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flag Ligand to acquire XOMA Royalty for $739 million.

flag Ligand Pharmaceuticals is acquiring XOMA Royalty for approximately $739 million. flag The deal, expected to close in 2026, is accretive to earnings and adds over 120 biopharma assets to Ligand's portfolio. flag Following the announcement, Ligand raised its fiscal 2026 guidance and both company shares rose in pre-market trading.

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