C.N3T
M&AV>#">"ZVTE7M)D/_6A$JW^.BVAPOIYVY<B_(\[Z<[IHZ]RF>?:.YE5'GWM
MK:(Z/D,-HK[/^?8,^`"SZJ>]%O\),`##;8MA#0IE;F1S=')E86T-96YD;V)J
M#3$T(#`@;V)J#3P\+T9I;'1E<B]&;&%T941E8V]D92],96YG=&@@,3,W-#X^
M<W1R96%M#0IHWJ16VV[;.!!]]U<,L"_4(F9%72RK;XYCIRY:9S=6@06:Q4*V
M:)L+671U:9J_W^'-MSAY61>U284\G#ESYH@?[A<,-DWO-NM]R+(`&&3K'@O`
MQW_X$_H#2/PA'4:0[7H^;/!_ME)?SST"7O8O#ON,LABR._L@^_W-03^D:7I<
MWZ>^SU*%9P?/O>_DVWR63;Q^1%-R!PNO'].$9!YE9)29IQ/[$+R_L\^]_H`F
M27R.B3$;3#50F(O)^-OC+)MYN#I"`!C-[P`/">F`_#7^-)K?VPF,'[Y^G2T6
MLX>Y@4]H.+@`9PZ<:1(^YU67UR\PO('`QV4Z3Q;1.#V)ZI*TF*:7L(X'W_+P
M\'@W>81[KS_$W!]'\VPVO\?PYE,=%PMH%&&)W.[`[HX#LWMV-\$=HR^0/4Y&
MV5><6+IPXR`^B<QN-LRK$[-/$W!\(5,3RP^,QAD\3(&EH:(_()$%Q%)$[V2:
MTF%X?IKFKW\@\#OY(C9Y5<`?V[S>Y2O>M6*5EPW,JI6L][+.O1@9:#T$20DO
MS+%(2O+VH5AF/SK1Y524'.:2`NN'H9]B0#">_A:R9&CJ19,359)_KGWT.NR0
MR'2(XM'*+CI*WS_/=.`R#2S#X/6#)&8HM-.<O2&*\EKB+2\P=U1E8VH^I(,P
M-D57\/&!R-C`=TN%%1+1XD[(*\CW^Q(Q6R$1)R85=%7!:WCLD(X@6O8#)PJ#
M?!9\Z-"9T7G-?W2\:46U4<C\5\NK1L@*Y!IRV-?\IY!=`YLZKUK-!4MHE!R"
M52Q9N,@$*]=>A'G#2GJJ*2LS%06O6J%*'I`2VEH_Y'F[\U)\PCW\0GRS5GH,
MOVL0U=G<+%5)5R!:EZ&.YE+U-B)='<)_K<JN0.+6M=Q!N^4P^;452]$VT$K,
M42<5H)SC*WWG>F@JZQTPO_\GK%%S!6`,<_F3&^/9>0E6<VGZ!^M@+(/18VL.
MPW=:"6WT2MP'59';O#$GUASKT2"1F@3-90/+%S@1G1%42B-V+-&A,2-;(J6F
M]%R96"M&M#SUJ/;Z:H626[O-6_P2C<M&@U^7E,7'PDDM?V;+]:/+2[$6O(&\
M06%4:RN'$B>['3=!)S0Y!NTG!S82`UJOU'I98P&JO-(3?8XJ0:A3BNUIIAE4
MH0\:22XBCEUY0UO>FO-"FBY3RI^Y#$*+.5JU-Q##-[J@8PIQ'#R1Y9/W1")'
MN!^?RN>`KSN8/'DW.IX[\5.XYAI+5?LA#:)CTA<62HQ;J`U3G32'+1*HG3!(
M:)#&5[(Z-8Z"M]RF(2JL925;I?E]MT3[*%^@$"9\="YFP_<ONJ=9E;+AV'`4
MD`142(%.4;[<@&HKW3H8P>!=]U*])RX)5<UHZ#X6*D#O';[E5H;)M2Q+^:S,
MBILF?B+-DP?/HBQU=DON^CDYQL1>M5;-O9B4/&^PB2+U\D%65!S[#N4?$$6/
M-J-`FT]`E)P,53Y-C^YW[%GG$QQ:@7FAHZD&@CVOA2Q,C,V>KU03%!]=NB%-
M`O.JN>H+%V\=[;285Y3:VP^`<S+PT"A\@L$Q\%@:Q8K56G:;K?V+\BI%-Z;F
MJ81K^QR=R@P"U6<Z+'2CZ]"#_P7-T`(1UAVAZW-,]_1S8HFOKA3&$GUEQ[I>
M8[0/--^4B$;UU8URPXM&<Z_8E%W1J#$7O![*5ZUV@V*HFTZ]]E`<YO:G4=Z[
