PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • May 24th, 2010 • Ligand Pharmaceuticals Inc • Pharmaceutical preparations • Delaware
THIS PURCHASE AND SALE AGREEMENT (“Agreement”) is made and entered into on May 18, 2010 by and between THE GENAERA LIQUIDATING TRUST (the “Trust” or “Seller”), successor in interest to Genaera Corporation, a Delaware corporation (which has been dissolved and which is sometimes referred to as “Genaera”), and LIGAND PHARMACEUTICALS INCORPORATED, a Delaware corporation (“Ligand” or “Purchaser”).
