Pelthos Therapeutics Purchases Xepi® (ozenoxacin) Cream, 1%, and Reveals $18 Million Private Convertible Notes Funding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2025
0mins
Should l Buy LGND?
Source: Newsfilter
Acquisition of Xepi: Pelthos Therapeutics has acquired the U.S. commercialization rights to Xepi, a topical treatment for impetigo, which addresses antibiotic-resistant skin infections, particularly in children.
Financing for Growth: The company secured $18 million through private convertible notes financing to support the acquisition and re-launch of Xepi, as well as to accelerate the commercialization of its existing product, ZELSUVMI.
Market Need: Impetigo, affecting around 3 million people annually in the U.S., is a common bacterial skin infection in children, and Xepi offers a new treatment option amid rising antibiotic resistance.
Future Plans: Pelthos plans to re-launch Xepi in late 2026, leveraging its commercial infrastructure to promote multiple innovative products in the pediatric and dermatology markets.
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Analyst Views on LGND
Wall Street analysts forecast LGND stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 198.310
Low
220.00
Averages
237.20
High
270.00
Current: 198.310
Low
220.00
Averages
237.20
High
270.00
About LGND
Ligand Pharmaceuticals Incorporated is a biopharmaceutical company enabling scientific advancement through supporting the clinical development of medicines. It does this by financing, licensing its technologies or both. It operates two infrastructure-light royalty-generating IP platform technologies. Its Captisol platform technology is a chemically modified cyclodextrin with a structure designed to optimize the solubility and stability of drugs. This technology has enabled FDA-approved products, including Gilead’s Veklury, Amgen’s Kyprolis, Baxter’s Nexterone, and Acrotech Biopharma’s Evomela. Its NITRICIL platform technology facilitates tunable dosing, permitting an adjustable drug release profile to allow proprietary formulations that target a range of indications. Its technologies also include HepDirect, LTP and BEPro Technology Platform, and Pelican Expression Technology. It has multiple alliances, licenses and other business relationships with various pharmaceutical companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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