M]&#'E7RC?3/OVJVL1?ORT65TQ?=?#QPQWRTIMXI$%"#^1$I6ZH<.266X;=4\
MP;GE^K.:J]<D-7/[>.KIZTE`A%NO@.(0!Z7&QT%AEC8.X5"JPXU':R\Z:`\_
M"[ZJ>8NW9'.=<3O>2]3E1^",%O/W2=;[3X`!`,_D(PD-"F5N9'-T<F5A;0UE
M;F1O8FH-,2`P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O1FER<W0@.2],
M96YG=&@@-#(O3B`R+U1Y<&4O3V)J4W1M/CYS=')E86T-"FC>,E,P4#!7,+10
ML+'1]RO-+8X&<0T4@F+M[(`BP?HN=G8``08`C84(-PT*96YD<W1R96%M#65N
M9&]B:@TR(#`@;V)J#3P\+TQE;F=T:"`S-C,U+U-U8G1Y<&4O6$U,+U1Y<&4O
M365T861A=&$^/G-T<F5A;0T*/#]X<&%C:V5T(&)E9VEN/2+ON[\B(&ED/2)7
M-4TP37!#96AI2'IR95-Z3E1C>FMC.60B/SX*/'@Z>&UP;65T82!X;6QN<SIX
M/2)A9&]B93IN<SIM971A+R(@>#IX;7!T:STB061O8F4@6$U0($-O<F4@-2XR
M+6,P,#$@-C,N,3,Y-#,Y+"`R,#$P+S`Y+S(W+3$S.C,W.C(V("`@("`@("`B
M/@H@("`\<F1F.E)$1B!X;6QN<SIR9&8](FAT='`Z+R]W=W<N=S,N;W)G+S$Y
M.3DO,#(O,C(M<F1F+7-Y;G1A>"UN<R,B/@H@("`@("`\<F1F.D1E<V-R:7!T
M:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIX;7`](FAT='`Z
M+R]N<RYA9&]B92YC;VTO>&%P+S$N,"\B/@H@("`@("`@("`\>&UP.D-R96%T
M;W)4;V]L/E!38W)I<'0U+F1L;"!697)S:6]N(#4N,BXR/"]X;7`Z0W)E871O
M<E1O;VP^"B`@("`@("`@(#QX;7`Z36]D:69Y1&%T93XR,#$U+3`Q+3`X5#$T
M.C4Q.C(U+3`U.C`P/"]X;7`Z36]D:69Y1&%T93X*("`@("`@("`@/'AM<#I#
M<F5A=&5$871E/C(P,34M,#$M,#A4,30Z-3$Z,C4M,#4Z,#`\+WAM<#I#<F5A
M=&5$871E/@H@("`@("`\+W)D9CI$97-C<FEP=&EO;CX*("`@("`@/')D9CI$
M97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@("`@("`@("`@>&UL;G,Z9&,]
M(FAT='`Z+R]P=7)L+F]R9R]D8R]E;&5M96YT<R\Q+C$O(CX*("`@("`@("`@
M/&1C.F9O<FUA=#YA<'!L:6-A=&EO;B]P9&8\+V1C.F9O<FUA=#X*("`@("`@
M("`@/&1C.G1I=&QE/@H@("`@("`@("`@("`\<F1F.D%L=#X*("`@("`@("`@
M("`@("`@/')D9CIL:2!X;6PZ;&%N9STB>"UD969A=6QT(CY-:6-R;W-O9G0@
M5V]R9"`M($QI9V%N9"!0:&%R;6%C975T:6-A;',L($EN8RX@,S$W.#4N;W)D
M97(N9&]C>#PO<F1F.FQI/@H@("`@("`@("`@("`\+W)D9CI!;'0^"B`@("`@
M("`@(#PO9&,Z=&ET;&4^"B`@("`@("`@(#QD8SIC<F5A=&]R/@H@("`@("`@
M("`@("`\<F1F.E-E<3X*("`@("`@("`@("`@("`@/')D9CIL:3YL961B971T
M97)A/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO<F1F.E-E<3X*("`@("`@("`@
M/"]D8SIC<F5A=&]R/@H@("`@("`\+W)D9CI$97-C<FEP=&EO;CX*("`@("`@
