PETER W. CARTER (612) 340-5635 FAX (612) 340-2868 CARTER.PETER@DORSEY.COM February 26, 2007 Ligand Pharmaceuticals Incorporated 10275 Science Center Drive San Diego, CA 92121 Attn: Warner Broaddus, Esq., General Counsel Re: INDEMNITY FUND AGREEMENT...Ligand Pharmaceuticals Inc • March 5th, 2007 • Pharmaceutical preparations
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