Ligand binding is association of a ligand with a binding partner, such as a receptor or another protein. For a simple equilibrium , the dissociation constant is . If free ligand is controlled and sites are independent, fractional occupancy is . Half-occupancy occurs at free . This statement concerns binding; activation can require additional conformational or assembly steps. [ref]
The equilibrium strength of association under specified conditions. For simple one-to-one ligand binding, a smaller dissociation constant corresponds to stronger affinity; a predicted bound pose does not itself determine this constant.

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