Ligand???Chiva Pharmaceuticals????????????

_{//health-fitness.news-articles.net/content/2011/01/10/ligand-chiva-pharmaceuticals.html}
^{Published in Health and Fitness on Monday, January 10th 2011 at 5:46 GMT by Market Wire}

ae--([ BUSINESS WIRE ])--(aaa'e"e�)--Ligand Pharmaceuticals Incorporated (NASDAQ: LGND)aa�a�a'a'Chiva Pharmaceuticals a...a'aa...iaaaa'aaaa'a"aaa'aeLiganda...a'"e"aa'a'Chivaa...a'eaiaa'aaaaaaa'Liganda...a'"2a'a''ae�HepDirecte�iaa�ae''"Pradefovir a'e'e�"MB01733a'aiLiganda...a'a'Chivaa...a'e'aaa'eHepDirect i"aa�ae''(HepB)aa'�ae''(HepC)a'e'e�(HCC)"aa�"a'aaa'a'a...aa'aa'

Chivaa...a'aaa'e�ae�iaea'aaeae"aea''aa'eaee"ae'a'a'a"aa'Chivaa...a'e�"ee'aa...a...a"e'iaa'a"...a'e'ieaa'a"a'aaeaa'ae'a"a'

�eae��iLiganda...a'aae"a"�"e'a'a'"a�e'a'eae...e1aa..."ea�a'aiLiganda...a'"aChivaa...a'10%"��ee'ia'aaaa�a�a...a'a'ea''aa'"a'ia...a'ea"aa'a�"a"aaaea'eiaa...a"eea'Liganda...a'"a2011a'"aaiea'100a'a...a'

Ligand Pharmaceuticalsa...a'ea...ea'ea�John L. Higginse'iaa'Chivaa...a'"e�a'a�a'a...a'eaaaiaa'a�ea''aaeaaLiganda...a'"aa"a'e�a'a�aaea'a"aaeia'aa...aea"aea''aa'aie�aa'aaea"i'aaa'a'e'"e'"e"aaea"aaa'a�"a�a'a'aa'a'ai'a"e'aMetabasisa...a'ie�a'Liganda...a'a'aa'a"e"aiae�aa"eea'a"eaie'aa�"'a""e'a'a'aaaa""a"a'aaa'a

Higginsea......e"ia'a�Chivaa...a'"e"aa'ae'"aea'aee"ae'a'aae"a'aa�a'aa...a'eaai'ae�aChivaa...a'iaa'ea...a'"aa'aeaaaeae�ia"e'a"e'a'Chivaa...a'"�a'a'aaeaa'eae"e"'aa�a''aaa'Chivaa...a'a"ea...iaaaa'aaaa'e""a�"aaa'a

Ligand-Chiva e�

	Liganda...a'a'Chiva a...a'"a...a'aa'e�:

a	PradefovirPMEA"a'HepDirect^TMaeieaee...""a"'aea�ieaee...aeFDA'a"aa�e'iaa"ae''a (Hepsera�)a'eaeaa�e'a...ee"e�"aie'e"a�e'...'aa"a'eeaia'e'e"a...ea""aie'e"a'ea'ee�a'a'""eaia'aaee"II"�iPradefovira...aa�e'' iLiganda...a'aaeaaaa�a'eeea'"aa'a'

	a�ae''a'ae'a'"...iaae'e'a'e'aa'aa'e'�aa'a'�ae�ia...a�e''e...20aia...a'3.5i4aa...""e...a'(: a'a""2008a'a�ae'''...)a'aa'ai""e...ea'ai�ae�8%"aaa""ia...a'e'3aa'aeea'

a	MB07133eee(araC) 5a�-ae...'a'e'aa"a'HepDirectaeia...e�e�"ae'e�""ai"ae'e�a'aaee"I/II"�iMB07133ae'a...e'aa'"ea'

	e'e�e'�a''e"aaiaaaa'e'�"90%a'e'�a...'ea..."a''e�iaa...'ea'"a''e�'a...aa' (: ae�...e''ae'a'�; e''"e'�a).

a	HepDirect^TMa'aeieaaae�a�a'"ae'e"ia...ae"a'a'"a�"aaa�ea...ae�""�'i'ea...ee'e"a'e...aa'HepDirecta"eae�"a'/a�a...iaa""aaa'a''"ea"eaa"a'

a...a Metabasisa...a'

Liganda...a'a2010a'1"e'Metabasisa...a'iaeeaPradefoviraMB07133a' HepDirecta'...��eaaa�(CVR)ae��"iLiganda...a'"e'Metabasisa...a'a'e"CVR"a'aa'"e"e�aa2011a'71a"ae'aa'�a'Chivaa...a'"ae��ieLiganda...a'"aa�e�..."e'aaa'"a�e'a"a...ai��eCVRaeaeaea'"e'ea'��eCVRaaaa...aea'aaaa...Metabasisa...a'e�"e"a"�aa�a'a...e"ae'aa'

a...a Chiva Pharmaceuticals, Inc.

Chiva Pharmaceuticals, Inc.Hainan Kaihua Pharmaceutical Co., Ltd. (aHainana)"a""ieaaaLos Altos HillsiHainana...a'a'a�a...aeaa'ia'"aaaaaea'aa''aaaaa'aaa'"e�ea'a'a'Chivaa...a'a'Hainana...a'"a�aa'aaa'a�eaa'eaa'a"ea...aeaa'a'

a...a Ligand Pharmaceuticalsa...a'

Liganda...a'a'aaa'ae�iaea'aa...eaee"'eae'ie''ae'e'eeaaea"ee...aee"'a'a''aa...ae'eaCOPDaa"�aaea...e''a'ee'a'Liganda...a'"a'"a�e�a'a'aa'e�e"aa...e"ea"a'aa"e...a"'a'a"a'aaeeaa...a'Liganda...a'e�a'a...aa...a'a'aa"e"aea�aa'ia...a'aeaa'eea�a'a...aa'"aa'aa'Liganda...a'a'a'ea..."aeaa'aaaee"ia...e'a...'aa...aea...ae'a�e'a�a'ea�aia'ae�"aa'e�e...e30a'a'ea'aiee�e� [ www.ligand.com ].

a...ae�e"e

eaea...aLiganda...a'a'a'"aae�eie�ae�ea...aee��a'a'�a�a'aaaeea'a'a"e"aa'a�e�...aa"aea'e�aa�ea'a'a...aaaae"ia'e'e�e'ae��eaaiChivaa...a'"��ee'aa...aaaaiLiganda...a'aaaa'aa�a'/a�eaa�"aa'aa'/aa'ae"aaa"aia�eaa"eaeae"a'ae�aeaaaa'a'aaaaeaa"e�a...ee"eaaia...a'a'aeaaee'a'aaeaaaa'"aaaaChivaa...a'"aaiee�Liganda...a'"a'aa'eaaaea'eaee�aLiganda...a'"e'aa'aeaa"""ea'eea'eeaaa'a'"eiaa'e... [ www.ligand.com ]iaaLiganda...a'a�a'aea'a"a"a'aa'a"a...aaiaa'e...[ www.sec.gov ]ia'aea'a'aaiLiganda...a'ae�aa"aaa'e�aae�ea'e...1995a'aaaea'ee�"e�aa�a...'"e"a�ea'a'"a'

a...e'aia...a'aaaa�a'e'a...aaaea"iea'...aiaaa"a'a...aaaa'

Publication Contributing Sources

Market Wire

N@N

Ligand???Chiva Pharmaceuticals????????????