![]() Pelican Expression Technology Pelican Expression Technology is a platform of Ligand Pharmaceuticals for recombinant protein production. | ![]() Relay Therapeutics Relay Therapeutics was founded on the premise that putting protein motion at the heart of drug discovery can dramatically expand therapeutic possibilities. | ||
Founding Date | Founding Date 2019 | Founding Date 2009 | Founding Date 2016 |
Type | Type Public | Type Subsidiary | Type Public |
Tags | |||
Locations | Locations South San Francisco, US HQ | Locations San Diego, US HQ | Locations Cambridge, US HQ |
Employees | Employees 68 | Employees 14 | Employees 2724% decrease |
Valuation ($) | Valuation ($) 826.4 m | Valuation ($) N/A | Valuation ($) 958.5 m |
Financial | |||
Revenue (est.) | Revenue (est.) $46m (FY, 2025) | Revenue (est.) $50.3m (FY, 2019) | Revenue (est.) $15.4m (FY, 2025) |
Net income | Net income ($48.9m) (FY, 2025) | Net income $1.1m (FY, 2019) | Net income ($276.5m) (FY, 2025) |
Funding | |||
Total funding raised | Total funding raised $ 100m | Total funding raised $ 24m | Total funding raised $ 520m |

Pelican Expression Technology is a platform of Ligand Pharmaceuticals for recombinant protein production.
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Relay Therapeutics was founded on the premise that putting protein motion at the heart of drug discovery can dramatically expand therapeutic possibilities.
View company