Avista Public Acquisition Corp. II (AHPA) to Combine with Ligand Pharmaceuticals

Mar 23, 2022 INTEL by Marlena Haddad

Avista Public Acquisition Corp. II (NASDAQ:AHPA) has entered into a definitive agreement to acquire Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) to spin-off its antibody discovery business OmniAb, Inc. at a pre-money equity valuation of $850 million. The San-Diego based biopharmaceutical company is focused on developing technologies that help pharmaceutical companies discover medicine. Ligand’s OmniAb platform provides
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Avista Public Acquisition Corp. II (AHPA) to Combine with Ligand Pharmaceuticals

Avista Public Acquisition Corp. II (AHPA) to Combine with Ligand Pharmaceuticals

ByMarlena Haddad