M/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@("`@("`@("`@>&UL
M;G,Z<&1F/2)H='1P.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(CX*("`@("`@
M("`@/'!D9CI0<F]D=6-E<CY!8W)O8F%T($1I<W1I;&QE<B`Q,"XQ+C$S("A7
M:6YD;W=S*3PO<&1F.E!R;V1U8V5R/@H@("`@("`\+W)D9CI$97-C<FEP=&EO
M;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@("`@
M("`@("`@>&UL;G,Z>&UP34T](FAT='`Z+R]N<RYA9&]B92YC;VTO>&%P+S$N
M,"]M;2\B/@H@("`@("`@("`\>&UP34TZ1&]C=6UE;G1)1#YU=6ED.F)C.#9F
M8S5D+3)A-C0M-#AE,BUA,F(S+30X.64Y9F(T83!E-#PO>&UP34TZ1&]C=6UE
M;G1)1#X*("`@("`@("`@/'AM<$U-.DEN<W1A;F-E240^=75I9#IB-C`P8S<Y
M.2UE.#4Q+31E.&8M.#@Y8RTQ.6$W-S)E8S8S.34\+WAM<$U-.DEN<W1A;F-E
M240^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`\+W)D9CI21$8^"CPO
M>#IX;7!M971A/@H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@"CP_>'!A8VME="!E
M;F0](G<B/SX-"F5N9'-T<F5A;0UE;F1O8FH-,R`P(&]B:@T\/"]&:6QT97(O
M1FQA=&5$96-O9&4O1FER<W0@-"],96YG=&@@-#DO3B`Q+U1Y<&4O3V)J4W1M
M/CYS=')E86T-"FC>LE`P4+"QT7?.+\TK43#4]\Y,*8XV-`(*!L7JAU06I.H'
M)*:G%MO9`008`-_Z"ZT-"F5N9'-T<F5A;0UE;F1O8FH--"`P(&]B:@T\/"]&
M:6QT97(O1FQA=&5$96-O9&4O1FER<W0@-"],96YG=&@@,3DX+TX@,2]4>7!E
M+T]B:E-T;3X^<W1R96%M#0IHWGS,P4H#,1"`X5>96Q.PV61KL$HI%/<B6%A0
M[*67-!GM0-R1R2SZ^.[!L_?O_^_!PV[7'6:]LIB*Y8*J*,EVCX))B:<A*9KA
MH?<A^N"WX3:&/JY]7'F_^E-+.;YDH2^-KM0*;RAM*2&ZWO6V.W+Y?S(*ESFC
MF$,6OB2%@9I2K2@0O`LN;.!L3C05_FYG:[M7THKF2(MN_*YP8BFPAF?Z2%.!
M\9KD,V6<E7*J[0:>INQ@$^ZVT2T0Q17./W:__Q5@`%XP36D-"F5N9'-T<F5A
M;0UE;F1O8FH--2`P(&]B:@T\/"]$96-O9&5087)M<SP\+T-O;'5M;G,@-"]0
M<F5D:6-T;W(@,3(^/B]&:6QT97(O1FQA=&5$96-O9&4O241;/$4T-4-$.4%$
M139&1C$W-S-%.#E#0C8V-S,U0T8Y-S0Y/CPU,3(T-C5!1C=".44V0C0W0CDQ
M0C(X0D(V,#,X-$$Y.#Y=+TEN9F\@.2`P(%(O3&5N9W1H(#0X+U)O;W0@,3$@
M,"!2+U-I>F4@,3`O5'EP92]84F5F+U=;,2`R(#%=/CYS=')E86T-"FC>8F(`
M`B9&;C<&)@:&-B#!WP!B]0()1F6@Q%-6$)>!$4@P_0<2C`P``08`7;4$&PT*
H96YD<W1R96%M#65N9&]B:@US=&%R='AR968-"C$Q-@T*)25%3T8-"C\_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
