Ligand Pharmaceuticals IncorporatedLGNDNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+31.0%
5Y CAGR+14.9%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+31.0%/yr
vs +6.7%/yr prior
5Y CAGR
+14.9%/yr
Recent acceleration
Acceleration
+24.4pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
TTM$81.18M+278.9%
2024$21.43M-12.7%
2023$24.54M-32.0%
2022$36.08M+12.4%
2021$32.10M-20.7%
2020$40.50M-27.6%
2019$55.91M+100.7%
2018$27.86M+3.6%
2017$26.89M+26.7%
2016$21.22M-