Summary of LIGAND PHARMACEUTICALS INC

Item 7.01. Regulation FD Disclosure.

Key members of the management team of Ligand Pharmaceuticals Incorporated ("Ligand" or the "Company") will be presenting information as indicated and included in Exhibit 99.1 to this Current Report on Form 8-K at Ligand's Analyst Day event in New York, New York on December 4, 2012. In addition, Simona Skerjanec, Vice President of Global Competitive Strategy of The Medicines Company will be presenting other information as indicated and included in Exhibit 99.1 to this Current Report on Form 8-K. In connection with the Analyst Day, Ligand issued a press release entitled "Ligand Discusses Financial Guidance and Growth Plans at Analyst Day Event."
The information in this Current Report on Form 8-K, including the presentation slides attached hereto as Exhibit 99.1 and the press release attached hereto as Exhibit 99.2, is being furnished pursuant to this Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and it shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or under the Exchange Act, whether made before or after the date hereof, except as expressly set forth by specific reference in such filing to this Current Report on Form 8-K. By filing this Current Report on Form 8-K and furnishing this information, Ligand makes no admission as to the materiality of any information in this Current Report on Form 8-K. The information contained in the presentation slides is summary information that is intended to be considered in the context of Ligand's filings with the Securities and Exchange Commission (the "SEC) and other public announcements that Ligand makes, by press release or otherwise, from time to time. Ligand undertakes no duty or obligation to publicly update or revise the information contained in this Current Report on Form 8-K, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure. Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.      Description

99.1             Company slides and slides of The Medicines Company - dated
                 December 4, 2012.

99.2             Press release of the Company dated December 4, 2012.

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